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Year over year wholesale inflation pulls back to +5.5%, 100 bps lower than last month's initial print.

Spot gold prices are modestly higher and spot silver prices are weaker ahead of the North American market open Wednesday, as a softer U.S. inflation mix supported precious metals while renewed Strait of Hormuz tension kept crude oil prices and Treasury yields elevated.

US stock futures rise after soft CPI boosted rate cut hopes. See why today's PPI report, earnings and Treasury yields could decide the next move for US stocks.

The No Surprises Act was created to protect patients from unexpected medical bills. While those patient protections are working, new research from the Elevance

The U.S. economy faced intensifying headwinds in May as both consumer and wholesale inflation metrics surged to multi-year highs. Driven largely by accelerating energy and supply chain costs, these dual jumps signal persistent upward price pressures that threaten to keep household expenses elevated.