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Wholesale prices jump 1 percent in March
Apr 13 2007 5:46PM (CT)
WASHINGTON (AP) - Wholesale prices shot up by 1 percent in March, mostly reflecting more expensive gasoline and food. However, when those volatile energy and food prices are removed, all other prices were flat in March, suggesting that inflation is not spreading throughout a wider range of goods in the economy, the Labor Department's report, released Friday, also showed.
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Wholesale prices jump 1 percent in March
Apr 13 2007 5:46PM (CT)
WASHINGTON (AP) - Wholesale prices shot up by 1 percent in March, mostly reflecting more expensive gasoline and food. However, when those volatile energy and food prices are removed, all other prices were flat in March, suggesting that inflation is not spreading throughout a wider range of goods in the economy, the Labor Department's report, released Friday, also showed.
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Trade deficit falls for second month
Apr 13 2007 11:09AM (CT)
WASHINGTON (AP) - The U.S. trade deficit improved for a second month as oil imports fell sharply and the politically sensitive deficit with China narrowed to its lowest point in nine months.
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