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UK inflation rises to highest level in nearly 3 years

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LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...

Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Inflation at wholesale level increases 1.0% in June

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WASHINGTON — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. ...

Wholesale inflation over past year jumps by record amount

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WASHINGTON — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%. ...

Stocks open higher; Citi, Wells Fargo lead gains for banks

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Stocks are opening broadly higher on Wall Street Wednesday as several big companies reported results that were better than analysts were expecting. The S&P...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Technology stocks drive early gains as latest earnings flow

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Big technology companies pushed U.S. stocks higher in early trading as investors reviewed the latest earnings reports and updates on rising inflation. ...

Stocks give up an early gain and turn mixed on Wall Street

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Stocks gave up an early gain and turned mixed on Wall Street as banks and energy companies fell while other sectors rose. ...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...