A report released by the Labor Department on Thursday showed steep drops in both import and export prices in the U.S. in the month of April.The Labor Department said import prices plunged by 2.6 percent in April after tumbling by a revised 2.4 percent in March.Economists had expected import prices to plummet by 3.1 percent compared to the 2.3 percent slump originally reported for the previous mont...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.