With fuel prices continuing to skyrocket, the Labor Department released a report on Tuesday showing another jump in U.S. import prices in the month of February.The report showed import prices increased by 1.3 percent in February after surging up by 1.4 percent in January. Economists had expected import prices to climb by 1.2 percent.Prices for fuel imports led the way higher once again, spiking by...
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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.