The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with economist estimates in the month of June.The report said business inventories climbed by 0.8 percent in June after rising by an upwardly revised 0.6 percent in May.Economists had expected business inventories to increase by 0.8 percent compared to the 0.5 percent growth originally r...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.