Wholesale inventories in the U.S. unexpectedly decreased in the month of January, according to a report released by the Commerce Department on Thursday.The report said wholesale inventories fell by 0.5 percent in January following a revised 0.1 percent dip in December.Economists had expected wholesale inventories to rise by 0.2 percent, matching the increase originally reported for the previous mo...
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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.