Business inventories in the U.S. saw a modest decrease in the month of April, according to a report released by the Commerce Department on Tuesday.The report said business inventories slipped by 0.2 percent in April after inching up by a downwardly revised 0.2 percent in March.Economists had expected business inventories to edge down by 0.1 percent compared to the 0.3 percent uptick originally rep...
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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.