The numbers: The cost of imported goods fell 1.4% in July, the U.S. Labor Department said Friday. This is the first decline since December and the largest since April 2020. Read more
Tag: fuel
U.S. import prices decline in July for the first time this year
The numbers: The cost of imported goods fell 1.4% in July, the U.S. Labor Department said Friday. This is the first decline since December and the largest since April 2020. Read more
Plug Power stock dips after earnings hit by fuel pressure
Shares of Plug Power Inc. dipped in after-hours trading Tuesday after the hydrogen fuel-cell company fell shy of expectations with its latest revenue and earnings. The company recorded a second-quarter Read more
Fuel cell, EV and solar stocks rally as climate bill makes ‘alternative’ energy more ‘in the money’
Shares of solar, elective vehicle and fuel cell companies all rallied Monday, after the Senate approved what J.P. Morgan analyst Mark Strouse called “the largest policy change in U.S. history” Read more
Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears
Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities Read more
The fuel efficient 2023 Kia Seltos is sleek and refined with a hint of ruggedness
Price: The 2023 Kia Seltos has a starting price of $22,890. The top model, the Kia Seltos SX AWD, begins at $28,249. The destination fee is $1,295. The Kia 000270, Seltos Read more
Opinion: Higher prices lead to higher wages, which fuel higher prices. The Fed must break this cycle with aggressive rate increases.
CAMBRIDGE, Mass. (Project Syndicate)—Recent price- and wage-growth data make it increasingly clear that the U.S. economy’s underlying inflation rate is at least 4% and more likely to be rising than Read more
U.K. retail sales declined slightly in June on lower fuel, clothing sales
U.K. retail sales fell in June for the fourth time in five months, dragged by lower fuel sales, adding to evidence of a weakening in consumer spending as the cost-of-living Read more
U.S. oil prices fall more than 3% as weaker gasoline demand allows fuel inventories to rise
Oil futures fell sharply on Thursday, extending a decline seen after a counter-seasonal rise in U.S. gasoline inventories reflecting falling demand. Also on Thursday, prices for natural-gas futures gave up Read more
The biggest monthly rent increase in 36 years is adding fuel to inflation fire
Rent prices are helping to fuel inflation, new government data shows, seeing their largest monthly increase in more than three decades. The consumer price index jumped by a stunning 9.1% Read more
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