Wholesale Prices Soar
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WASHINGTON -- The government reported Tuesday the biggest single monthly spike in its wholesale inflation measure since early 1990.
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Prices paid to US producers rose 1.7 percent last month, the biggest jump in 14 years, as higher energy and food costs suggested that inflation is picking up with economic demand.
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Wholesale prices, pushed by sharply higher energy and food costs, soared by 1.7 percent in October, the largest increase since early 1990.
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Inventories at U.S. wholesalers  climbed a steeper-than-expected 1.1 percent in November as  stocks increased across a wide variety of categories, including  cars and computers, a government report showed on Monday.
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Wholesale prices and retail sales jumped in November and jobless claims fell last week.
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The biggest jump in gasoline prices in six months helped push inflation at the wholesale level higher in May although inflation outside of energy remained well-behaved.
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The discount retailer beats estimates with a 10.3% rise in comps.
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WASHINGTON -- The biggest jump in gasoline prices in six months helped push inflation at the wholesale level higher in May although inflation outside of energy remained well-behaved.
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This market is presenting some amazing bargains. Here's one of the best.
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A surprisingly big climb in US retail sales in September and a larger-than-expected gain in underlying producer prices bolstered hopes for an economic revival and views
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New orders for long-lasting U.S.-made manufactured goods surged a much bigger-than-expected 5.9 percent in July, the biggest gain since September.
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Wholesale prices for domestically produced menâs and boysâ apparel rose 0.6 percent in October 2004, which economists attributed to higher energy costs rather than real pricing power, the Labor Departmentâs Producer Price Index revealed on Tuesday.
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Wholesale prices shot up 3.2 percent in November, the biggest jump in 34 years, propelled by gasoline prices. Meanwhile retail sales rose by the largest amount in six months.
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Description: NPR&#39;s Alex Chadwick talks to Tess Vigeland of Marketplace about the jump in wholesale prices that has fueled inflation worries.
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FDA clearance sends stock skyrocketing.
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Multiple bids could drive the company's stock even higher.
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BJ's Wholesale Club Inc. (BJ.N) on Tuesday posted higher quarterly profit as soaring gasoline prices and strong demand for food boosted sales.