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Nortwest Arkansas Democrat Gazette - National Business icon

Nortwest Arkansas Democrat Gazette - National Business

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WASHINGTON -- Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead.

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NEW YORK -- If you bought something from an overseas vendor last year, it might be time to check your bank account.

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NEW YORK -- The U.S. stock market rose to an all-time high Thursday following the latest sign that inflation is easing . Stocks also got a lift from easing oil prices in their latest yo-yo move.

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Detroit's automakers plan to argue to the Trump administration that its proposals for a revised North American trade deal could cost the companies billions of dollars and hurt their competitiveness with foreign rivals.

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WASHINGTON -- U.S. inflation declined slightly last month as the cost of gas and groceries slipped, though prices are still rising more quickly than before the Iran war, posing challenges for the White House as the midterm elections near.

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