U.S. import prices increased more than expected in April amid rising costs for petroleum products and a range of other goods, which could help boost domestic inflation and keep the Federal Reserve on course for further interest rate hikes.
Author: By Lucia Mutikani - Reuters
Factory Orders Rise for Fourth Straight Month
New orders for U.S.-made goods increased for a fourth straight month in March and orders for capital equipment were stronger than previously reported, pointing to a sustained recovery in the manufacturing sector.
Factory Orders Rise for Fourth Straight Month
New orders for U.S.-made goods increased for a fourth straight month in March and orders for capital equipment were stronger than previously reported, pointing to a sustained recovery in the manufacturing sector.