Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.

The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.
Iran’s central bank chief said Thursday that the country is set to join the BRICS New Development Bank.
SK Hynix, the leading maker of high-bandwidth memory, is pouring $720 billion into memory factories to meet AI demand. We got an exclusive first look.
Greenland Energy Company and joint venture partner 80 Mile have delayed planned oil drilling in Greenland until winter 2027.
Oil futures retreated early Wednesday morning after prices rose overnight.
A new lawsuit challenges recently issued rules from federal banking regulators that preempts state laws requiring banks to pay interest on escrow accounts.
Warren and Garcia said they sought answers from Trump to inform their work on potential legislation to ban presidents from owning individual stocks.
The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the Iran war and high energy prices.
It's the second time in just over a week that polls and prediction markets' odds were off, following a miss in the Democratic U.S. senate primary in Michigan.
A goat herding business facing higher wage costs turned to prediction market platform Kalshi to hedge and help offset the possible expense.
Here are five key things investors need to know to start the trading day.
Leavitt, the youngest White House press secretary ever, gave birth in May to a girl, her second child.
Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despite the metal's recent decline.
Ukraine has launched a heavy drone assault on warships and major Russian grain export terminals in the Black Sea port city of Novorossiysk.
Global shipping demand remains strong despite geopolitical turmoil, but port and trucking bottlenecks are increasing congestion and putting upward pressure on freight rates.
Family offices are built to be patient with their money. Giorgos Tsetis is not.
Novo Nordisk CEO defended the company's decision to sue rival Eli Lilly over its weight-loss drug advertising.
CoreWeave is seeing strong demand for six-year-old Nvidia chips, helping justify all the current AI capex.
Counterpoint Research looked at the NAND segment of memory chips, which is benefitting along with the larger DRAM segment from artificial intelligence demand.
Cerebras Systems reported better-than-expected second-quarter revenue and raised its full-year guidance.
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs says.
The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted."
Favorable regulations, a growing local investor base, and tax holidays are giving momentum to India's GIFT City.
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.