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Business

Markets open higher as inflation reading comes in cooler than expected

Core prices rose 0.2% month over month, the smallest increase since February, and Treasury yields eased.

The Flyover Markets Desk

9:32 AM ET · 2 min read

Core prices rose 0.2% month over month, the smallest increase since Februa… · The Flyover

Core consumer prices rose 0.2% in the latest month, below the 0.3% consensus, and 2.9% year over year.

The two-year Treasury yield fell six basis points, while equity futures moved higher before the open.

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A plain-English guide to fixed vs. variable operating loans

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Shelter costs remain the largest single contributor to the annual figure, accounting for roughly a third of the increase.

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Grain shipments hit a five-year high as river levels recover

Barge traffic on the lower Mississippi returned to normal draft limits, easing a bottleneck that raised freight costs across the Midwest.

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Utilities and data center operators reach power-sharing deal in Ohio

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