_hotter-than-expected-prices-raise-rate-cut-doubts-as-prices-rise-over-2-in-april.jpg "Hotter-than-Expected Prices Raise Rate Cut Doubts as Prices Rise Over 2% in April from cut the rope on non stories Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 1.2M times
✓ Published: 15-May-2024
👁 View: 1.2M times
✓ Published: 15-May-2024
Description:
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
The Producer Price Index, which measures wholesale prices, rose 0.5% in April, more than the expected increase of 0.3%. Core PPI, which excludes volatile food and energy prices, also increased by 0.5% compared to an estimated 0.2%. On a yearly basis, wholesale inflation rose over 2% in April, the biggest gain in a year. Services prices drove much of the wholesale inflation, and portfolio management costs increased sharply. Energy prices rose led by a jump in gasoline costs, while food prices declined. Hotter-than-expected inflation raises doubts about the Fed's ability to cut rates soon to achieve its 2% target.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_survey-reveals-how-female-small-business-owners-measure-success.webp "One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).")
_some-women-owned-small-businesses-are-having-a-tough-time-in-this-economy.webp "A new study, Conducted by Talker Research for Office Depot found that 1 in 4 female small business owners has taken a pay cut in the past year.")
_love-always-wins-swiss-rapper-nemo-wins-eurovision-2024.webp "Swiss rapper Nemo won the 2024 Eurovision Song Contest with their song The Code. Nemo, a non-binary artist, dedicated their win to non-binary, transgender and gender fluid people.")
_7-ways-you-can-help-keep-oceans-clean.webp "7 Ways You Can , Help Keep Oceans Clean.<br/>1. Cut down on plastic use.<br/>Switching to things like reusable bags and <br/>water bottles can help fight against the 8 million tons <br/>of plastic that gets into our oceans every year.<br/>2. Volunteer to clean up.<br/>Talk to local politicians and community <br/>groups to see if there's already an ocean cleaning <br/>effort near you. If not, start your own.<br/>3. Donate to an ocean charity.<br/>Not everyone lives near an ocean and <br/>can help clean up, but giving money to those <br/>fighting for the cause goes a long way.<br/>4. Be mindful of <br/>what you flush.<br/>Flushing things such as medicines, wet wipes, cotton <br/>balls, floss, cat litter, insecticides, vegetable oil and <br/>paint can harm waterways, soil and oceans.<br/>5. Watch what you eat.<br/>Find out if your seafood is sourced in an <br/>ethical way that protects the ocean's ecosystems <br/>and doesn't pollute the water.<br/>6. Conserve water.<br/>When an excess amount of water ends <br/>up at sewage treatment plants, it can overwhelm <br/>the systems, and pollutants can still end up <br/>in oceans, rivers and streams.<br/>7. Share what you know <br/>with friends and family.<br/>The more people are educated, <br/>the more problems can be solved")
_home-prices-dip-as-homebuyers-show-dwindling-interest.webp "Home Prices Dip , as Homebuyers Show , Dwindling Interest.<br/>'Newsweek' reports that home sellers <br/>have started to cut prices in an effort <br/>to attract buyers amid lagging demand.<br/>According to a recent analysis by Zillow, <br/>price reductions increased by more than 22%, <br/>reaching the highest rate in the last six years.<br/>Zillow suggests that the price cuts <br/>could indicate dwindling demand.<br/>Price cuts can be a sign <br/>of weakening demand <br/>that foretells softer <br/>price growth ahead, Skylar Olsen, chief economist of Zillow, via 'Newsweek'.<br/>Potential homebuyers may start to see <br/>a market with more options, with the <br/>supply of homes jumping 6.4% in April. .<br/>On an annual basis, the supply of <br/>properties on the market skyrocketed 18%.<br/>According to Skylar Olsen, the chief economist <br/>of Zillow, this represents the \")
_under-armour39s-profits-plummet-96-in-q4-amid-declining-north-america-sales.webp "Under Armour reported a 96% drop in profits during its fiscal fourth quarter compared to the same period last year. The company's revenue declined 5% year-over-year for the quarter, and sales in Under Armour's largest market, North America, plunged 10%. The athletic apparel retailer expects sales in North America to drop even more sharply for the full 2024 fiscal year. The company is implementing a broad restructuring plan that will include an unspecified number of job cuts. Under Armour's CEO Kevin Plank blamed \")
_ancient-trees-on-popular-wa-tourist-road-to-be-cut-down.webp "An upgrade to a popular tourist road in Western Australia's south-west is dividing some locals.")
_us-military-looks-to-recruit-tech-experts-while-cutting-overall-troop-numbers.webp "US Military Looks to , Recruit Tech Experts While , Cutting Overall Troop Numbers.<br/>United States special operations commanders have<br/>been tasked with cutting overall forces by 5,000 <br/>troops, while also adding more high-tech experts. .<br/>United States special operations commanders have<br/>been tasked with cutting overall forces by 5,000 <br/>troops, while also adding more high-tech experts. .<br/>United States special operations commanders have<br/>been tasked with cutting overall forces by 5,000 <br/>troops, while also adding more high-tech experts. .<br/>Fox News reports that the conflicting goals, which have <br/>forced a broader restructuring of commando teams, <br/>have been influenced by Russia's ongoing war in Ukraine.<br/>U.S. Army Special Operations Command plans to <br/>increase the size of Green Beret teams by adding <br/>members with specialized technical abilities.<br/>U.S. Army Special Operations Command plans to <br/>increase the size of Green Beret teams by adding <br/>members with specialized technical abilities.<br/>Additional team members could include <br/>computer software experts capable of <br/>reprograming drones and other tech gear on the fly. .<br/>Additional team members could include <br/>computer software experts capable of <br/>reprograming drones and other tech gear on the fly. .<br/>Additional team members could include <br/>computer software experts capable of <br/>reprograming drones and other tech gear on the fly. .<br/>Gen. Bryan Fenton, commander of U.S. Special <br/>Operations Command, says the U.S. is \")
_survey-reveals-how-female-small-business-owners-measure-success.jpg)
_some-women-owned-small-businesses-are-having-a-tough-time-in-this-economy.jpg)
_love-always-wins-swiss-rapper-nemo-wins-eurovision-2024.jpg)
_7-ways-you-can-help-keep-oceans-clean.jpg)
_home-prices-dip-as-homebuyers-show-dwindling-interest.jpg)
_under-armour39s-profits-plummet-96-in-q4-amid-declining-north-america-sales.jpg)
_ancient-trees-on-popular-wa-tourist-road-to-be-cut-down.jpg)
_us-military-looks-to-recruit-tech-experts-while-cutting-overall-troop-numbers.jpg)
![[+]](/images/menu.gif){kind=small}