02:31 PM EDT, 06/09/2025 (MT Newswires) -- April wholesale inventories were revised up to a 0.2% increase from a flat reading in the advance report. At the same time, wholesale sales increased by 0.1%, less than expected, with auto sales down 0.9%. Combined with already released data for the retail and factory levels of distribution, business inventories are on track...

WASHINGTON (Reuters) -Republican U.S. House Representative Mark Green said on Monday that he will resign from Congress after the House votes again on President Donald Trump's sweeping tax and spending bill. Recently, I was offered an opportunity in the private sector that was too exciting to pass up. As a result, today I notified the Speaker and the House of...

NEW YORK (Reuters) -U.S. Treasury auctions of notes and bonds this week are even more in focus than usual as tests of market sentiment on U.S. assets, and while investors look like keen buyers of short and medium-term debt, appetite at the long end is more dicey. These once-routine auctions have become a focus for investors as a gauge of...

02:16 PM EDT, 06/09/2025 (MT Newswires) -- Inflation expectations eased in May, a survey by the Federal Reserve Bank of New York showed Monday, ahead of consumer price index data due later this week. Median year-ahead inflation was seen at 3.2% last month, down by 0.4 percentage point from April's outlook, according to the survey. Three years out, the expected...