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Inflation pressure evident at producer level

Feb 15, 2018
The producer price index for January rose 0.4 percent month-to-month, and 2.7 percent year-to-year. Core producer prices, excluding volatile food and energy prices, were up 2.2 percent year-to-year. Producer prices remained muted after the Great Recession as economic growth was sluggish, but upward price pressure appears to be building at both the wholesale and retail […]

What it means when the dollar and the market diverge

Aug 25, 2017
The U.S. stock markets have been doing well, and President Trump is quick to link his time in office to market highs. But at the same time the dollar has been dropping, losing more than 8 percent of its value against six major currencies since January. That divergence can be significant for retailers, manufacturers, and […]

Here’s why the dollar is losing ground to other currencies

May 17, 2017
Until yesterday, stocks seemed pretty immune to the noise out of Washington. But the dollar? Different story. The past week has not been kind to the U.S. currency. It’s at a seven-month low, in fact. Here’s why the dollar is so sensitive to the news. Click the audio player above to hear the full story.

Theory versus reality on the border adjustment tax

Mar 3, 2017
The border adjustment tax being championed by House Republicans would increase taxes on imports and make it cheaper to export American-made goods. Businesses who support it contend that it would even the playing field between foreign products and those made in the U.S. Opponents argue a BAT would make many popular retail goods prohibitively expensive. […]

The greenback challenges Donald Trump’s agenda

Mar 2, 2017
 The U.S. dollar is moving full steam ahead. It’s on its longest winning streak since May. That’s because investors like U.S. economic fundamentals and because they’re betting on an interest-rate hike by the Federal Reserve in March. But the rising dollar is creating problems for President Donald Trump. Click the audio player above to hear […]

Strong or weak? A hard call, when it comes to currency

Feb 8, 2017
The president isn't the only one looking for answers.

For public good, not for profit.

Surprise. China is not a currency manipulator

Dec 5, 2016
Donald Trump has repeatedly said the opposite. Here's why he's wrong.
A post office employee counts Chinese yuan at a post office branch set up inside Beijing's Great Hall of the People during the National People's Congress on March 7.
GREG BAKER/AFP/Getty Images

For Hertz, disappointing results reflect challenging times

Nov 8, 2016
The rental car business is running on E.
Spencer Platt/Getty Images

Strong dollar makes for weaker profits

Jan 27, 2016
Companies face obstacles with a rising dollar.
Yesterday, Apple reported the slowest iPhone earnings since 2007, which it partially blamed on the the strong dollar. 
Andrew Burton/Getty Images