Core wholesale inflation jumps in July
BY: Associated Press WASHINGTON — A key measure of wholesale inflation rose in July by the most in six months. The measure, called core wholesale inflation, excludes volatile food and energy prices. It surged 0.4 percent last month. But most economists say they aren’t concerned about the increase. One reason is that it was driven largely by costlier [...] |
U.S. companies order more factory goods in May
BY: Associated Press WASHINGTON — Businesses requested more airplanes, autos, and oil drilling equipment in May The jump in factory orders after a sluggish spring suggests supply disruptions stemming from the Japan crisis are fading. Factory orders rose 0.8 percent in May, the Commerce Department said Tuesday. That followed a downwardly revised drop of 0.9 percent in April. [...] |
New rules offer big cash awards to whistleblowers
BY: Associated Press WASHINGTON — Whistleblowers who report corporate fraud or other misconduct to the government could receive sizable cash awards under new rules adopted Wednesday by federal regulators. Tipsters would be eligible if they give the Securities and Exchange Commission information that leads to an enforcement action resulting in more than $1 million in penalties. The SEC [...] |
February trade deficit narrows to $45.8 billion
BY: Associated Press WASHINGTON — U.S. companies sold fewer products overseas in February but the trade deficit still narrowed because of a big decline in oil imports. The trade deficit fell 2.6 percent to $45.8 billion in February, the Commerce Department reported Tuesday. Exports, which had hit an all-time high in January, edged down 1.4 percent to $165.1 [...] |




