PPI inflation report takeaways

Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August. Here’s what to know: For the third time this year,…

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Stoxx 600, FTSE, DAX, data

LONDON — European stocks are expected to start the new trading week broadly higher on Monday. The U.K.’s FTSE index is seen unchanged, Germany’s DAX up 0.12%, France’s CAC 40 up 0.1% and Italy’s FTSE MIB up 0.12%, according to data from IG. It’s a quiet day on the data front in Europe on Monday, although…

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Trump firing Cook could damage Fed independence: Rebecca Patterson

President Trump’s efforts to fire Federal Reserve Governor Lisa Cook could jeopardize the central bank’s independence, according to longtime investor Rebecca Patterson. “We shouldn’t ignore this at all. This is a big deal what’s going on,” the former Bridgewater Associates chief investment strategist told CNBC’s “Fast Money” this week. Patterson, now a senior fellow at…

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