Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.
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German inflation eases to hotter-than-expected 2.1% in May
Economists polled by Reuters had expected the German harmonized consumer price index to come in at 2%.
Commodities giant ADM exploits green fuel loophole, UK producers say
US company benefits from double subsidy on biofuels as surge in imports threatens to wipe UK ethanol industry
Investment managers accused of misleading market over ‘active’ ETFs
Leading industry figures say some act more like passive funds that track benchmark indices
Elon Musk’s RTO
Plus, Evercore signs up for SaaS analysts and on the ground at the Maga-filled crypto conference in Las Vegas