The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Conflicting inflation data, market volatility, and economic uncertainty challenge investors. Learn how to navigate shifts and ...

CNBC anchor Rick Santelli, the man who helped create the Tea Party movement after President Obama was elected with his anti-homeowner hijinks, was thoroughly walloped by the horrible data in July's ...

The Dow on Friday was trying to close at its first record high of the year, as Wall Street has maintained steady optimism despite signs of underlying turbulence in the economy.

U.S. wholesale inflation saw its biggest rise in over three years, with Trump s tariffs driving costs higher and signaling ...

Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...

BlackRock pours over $1B into Bitcoin & Ethereum ETFs during a dip, purchasing the crypto assets amid a sharp market pullback ...

The latest producer price index, which measures the average change in prices paid to producers, jumped .09% in June.

The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...

The Bureau of Labor Statistics (BLS) released its Producer Price Index (PPI) on Thursday, revealing an unexpected 0.9 percent ...

The crypto market tumbled 2% amid confusing comments by Scott Bessent and hotter-than-expected US Producer Price Index data ...

Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.