Producer-Price Inflation Edged Lower in April

The producer-price index, which generally reflects supply conditions in the economy, increased a seasonally adjusted 0.5% from the prior month.

Senate Prepares to Confirm Powell to Second Term Leading Fed

Mr. Powell's nomination, scheduled for a Senate vote on Thursday, has been on track for months to win bipartisan approval despite unease over inflation and aggressive interest-rate increases that the Fed has urgently commenced to cool price pressures.

U.S. Jobless Claims Rose to 203,000 Last Week

New applications for unemployment benefits rose for the second week in a row but remained near historic lows in a sign of a tight U.S. labor market.

U.S. Stocks Fall as Inflation Weighs on Markets

Stock indexes pointed to another day of turbulence in markets driven by stronger-than-expected U.S. inflation.

Russian Oil Output Shrinks Under Western Pressure

The West's response to the invasion of Ukraine lowered Russia's crude-oil output by 9% in April and reshaped the global oil market as the country sought new markets for its production, the International Energy Agency said.

Natural-Gas Prices Soar in Europe After Russia Sanctions Energy Companies

Moscow's restrictions could reduce Europe's flexibility to import Russian gas through routes beyond Ukraine, though the full implications on gas supplies weren't yet clear.

The Fed Is Driving the Economy Without Knowing Its Speed Limit

Changes driven by the pandemic may mean the economy can grow faster without overheating than before, but the evidence is still thin.

Edmond de Rothschild Says ECB Must Raise Rates Soon to Tame Inflation

Benjamin Melman, global chief investment officer of Edmond de Rothschild Asset Management, said the European Central Bank must accelerate its fight against inflation despite risks to economic growth, while the U.S. economy could face recession as interest rates rise.

Carlyle's Ruulke Bagijn Says Market Volatility Creates Secondary Opportunities

Managers of investment firm Carlyle Group Inc.'s Global Investment Solutions segment, which deploys around $6 billion annually on behalf of investors, expect recent market volatility to spur an increase in secondary deal flow.