It is time for a little money power politics. The Labor Department published new numbers on US wholesale prices today and spoiler they are much higher than expected. The PPI surged nearly 1% last month.That is the biggest monthly jump in over 3 years. Now if you are not familiar with this measure, what it is, what it means, why do we care. Well, PPI stands for producer price index.That means the wholesale price of goods. we care because it provides unique insight into the real inflation picture that's comin ...

Wholesale prices—the cost of goods and services purchased directly from producers—rose at the sharpest monthly rate in three years https://t.co/LmRHFPbvFO ...

Stocks Shudder As Wholesale Prices Rise Higher Than Expected In Julyhttps://t.co/Yx1I4NjRG5 https://t.co/R4ll72q2jt ...