Matt Grossman

The finance ministers’ gathering comes to a close amid a global bond-market selloff, spats over tariffs, and public insults.

ASHEVILLE, N.C.—U.S. Treasury Secretary Scott Bessent arrived here to host global economic officials in the Blue Ridge Mountains, fresh off the

New York Fed President John Williams indicated that he doesn't see clear-cut evidence right now that the Fed must raise interest rates to respond to persistent inflation. In an interview with CNBC, Williams said the current spate of rising prices is du in part to passing causes: one-time price incr

Read this exciting story from The Wall Street Journal September 02, 2026 issue. Treasury Secretary Scott Bessent sought this week to convince global economic leaders that growth can outrun debt, but the G-20 gathering here ended Tuesday amid a global bond-market selloff, bickering over tariffs and a squabble over a group photo.

Inflation in wholesale prices accelerated last month, the Labor Department said Thursday, in a report closely watched for its implications for the Fed's interest-rate decision next week. The producer price index rose by 0.4% last month, versus its 0.1% increase in July. The reading was in line wi

The producer-price index rose 0.4% in August, versus a 0.1% increase in July. The reading was in line with economists’ forecasts.

Wholesale-price inflation sped up in August, the Labor Department said Thursday. The producer-price index rose by 0.4% last month, versus its 0.1% increase in July.

Fed watchers are weighing whether the central bank will raise interest rates next week. They got another data point to mull over this morning: August's [wholesale inflation report](https://www.wsj/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-10-2026/card/wholesale-price-inflation-sped-up

The president’s trillion-dollar idea faces hurdles in Congress and risks sparking inflation.

President Trump offered a pricey promise in his convention speech Wednesday. If Republicans retain control of the House and Senate in November's