U.S. import prices unexpectedly rose in April as a surge in the cost of capital goods offset cheaper energy products.

Prices paid to US producers unexpectedly declined in April by the most in five years, largely reflecting a slump in margins, suggesting companies are absorbing some of the hit from higher tariffs.

U.S. wholesale prices unexpectedly fell in April, marking the largest monthly drop since the start of the pandemic in 2020. CBS News contributor J.D. Durkin has more.

President Trump indicated the U.S. was close to a deal in which Iran agrees to forgo nuclear weapons, sparking a selloff in oil prices. "You probably read today the story about Iran has sort of agreed to the terms,

Oil prices settled lower on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the global market. Brent crude futures settled down $1.

Oil prices fell Thursday while global equities were mixed after President Donald Trump said the United States was close to making a deal on Iran's nuclear program.

President Donald Trump signed an executive order this week setting a 30-day deadline for drugmakers to electively lower prices in the U.S. or face new limits on what the government will pay

US President Donald Trump’s effort to reduce drug prices for Americans relies on a practice long employed in Europe: aligning costs with lower prices paid elsewhere. If he succeeds, the knock-on effect could hit Europe hard.