US August wholesale inventories revised lower
Inventories at wholesalers rose 0.5% in August after a downward revision, according to the Commerce Department’s Census Bureau.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
4 results loaded, newest first. End of these results.
Inventories at wholesalers rose 0.5% in August after a downward revision, according to the Commerce Department’s Census Bureau.
August PCE inflation rose 0.3% month-on-month and 3.4% year-on-year, below expectations. Core PCE rose 0.2% monthly and 3.3% annually, also cooler than predicted. Second-quarter GDP was revised up to a 2.2% annualized rate, while September private sector jobs added by ADP surged to 90,000, exceeding forecasts.
The Africa-focused critical minerals explorer, developer and trader said the results are unaudited and cover the six months ended 30 June 2026. It said its Rwanda mineral trading business expanded during the period.
Dollar General shares gained more than 5% after reporting second-quarter earnings of $2.23 per share on sales of $11.290 billion and raising FY26 guidance above estimates.