8 mins read

Walmart and Amazon race to win over rural America with speedier deliveries

PEA RIDGE, Ark. | Walmart and Amazon are racing to speed up online order deliveries in rural areas of the U.S., a rich source of untapped sales that major retailers long wrote off as too sparsely inhabited, too remote or too impoverished to serve profitably. Walmart has a running start in the contest to build […]

4 mins read

Producer prices shot up 6%, adding to pressure on companies to raise prices for customers

WASHINGTON | U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, most since December 2022, as the 10-week Iran war pushed up energy prices and put pressure on companies to pass along higher costs to consumers. The Labor Department reported Wednesday that its producer price index — which […]