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WASHINGTON (Reuters) -U.S. import prices barely rose in November as increases in the costs of food and fuels were partially offset by decreases elsewhere thanks to a strong dollar, suggesting that inflation pressures could subside in the months ahead. The report from the Labor Department on Friday, which also showed a sharp drop in imported air passenger fares last month, was supportive of economists' expectations for tamer gains in the personal consumption expenditures (PCE) price measures tracked by the Federal Reserve for its 2% inflation target. "Recent dollar strength should be a headwind for import price growth in coming months, but trade policy remains a wild card," said Michael Hanson, an economist at JPMorgan.

(Bloomberg) -- Oil prices are set for a new boom period from the middle of the next decade on continued demand growth in China and elsewhere, according to consultants Rapidan Energy Group.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxBrace for a Nationwide Shuffle of Corporate HeadquartersHow California Sees the World, and ItselfCity Hall Is HiringAmerican Institute of Architects CEO Resigns“As expectations of a 2030 peak in global demand recede, the reality of a

As Bitcoin expands globally, mining and reserve adoption are poised to reshape its market trajectory.

Sovereign wealth funds and corporate reserves emerge as key drivers in Bitcoin’s adoption narrative.

Smaller units and steady growth could push Bitcoin to unprecedented levels in the years ahead.

Broadcom CEO Hock Tan’s upbeat projections of AI chip growth potential lifted the company’s stock 24%, despite some fuzziness in his commentary. Plus, The Information’s stories of the week.

The Dow and S&P 500 recorded losses for the week, but the Nasdaq got a boost from big tech. Broadcom's valuation hit $1 trillion for the first time.

Tech stocks led the way higher Friday morning as Broadcom surged higher after the chipmaker predicted an AI-driven sales surge.

Bold predictions for Bitcoin’s price reveal optimism and hurdles amid the ongoing bull market phase.

In the ever-evolving landscape of the freight industry, a new phenomenon is emerging that threatens to upend the delicate balance between shippers and carriers. Known as “carrier revenge,” this impending shift in market dynamics promises to reshape how goods are transported across the nation. The post Carrier Revenge: The freight market’s impending power shift appeared first on FreightWaves.