Wholesale prices spike on steep rise in food, oil

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

Oil prices rebounded Wednesday after falling sharply earlier in the week. Oil rose $2.20 to $99.38 a barrel in morning trading on the New York Mercantile Exchange.

Wholesale prices rose 1 percent for apparel, the most in 21 years. Costs also increased for cars, jewelry, and consumer plastics.

 

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
TWT Video Picks