Wholesale inflation was hotter than expected in January

US wholesale inflation heated up more than expected in January, new data showed Friday. The Producer Price Index, which measures the average change in prices seen by producers and manufacturers, rose 0.5% last month, a pickup from December’s 0.4% rate, according to the latest data from the Bureau of Labor Statistics. The annual rate of … Read more

Here’s What Analysts Are Saying About Costco Wholesale Corporation (COST)

Costco Wholesale Corporation (NASDAQ:COST) is one of the best natural and organic food stocks to buy now. Bernstein reaffirmed a Buy rating on Costco Wholesale Corporation (NASDAQ:COST) on February 12 with a price target of $1,155. The firm previously released a rating update on February 9, raising the price target on the stock to $1,155 … Read more