Wholesale Prices in U.S. Probably Rose in April on Oil Costs

By Bob Willis May 14 (Bloomberg) -- Prices paid to U.S. producers probably rose in April as oil costs rebounded, economists said before a report today. The projected 0.2 percent increase in wholesale prices would follow a 1.2 percent drop in March, according to the median estimate of 68 economists surveyed by Bloomberg News. Another report may show the number of people claiming jobless benefits climbed last week from a three-month low. Signs that the worst of the recession is over may boost... Read more »