Employees allege that eight years of underperformance of target-date funds in comparison with peer benchmarks “is impossible to justify” for the Post-it notes conglomerate.

The July PPI indicates companies are adjusting their pricing of goods and services to help offset costs associated with higher U.S. tariffs.

President Trump’s nominee to head the Bureau of Labor Statistics, E.J. Antoni, caused a stir by suggesting the agency suspend the monthly jobs report.

“Inflation was broadly in line with expectations, as tariffs continue to be largely absorbed within profit margins. This gives the Fed the room to respond to the weaker jobs backdrop and cut interest rates from September.”