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Author: TraderPlanet TraderPlanet

Mattel shares sink on whistleblower letter

NEW YORK (AP) — Shares in Mattel tumbled more than 10% in morning trading after the toymaker pulled a debt offering upon learning of a letter from an anonymous whistleblower. The details of the complaint were not revealed, but...

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US wholesale prices rise just 0.2% in July

WASHINGTON (AP) — U.S. wholesale prices ticked up just 0.2% in July, the latest sign that inflationary pressures are largely in check. The Labor Department said Friday that the producer price index — which measures price changes...

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