US wholesale inflation rose in July by the most in three years, as the producer price index increased 0.9% from a month earlier after no change in June, and 3.3% from a year ago. Meanwhile, initial jobless claims decreased by 3,000 to 224,000 in the week ended Aug. 9, while continuing claims fell to 1.95 million in the previous week. Jonathan Ferro and Lisa Abramowicz report on Bloomberg Television.
