Prices
Tag: Prices
IMF: Nearly all Mideast economies hit by pandemic recession
DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an economic recession this year,...
US wholesale prices up 0.4% in September as food costs surge
WASHINGTON (AP) — U.S. wholesale prices jumped 0.4% in September as food costs rose by the largest amount since May.
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Consumer prices rise 0.2% in September, used vehicles spike
SILVER SPRING, Md. (AP) — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.
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Suspect in Rhode Island homicide caught at border crossing
PROVIDENCE, R.I. (AP) — The suspect in a fatal stabbing in Rhode Island last month has been apprehended apparently trying to cross from California...
Brazil’s poor squeezed by less virus aid, surging food costs
RIO DE JANEIRO (AP) — Many people in Brazil are struggling to cope with less pandemic aid from the government and jumping food prices,...
Fed officials cited risks if Congress fails to pass more aid
WASHINGTON (AP) — Federal Reserve officials expressed concern at their most-recent meeting that the U.S. economy recovery could falter if Congress failed to approve...
Inflation slump in Europe could presage more stimulus
FRANKFURT, Germany (AP) — Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will...
US 3Q auto sales fall 9.7%, but they’re rising from 2Q lows
DETROIT (AP) — In normal times, a 9.7% drop in auto sales would cause executives to sweat profusely. These are not normal times.
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US housing roars back despite recession, high unemployment
LOS ANGELES (AP) — The U.S. housing market has staged a furious comeback this summer, even as the economy struggles to regain its footing...
Consumer spending gains slow to 1% in August
WASHINGTON (AP) — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during...
S&P CoreLogic Case-Shiller: US home prices rise 3.9% in July
WASHINGTON (AP) — U.S. home prices rose at a faster pace in July as the housing market continued to show strength in the midst...
Turkey hikes rates to support currency, fight inflation
ANKARA, Turkey (AP) — Turkey’s Central Bank raised its benchmark interest rate by 2 percentage points on Thursday, its first hike in two years...
Powell faces lawmakers’ skepticism on some Fed aid programs
WASHINGTON (AP) — Chairman Jerome Powell on Wednesday defended the Federal Reserve's efforts to support the economy during the pandemic-induced recession from assertions that...
US homes sales rise 2.4% in August
SILVER SPRING, Md. (AP) — Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers...
Fed sees rates near zero through 2023, perhaps longer
WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest...
Federal Reserve to meet after sharp changes to its outlook
WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways...
Tech falters again as Wall Street ends worst week in months
NEW YORK (AP) — Wall Street closed out its worst week since June with another day of churning trading Friday, as big technology stocks...
Consumer prices up 0.4% in August as used car prices surge
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in August as used car prices surged by the largest amount in 51 years, the Labor...
European Central Bank’s stimulus program to keep on rolling
FRANKFURT, Germany (AP) — With almost a trillion euros still in the pipeline, the European Central Bank said Thursday that its emergency support program...
US wholesale prices rise 0.3% in August as food costs drop
WASHINGTON (AP) — U.S. wholesale prices rose 0.3% in August, just half the July gain, as food and energy prices decline.
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Falling prices flash warning light for Europe’s economy
FRANKFURT, Germany (AP) — A startling fall in consumer prices and a stronger euro have increased pressure on the European Central Bank to provide...
Fed survey finds widespread pessimism about economic future
WASHINGTON (AP) — The...
Eurozone unemployment capped by support programs _ for now
FRANKFURT, Germany (AP) —...
Asian stocks fall back after Wall Street advances to record
BEIJING (AP) — Asian...
Asian stocks gain after Wall Street advances to record
BEIJING (AP) — Asian...
S&P 500 rises to close out longest weekly win streak of 2020
NEW YORK (AP) —...
US consumer spending rose a moderate 1.9% in July
WASHINGTON (AP) — U.S....
Markets higher as Fed chair says interest rates to stay low
Asian markets were mostly...
Fed: Rates to stay ultra-low even after inflation picks up
WASHINGTON (AP) — The...
S&P CoreLogic Case-Shiller: US home prices rise 3.5% in June
WASHINGTON (AP) — U.S....
Fed officials worried about withdrawal of government support
WASHINGTON (AP) — U.S....
Home prices climb to record in pandemic as buyers seek space
NEW YORK (AP) —...
Stocks rebound on Wall Street, S&P 500 trades above record
Stocks marched broadly higher...
US consumer prices rose 0.6% in July, matching June uptick
WASHINGTON (AP) — U.S....
US producer prices up 0.6% in July, biggest jump since 2018
WASHINGTON (AP) — U.S....
Livestock prices stress Muslims in Africa ahead of Eid
DAKAR, Senegal (AP) —...
Fed wrestles with its next moves as virus stalls US economy
WASHINGTON (AP) — Federal...
S&P CoreLogic Case-Shiller: US home prices rose 3.7% in May
WASHINGTON (AP) — U.S....
Asian shares advance after Wall St rally; gold extends gains
MITO, Japan (AP) —...
Gold’s luster grows as investors hedge in uncertain times
Wall Street is in...
Uncertainty pushes gold price to record, over $1,930 per oz
BEIJING (AP) — The...
Gold surges, Asian stocks mixed amid US-China feud, pandemic
BEIJING (AP) — Asian...
With no new law to curb drug costs, Trump tries own changes
WASHINGTON (AP) — Unable...
With no new law to curb drug costs, Trump tries own changes
WASHINGTON (AP) — Unable...
Proposal to raise malpractice caps qualifies for 2022 ballot
SACRAMENTO, Calif. (AP) —...
Spiking cost of gasoline pushes June consumer prices up 0.6%
WASHINGTON (AP) — U.S....
US wholesale prices fell 0.2% in June as food costs plunged
WASHINGTON (AP) — U.S....
Asian shares mixed as pandemic saps buying momentum
TOKYO (AP) — Shares...
Shell takes $22 billion hit on lower oil, gas prices
LONDON (AP) — Energy...
US home prices increase 4% in April
WASHINGTON (AP) — U.S....
Average L.A. County Gas Price Drops For 52nd Consecutive Day
LOS ANGELES (CNS) - The average price of a gallon of self-serve regular gasoline in Los Angeles County dropped today to its...
Chaos And Scrambling In The US Oil Patch As Prices Plummet
By CATHY BUSSEWITZ AP Business Writer
NEW YORK (AP) — In Montana, a father and son running a small...
US Home Prices Rose At 3.1% Annually In January
By JOSH BOAK AP Economics Writer
BALTIMORE (AP) — U.S. home price growth was showing signs of acceleration...
Home Prices, Sales Dipped In L.A. County Last Month
LOS ANGELES (CNS) - The median price of a single-family home in Los Angeles County dipped last month, along with sales of...
