Latest Inflation News
Stock market today: Nasdaq composite ticks higher to a record after a quiet day on Wall Street
NEW YORK (AP) — Most U.S. stock indexes edged higher after a quiet day of mixed trading Monday following their latest winning week. The S&P 500 rose 4.86 points, or 0.1%, to 5,308.13 and pulled within 0.02 of its record set last week. The Nasdaq composite gained 108.91, or...
Norwegian Cruise Line, Wix.com rise; Cushman & Wakefield, Target fall, Monday, 5/20/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Johnson Controls International PLC, up $1.60 to $70.62. Elliott Investment Management has reportedly taken a large stake in the diversified technology and industrial company. ...
Target to lower prices on thousands of basic items as inflation sends customers scrounging for deals
Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and more Americans pay closer attention to their spending. The price cuts, already applied to 1,500 items, will eventually include 5,000 food, drink...
Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
WASHINGTON (AP) — It was a time of fear and chaos four years ago. The death count was mounting as COVID-19 spread. Financial markets were panicked. Oil prices briefly went negative. The Federal Reserve slashed its benchmark interest rates to combat the sudden recession. And the...
Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina
BUENOS AIRES, Argentina (AP) — Commuters in Buenos Aires on Friday were hit by an abrupt 360% increase in subway fares, one of the most dramatic price hikes in libertarian President Javier Milei 's harsh budget austerity campaign in Argentina. After weeks of hearings, a judge on...
Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since
For the nation’s bicycle shops, the past few years have probably felt like the business version of the Tour de France, with numerous twists and turns testing their endurance. Early in the pandemic, a surge of interest in cycling pushed sales up 64% to $5.4 billion in 2020,...
The Dow closed above 40,000 for the first time. The number is big but means little for your 401(k)
NEW YORK (AP) — The Dow Jones Industrial Average just closed above 40,000 for the first time, the latest pop in what's been a surprisingly good year for Wall Street. But just like New Year's represents an arbitrary point in time in the Earth's revolution around the sun, such...
NOT REAL NEWS: A look at what didn't happen this week
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. ___ Replacement of Milwaukee election...
UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024
UNITED NATIONS (AP) — The United Nations reported improved prospects for the world economy since its January forecast on Thursday, pointing to a better outlook in the United States and several large emerging economies including Brazil, India and Russia. According to its mid-2024...
Adecoagro: Q1 Earnings Snapshot
LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Thursday reported first-quarter profit of $47.4 million. On a per-share basis, the Luxembourg-based company said it had profit of 45 cents. Earnings, adjusted for non-recurring gains, were 22 cents per share. ...
