Latest Inflation News

Stock market today: World shares are mixed after Wall Street's mixed finish, as dollar surges

Nov. 14, 2024 05:16 AM EST

BANGKOK (AP) — Shares rose in European trading after a retreat in Asia on Thursday following a report showing inflation in the U.S. was roughly as expected last month. Germany's DAX surged 1.2% to 19,223.90 and the CAC 40 in Paris advanced 0.8% to 7,274.79. Britain's FTSE 100...

Stock market today: Wall Street drifts to a mixed finish after an inflation update

Nov. 13, 2024 17:03 PM EST

NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month through a cut to interest rates. The S&P 500 was nearly unchanged and edged up by less than 0.1%, coming off...

Adecoagro: Q3 Earnings Snapshot

Nov. 13, 2024 16:58 PM EST

LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Wednesday reported third-quarter earnings of $19.1 million. On a per-share basis, the Luxembourg-based company said it had net income of 19 cents. Earnings, adjusted for one-time gains and costs, came to 28 cents per...

How major US stock indexes fared Wednesday, 11/13/2024

Nov. 13, 2024 16:23 PM EST

U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 ended little changed Wednesday. The Dow Jones Industrial Average edged up 0.1%, and the...

Amazon launches an online discount storefront to better compete with Shein and Temu

Nov. 13, 2024 14:13 PM EST

Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20, an effort to compete with discount retailers that have increasingly encroached on the e-commerce giant's turf. In a blog post on Wednesday, the company said the...

US inflation rose slightly last month after 2 years of steady cooling but remained low

Nov. 13, 2024 11:50 AM EST

WASHINGTON (AP) — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021. Consumer prices rose 2.6% from a year...

US inflation rose slightly last month after 2 years of steady cooling but remained low

Nov. 13, 2024 08:39 AM EST
WASHINGTON (AP) — US inflation rose slightly last month after 2 years of steady cooling but remained low.

Trump's economic agenda for his second term is clouding the outlook for mortgage rates

Nov. 13, 2024 03:01 AM EST

LOS ANGELES (AP) — Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House. The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking...

Argentina's monthly inflation drops to 2.7%, the lowest level in 3 years

Nov. 12, 2024 20:54 PM EST

BUENOS AIRES, Argentina (AP) — Argentina's inflation slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei who came to power almost a year ago promising to pull Argentina out of a dire economic crisis. ...

Stock market today: Wall Street drifts lower as the Trump trade cools

Nov. 12, 2024 17:08 PM EST

NEW YORK (AP) — U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% a day after setting its latest all-time high. The Dow Jones Industrial Average...