Latest Prices News

The art of the boast: Trump's a master

Oct. 19, 2019 1:32 AM EDT

WASHINGTON (AP) — It's never just a deal. President Donald Trump's penchant for overselling his accomplishments has been on vivid display in recent days as he hailed his Syria cease-fire as a boon for civilization and claimed his trade agreement with China was the biggest ever. The economy is the...

China's economic slowdown deepens, weighing on global growth

Oct. 18, 2019 11:05 AM EDT

BEIJING (AP) — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy. Growth in the world's second-largest economy slipped to 6% in the three months ending in September, down from the previous...

Pelosi moves on drug prices despite falling-out with Trump

Oct. 17, 2019 8:11 PM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi is plowing ahead with her bill to allow Medicare to negotiate prescription drug prices despite a breakdown in relations with her chief bargaining partner on the issue — President Donald Trump. The nonpartisan Congressional Budget Office has estimated the...

Cuba to let citizens buy imports with foreign currencies

Oct. 16, 2019 5:12 PM EDT

HAVANA (AP) — The Cuban government says it will allow citizens to use 10 foreign currencies to buy products like televisions and air conditioners at state stores in an attempt to compete with a multi-billion-dollar informal market in imported goods. The communist state has a monopoly on most forms of...

Embattled Argentine farmers eye presidential vote with fear

Oct. 16, 2019 8:50 AM EDT

PERGAMINO, Argentina (AP) — Juan Rossi walks between rows of green wheat at his farm in one of Argentina's most fertile agricultural regions, worrying about the future of the farming sector that is the main economic engine of this country. When he planted the wheat, he expected conservative Mauricio Macri...

Eurozone inflation revised down to near 3-year lows

Oct. 16, 2019 6:48 AM EDT

BRUSSELS (AP) — Inflation in the 19-country eurozone was revised down in September to its lowest rate in nearly three years as energy prices fell by more than initially thought, official figures showed Wednesday. In an update, statistics agency Eurostat found that consumer prices rose by an annual rate of...

UK inflation unexpectedly holds steady at 1.7% in September

Oct. 16, 2019 5:26 AM EDT

LONDON (AP) — Official figures show that falling fuel and secondhand car prices helped keep consumer price inflation in Britain unchanged in September at 1.7%, its lowest rate since late 2016. The flat reading from the Office for National Statistics was unexpected — most economists predicted a...

After ending protests, Ecuador faces dire economic outlook

Oct. 15, 2019 6:17 PM EDT

QUITO, Ecuador (AP) — President Lenín Moreno survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64 billion public...

Homebuyer activity strong in Reno-Sparks; supply shrinking

Oct. 15, 2019 1:30 PM EDT

RENO, Nev. (AP) — Homebuyer activity remains strong in the Reno-Sparks area, but new listings are down and the active inventory of housing units also is shrinking. The Reno Gazette Journal reports the median price for an existing single-family home in Reno-Sparks continued to hover close to the $400,000...

Ecuador indigenous, president strike deal to end protests

Oct. 13, 2019 11:14 PM EDT

QUITO, Ecuador (AP) — President Lenín Moreno and leaders of Ecuador's indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead.  Under the agreement announced just before 10...