Latest Prices News

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...

President orders army onto streets of Ecuadorian capital

Oct. 13, 2019 12:07 AM EDT

QUITO, Ecuador (AP) — Ecuador's army took to the streets after President Lenín Moreno ordered the first 24-hour curfew in decades in response to a day of attacks on government buildings and media offices. By Saturday night, soldiers had retaken control of the park and streets leading to the National...

Stocks rise on trade progress, S&P 500 notches weekly gain

Oct. 11, 2019 5:20 PM EDT

The S&P 500 finished with its first weekly gain in four weeks Friday as investors welcomed a thaw in the punishing trade war between the U.S. and China. After two days of negotiations in Washington, the U.S. agreed to suspend a planned hike in tariffs on $250 billion of Chinese goods that had been set to kick...

Global stocks higher on US-China trade optimism

Oct. 11, 2019 7:43 AM EDT

BEIJING (AP) — Global stocks rose sharply Friday on optimism about U.S.-Chinese talks on ending a tariff war, while oil prices gained as much as 2% after a rocket attack on an Iranian tanker. Benchmarks in Frankfurt, Paris, London, Shanghai and Tokyo all advanced and Wall Street was set to open sharply...