Latest Prices News

President of European Central Bank Christine Lagarde smiles prior to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Jan. 23, 2020. (AP Photo/Michael Probst)

European Central Bank holds rates, launches policy review

Jan. 23, 2020 8:48 AM EST

FRANKFURT, Germany (AP) — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy for 342 million people in the 19 countries that use the euro currency. The bank’s 25-member governing council on Thursday gave the green light for the review proposed by new...

This Jan. 9, 2020, photo shows a sold sign is posted on a real estate sign outside a home in Derry, N.H. On Wednesday, Jan. 22, the National Association of Realtors reports on sales of existing homes in December. (AP Photo/Charles Krupa)

US home sales soared 3.6% in December

Jan. 22, 2020 11:30 AM EST

WASHINGTON (AP) — U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening. The National Association of Realtors said Wednesday that sales of existing homes rose last month to a seasonally adjusted annual rate of...

This undated photo provided by Kia shows the 2020 Kia Telluride. In recent months, in-demand vehicles such as the Kia Telluride and the Toyota RAV4 Hybrid have been selling for a few thousand above MSRP. It's a textbook case of supply and demand in which there are more customers than cars. (Kia Motors America via AP)

Edmunds: How to buy a high-demand car in a seller's market

Jan. 22, 2020 6:00 AM EST

Nearly every time a hotly anticipated new or redesigned vehicle first hits dealer lots, a number of enterprising dealerships will take the opportunity to make some additional profit. The good news for consumers is that there are ways around these markups. Recent examples include the Dodge Demon and the Ford...

Signs point up for small manufacturers, home remodelers

Jan. 20, 2020 12:15 PM EST

NEW YORK (AP) — Recent economic indicators point to an easier time ahead for small manufacturers and companies in the home remodeling industry. A decline in the home repair and remodeling market that began in the first quarter of 2019 is projected to end with the third quarter of this year, according to...

FILE - In this Oct. 13, 2019, file photo a farmer harvests soybeans in a field near Concordia, Mo. On Wednesday, Jan. 15, 2020, the Labor Department releases the Producer Price Index for December. (AP Photo/Charlie Riedel, File)

US wholesale prices up slight 0.1% in December

Jan. 15, 2020 8:44 AM EST

WASHINGTON (AP) — U.S. wholesale prices rose a slight 0.1% in December as a jump in the cost of energy was offset by falling food prices. The Labor Department said Wednesday the December increase in its producer price index, which measures inflation pressures before they reach the consumer, followed no...

US wholesale prices up slight 0.1% in December as energy increase offset by food drop

Jan. 15, 2020 8:32 AM EST
WASHINGTON (AP) — US wholesale prices up slight 0.1% in December as energy increase offset by food drop.
Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)

UK inflation at lowest since late 2016, stokes rate cut talk

Jan. 15, 2020 6:23 AM EST

LONDON (AP) — Inflation in Britain has fallen to its lowest level since November 2016, official figures showed Wednesday, heightening expectations that the Bank of England will cut interest rates this month. The Office for National Statistics said consumer prices rose by 1.3% in the year to December, down...

FILE - In this Sept. 17, 2019, file  photo, a sign outside a gas station displays current prices for fuel in Orlando, Fla. The Labor Department said Tuesday, Jan. 14, 2020, that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. (AP Photo/John Raoux, File)

Rising energy costs lift US consumer prices 0.2% in December

Jan. 14, 2020 1:29 PM EST

WASHINGTON (AP) — Rising energy costs drove U.S. consumer prices higher in December, and American workers’ earnings couldn’t keep up. The Labor Department said Tuesday that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. Over the past year,...

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Jan. 14, 2020. Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy.(AP Photo/Eugene Hoshiko)

Global shares slip ahead of US-China 'Phase 1' trade deal

Jan. 14, 2020 7:11 AM EST

TOKYO (AP) — Global stocks mostly edged lower on Tuesday as investors looked to the signing of a trade deal between the U.S. and China as well as upcoming corporate earnings reports. France's CAC 40 was down 0.3% at 6,015, while Germany's DAX shed 0.2% to 13,429. while. Britain's FTSE 100 dropped 0.2% as...

FILE - In this Jan. 3, 2020, file photo the New York Stock Exchange is framed by the columns at Federal Hall National Memorial in New York. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 10. (AP Photo/Mary Altaffer, File)

US stocks pull back from records following jobs report

Jan. 10, 2020 4:31 PM EST

NEW YORK (AP) — U.S. stocks fell from their record heights on Friday after a report showed hiring was a touch weaker than expected last month. Employers added 145,000 jobs across the country in December, short of the 160,000 that economists forecast. But the growth was solid enough to bolster Wall...