Latest Prices News

Argentina to freeze prices of goods in bid to tame inflation

Apr. 17, 2019 5:10 PM EDT

BUENOS AIRES, Argentina (AP) — Argentina's government is freezing the prices of 60 essential products and some services in a bid to tame spiraling inflation. President Mauricio Macri announced Wednesday that the goods affected include flour, oil, rice and personal hygiene items. He also said prices for...

UK inflation holds steady in March amid Brexit uncertainty

Apr. 17, 2019 7:47 AM EDT

LONDON (AP) — Official figures show that inflation in Britain unexpectedly held steady in March, with economists suggesting that Brexit uncertainty prompted retailers to keep prices lower than would otherwise have been the case. The Office for National Statistics said Wednesday that consumer prices were up...

Brazil announces financial package to avoid truckers' strike

Apr. 16, 2019 5:03 PM EDT

RIO DE JANEIRO (AP) — The government of Brazilian President Jair Bolsonaro announced Tuesday a financial package aimed at staving off a potential truckers' strike. Brazilian Development Bank will be providing $128 million in credit to truckers and the Ministry of Infrastructure will spend $514 million on...

World stocks rise on hopes for growth; focus on earnings

Apr. 16, 2019 6:49 AM EDT

TOKYO (AP) — World stock markets advanced Tuesday on upbeat economic data for China and Germany and as investors keep an eye on U.S. corporate earnings reports, which have been mixed so far. Germany's DAX rose 0.6% to 12,097 after a measure of investor confidence, the ZEW index, rose for a sixth month. The...

Kansas tells court broad support is reason to OK schools law

Apr. 15, 2019 8:22 PM EDT

TOPEKA, Kan. (AP) — Lawyers for Kansas told the state Supreme Court on Monday that it should sign off on a new law boosting spending on public schools and end a protracted education funding lawsuit partly because the law has broad, bipartisan support. Attorney General Derek Schmidt, a Republican, filed...

US wholesale prices rise 0.6% in March, lifted by gas costs

Apr. 11, 2019 9:06 AM EDT

WASHINGTON (AP) — U.S. wholesale prices increased in March by the most since last fall, driven largely by more expensive gas and electricity. The Labor Department said Thursday that the producer price index , which measures price changes before they reach consumers, rose 0.6% in March after falling in...

US wholesale prices rose 0.6% in March, biggest gain in 5 months, led higher by gas costs

Apr. 11, 2019 8:33 AM EDT
WASHINGTON (AP) — US wholesale prices rose 0.6% in March, biggest gain in 5 months, led higher by gas costs.

World markets mixed on growth, Brexit doubts

Apr. 11, 2019 7:39 AM EDT

SINGAPORE (AP) — World stocks turned slightly higher on Thursday after Britain secured a new deadline for its exit from the European Union, removing the immediate threat of a crash this week that would have disrupted trade. Markets recovered in Europe after losses in Asia, with France's CAC 40 up 0.8% to...

Asian shares fall as Fed minutes show data may tweak stance

Apr. 10, 2019 11:42 PM EDT

SINGAPORE (AP) — Asian markets retreated Thursday on news that most U.S. Federal Reserve officials believed the central bank would leave interest rates unchanged for the rest of the year. But several said their views could shift with incoming data. Japan's benchmark Nikkei 225 shed 0.3% to 21,627.87 and...

Most Fed officials see rates staying on hold for all of 2019

Apr. 10, 2019 4:58 PM EDT

WASHINGTON (AP) — A majority of Federal Reserve officials last month believed that economic conditions would likely warrant keeping the Fed's benchmark policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to minutes...