Latest Prices News

Asian stocks higher as investors watch corporate earnings

Oct. 19, 2021 00:08 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher as investors waited Tuesday for U.S. corporate results to see how companies are coping with supply disruptions and the past quarter's surge in coronavirus infections. Shanghai, Tokyo, Hong Kong and Sydney...

Asian shares slide as Chinese growth data disappoints

Oct. 18, 2021 00:27 AM EDT

Asian shares were mostly lower on Monday after China reported its economy grew at a meager 4.9% annual pace in July-September. The Shanghai Composite index lost 0.4% to 3,559.96 while the Hang Seng in Hong Kong declined 0.4% to 25,246.38. Chinese...

Stocks end higher, giving S&P 500 its best week since July

Oct. 15, 2021 16:46 PM EDT

Wall Street added to its recent gains Friday as stocks closed higher, driving the S&P 500 to its best week since July. The S&P 500 rose 0.7% for its third straight gain and ended the week 1.8% higher. The Dow Jones Industrial Average rose 1.1% and the Nasdaq...

Retail sales climb despite rising prices, supply issues

Oct. 15, 2021 16:04 PM EDT

NEW YORK (AP) — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods. Retail sales rose a seasonally adjusted 0.7% in September from...

Dutch government to lower energy taxes amid surge in prices

Oct. 15, 2021 10:52 AM EDT

THE HAGUE, Netherlands (AP) — The Dutch government is planning a multibillion euro package to help households cope with soaring energy bills, a minister said Friday. The Netherlands is the latest European nation to seek to deal with the effects of surging prices for electricity and gas. ...

Retail sales rise 0.7% in September despite higher prices and supply chain snarls that have slowed the flow of goods

Oct. 15, 2021 08:53 AM EDT
NEW YORK (AP) — Retail sales rise 0.7% in September despite higher prices and supply chain snarls that have slowed the flow of goods.

Asian shares rise after technology-powered rally on Wall St

Oct. 14, 2021 23:58 PM EDT

Asian shares were higher Friday after technology companies powered the biggest gain on Wall Street since March. All major regional indexes advanced, with Tokyo gaining 1.4%. Taiwan shares jumped 2.2% on news that computer chip maker TSMC upgraded...

US average mortgage rates jump; 30-year loan at 3.05%

Oct. 14, 2021 20:26 PM EDT

WASHINGTON (AP) — Average long-term mortgage rates jumped this week, with the benchmark 30-year loan again breaching 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage rose to 3.05% from 2.99% last week. That is its highest...

IMF warns economy recovery threatened by virus, inflation

Oct. 14, 2021 16:17 PM EDT

WASHINGTON (AP) — The International Monetary Fund is warning of rising threats to the global economic recovery posed by the ongoing coronavirus pandemic and an outbreak of inflation. The lending agency called Thursday for greater efforts from wealthy nations to boost...

US wholesale prices rose record 8.6% over 12 months

Oct. 14, 2021 10:10 AM EDT

WASHINGTON (AP) — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010. The Labor Department reported Thursday that the monthly increase in its producer price index,...