Latest Consumer prices News

Asian shares rise as Wall Street tech gain boosts optimism

Oct. 14, 2021 00:08 AM EDT

TOKYO (AP) — Asian shares were mostly higher on Thursday, tracking an overnight rally on Wall Street as investors sought out bargains, including technology stocks. Benchmarks rose in Tokyo, Seoul and Sydney in morning trading. Markets in Hong Kong were closed for a...

From cars to gasoline, surging prices match a 13-year high

Oct. 13, 2021 19:28 PM EDT

WASHINGTON (AP) — Another jump in consumer prices in September sent inflation up 5.4% from where it was a year ago, matching the largest increase since 2008 as tangled global supply lines continue to create havoc. U.S. consumer prices rose 0.4% in September from August...

Stocks give up an early gain and end lower on Wall Street

Oct. 11, 2021 16:42 PM EDT

Stocks closed broadly lower after a day of choppy trading on Wall Street Monday as investors prepare for a busy week of corporate earnings and inflation updates. The major indexes made early gains, but slowly fizzled as the day progressed. The S&P 500 fell 30.15...

This Week: Consumer prices, UnitedHealth earns, retail sales

Oct. 11, 2021 01:13 AM EDT

A look at some of the key business events and economic indicators upcoming this week: EYE ON INFLATION The Labor Department serves up its September reading of inflation at the consumer level Wednesday. Americans continue to face...

UK posts the biggest jump in annual inflation on record

Sep. 15, 2021 06:19 AM EDT

LONDON (AP) — Consumer prices in the U.K. rose at their fastest recorded rate during August as global supply shortages and higher wages accentuated the uptick from pandemic-related discounts a year ago, official figures showed Wednesday. The Office for National...

Asian stocks follow Wall St lower amid growth concerns

Sep. 15, 2021 00:28 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street down on Wednesday after U.S. inflation was lower than expected amid unease about the impact of the spread of the coronavirus's delta variant. Shanghai, Tokyo, Hong Kong and Sydney all retreated, giving up the...

US consumer prices rise 0.3% in August, lowest in 7 months

Sep. 14, 2021 09:56 AM EDT

WASHINGTON (AP) — U.S. consumer prices rose a lower-than-expected 0.3% last month, the smallest increase in seven months and a hopeful sign that a recent jump in inflation may be cooling. The August gain was weaker than the 0.5% increase in July and a 0.9% surge in...

Consumer prices, industrial production, retail sales

Sep. 13, 2021 01:18 AM EDT

A look at some of the key business events and economic indicators upcoming this week: EYE ON INFLATION The Labor Department serves up its August reading of inflation at the consumer level Tuesday. Americans continue to face higher...

White House competition council seeks lower consumer prices

Sep. 10, 2021 15:13 PM EDT

A new White House council on U.S. economic conditions held its first meeting Friday, with participants highlighting at least 18 actions taken to help consumers and potentially lower prices. The council, an outgrowth of a July executive order by President Joe Biden, is...

July US consumer spending ekes up 0.3% as delta threatens

Aug. 27, 2021 14:12 PM EDT

WASHINGTON (AP) — Growth in U.S. consumer spending slowed in July to a modest increase of 0.3% as infections from the delta variant spread, while inflation over the past 12 months hit its fastest pace in three decades. Last month's spending was not even a third of the...