Latest Prices News

World shares mostly higher ahead of US price data

Jun. 24, 2021 04:54 AM EDT

BANGKOK (AP) — World shares were mostly higher Thursday as investors awaited new U.S. inflation data. Benchmarks rose in Paris, Frankfurt and Hong Kong but were flat in Tokyo and Shanghai. Fresh data on inflation will come on Friday with the...

Asian shares mostly higher after listless session on Wall St

Jun. 24, 2021 00:34 AM EDT

BANGKOK (AP) — Shares were mostly higher in Asia on Thursday after a listless day of trading on Wall Street as the recent bout of nerves over Federal Reserve policy fades. Markets advanced in Tokyo, Seoul and Hong Kong while Sydney and Shanghai declined. ...

Editorial Roundup: West Virginia

Jun. 23, 2021 13:40 PM EDT

Charleston Gazette-Mail. June 22, 2021. Editorial: Better answers needed on cancer risk There are many industrial sites in the rustbelt — especially in Appalachia — where the dark joke goes “You get cancer just driving by that place.” ...

Surprise 5.9% drop in new home sales; prices hit record high

Jun. 23, 2021 11:26 AM EDT

WASHINGTON (AP) — Sales of new homes fell unexpectedly in May and the 5.9% retreat was the second consecutive monthly decline even as the median price hit an all-time high. The May sales decline pushed sales to a seasonally adjusted annual rate of 769,000, the Commerce...

Czech central bank raises key rate to 0.5% to tame inflation

Jun. 23, 2021 09:10 AM EDT

PRAGUE (AP) — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as the economy recovers from the coronavirus pandemic. Several members of the bank’s board had earlier indicated that...

Inflation poses new challenge for pandemic-weary businesses

Jun. 23, 2021 08:29 AM EDT

NEW YORK (AP) — Small businesses that endured shutdowns and lower revenue during the COVID-19 outbreak now must contend with another crisis: spiking prices for goods and services that squeeze profits and force many owners to pass the increases along to customers. Mickey...

Asia stocks rise after Fed chair says US inflation temporary

Jun. 22, 2021 23:36 PM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus. Market benchmarks...

Some used vehicles now cost more than original sticker price

Jun. 22, 2021 15:59 PM EDT

DETROIT (AP) — When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it's used. Then they're selling...

Fed's Powell says high inflation temporary, will 'wane'

Jun. 22, 2021 15:57 PM EDT

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday responded to concerns from Republican lawmakers about spiking inflation by reiterating his view that current price increases will likely prove temporary. Consumer prices jumped 5% in May compared with a...

US existing home sales fall again as prices continue to soar

Jun. 22, 2021 10:32 AM EDT

WASHINGTON (AP) — Sales of previously-occupied homes fell for the fourth straight month in May as soaring prices and a limited number of available properties discouraged many would-be buyers. Existing home sales dropped 0.9% last month from April to a...