Latest Prices News

Tech, health care stocks lead Wall Street indexes higher

Oct. 19, 2021 16:49 PM EDT

Health care and technology companies led a broad rally for stocks on Wall Street Tuesday as investors welcomed another batch of encouraging company earnings reports. The S&P 500 rose 0.7%, driving the benchmark index to its fifth straight gain. The Dow Jones...

P&G raising prices to offset higher commodity, freight costs

Oct. 19, 2021 15:12 PM EDT

NEW YORK (AP) — Proctor & Gamble is raising prices on a range of goods as higher commodity and freight costs are set to take a bite out of its profits. The maker of Pampers diapers, Tide detergent and Crest toothpaste said Tuesday it has been raising prices on...

Energy crunch hits global recovery as winter approaches

Oct. 19, 2021 11:06 AM EDT

Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can't find fertilizer, made using natural gas. And fears are rising that Europe will have to ration...

IMF sees economic growth with higher inflation for Mideast

Oct. 19, 2021 09:52 AM EDT

DUBAI, United Arab Emirates (AP) — The Middle East is expected to see significant economic growth this year, but also soaring inflation and food prices, as coronavirus vaccines are unevenly rolled out across the region, the International Monetary Fund said Tuesday. The...

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.