Latest Prices News

Asian markets mixed after modest gains on Wall St

Jul. 23, 2021 00:00 AM EDT

BANGKOK (AP) — Asian markets were mixed on Friday after major indexes edged higher on Wall Street, preserving their gains for the week. Hong Kong and Shanghai fell while Sydney and Seoul advanced. Tokyo was closed for a holiday. Surges in...

University of California regents approve rare tuition hike

Jul. 22, 2021 18:07 PM EDT

SAN FRANCISCO (AP) — Despite opposition from student groups, University of California regents on Thursday approved a multiyear plan to raise tuition and fees at one of the nation's premier public university systems. The systemwide tuition increase will put...

Prices for Maine homes jumped again last month

Jul. 22, 2021 13:14 PM EDT

PORTLAND, Maine (AP) — The pace and price of home sales in Maine increased again last month as the state's housing market stayed hot. The Maine Association of Realtors said Thursday the statewide median sales price increased by $5,000 to $310,000 in June. The number of...

Existing US home sales up in June; prices reach new heights

Jul. 22, 2021 11:11 AM EDT

Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end properties and ultra-low mortgage rates helped push prices to new highs. Existing homes sales rose 1.4% last month from May to a...

ECB says low rates to stay until the job is done

Jul. 22, 2021 08:57 AM EDT

FRANKFURT, Germany (AP) — Facing unease over the spread of a more-contagious variant of the coronavirus, the European Central Bank said it would maintain its stimulus in the form of ultra-low interest rates until inflation “durably” reaches its 2% target. The...

ECB says ultra-low rate benchmarks to remain in force until inflation "durably" reaches 2% target

Jul. 22, 2021 08:13 AM EDT
FRANKFURT, Germany (AP) — ECB says ultra-low rate benchmarks to remain in force until inflation "durably" reaches 2% target.

Stocks climb on Wall St gains as company earnings roll in

Jul. 22, 2021 00:00 AM EDT

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney advanced....

UK government ups pay rise for health staff in England to 3%

Jul. 21, 2021 16:17 PM EDT

LONDON (AP) — The British government has tripled its pay increase offer for more than a million National Health Service employees in England, but unions said the proposed boost was insufficient given an anticipated spike in inflation. In a statement Wednesday, the...

A small victory: Used-car prices slip from dizzy heights

Jul. 21, 2021 13:10 PM EDT

DEARBORN, Mich. (AP) — For months, anyone who wandered onto a dealer lot to look for a used car could be forgiven for doing a double take — and then wandering right off the lot. Prices had rocketed more than 40% from their levels just before the viral pandemic struck,...

Record-high electricity bills draw criticism to Spain's govt

Jul. 21, 2021 09:57 AM EDT

MADRID (AP) — Spanish consumers are fretting over record-high power prices just as high summer temperatures are keeping air conditioning and cooling systems operating at full capacity. The government says that the latest hikes in electricity bills are driven by...