US inflation ticked up last month but price pressures remain far below their peak

WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and auto insurance, inflation in the United States moved slightly higher last month while remaining far below its peak of two years ago. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of...

US inflation rose slightly last month but remained low

Stock market today: Trading muted on Wall Street ahead of key US inflation report

Trading on Wall Street was muted early Wednesday ahead of the latest update on inflation coming out before markets open. Futures for the S&P 500 edged less than 0.1% higher before the bell, while futures for the Dow were off less than 0.1%. Wednesday’s update on...

India's new central bank governor takes over as economic growth slows and inflation rises

NEW DELHI (AP) — India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India, succeeding Shaktikanta Das, who...

Stock market today: Wall Street slips to a rare back-to-back loss

NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high. They’re the first...

Biden says he was 'stupid' not to put his name on pandemic relief checks like Trump did

WASHINGTON (AP) — President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple, effective act of branding. Biden did the...

Trudeau says Americans are realizing Trump's tariffs on Canada would make life a lot more expensive

TORONTO (AP) — Canadian Prime Minister Justin Trudeau said Monday that Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive" and said he will retaliate if Donald Trump goes ahead with them. Trump...

Argentina’s Milei marks one year in office. Here's how his shock measures are reshaping the economy

BUENOS AIRES, Argentina (AP) — When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases on an almost daily basis. Middle-class families tried to spend their rapidly depreciating pesos as quickly as they got them, and economists...

Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions

WASHINGTON (AP) — Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. ...

Stock market today: Wall Street hits more records following a just-right jobs report

NEW YORK (AP) — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on...