Latest Prices News

AP FACT CHECK: Trump, Dems and their tale of 2 countries

Sep. 14, 2019 10:42 AM EDT

WASHINGTON (AP) — The country described by the Democrats running for president is mired in child poverty, riven with economic unfairness and broken in its approach to health care, crime and guns. The country presented by President Donald Trump is roaring and ascendant — and, hey, how about those...

China pork prices soar as herds hit by fever, farm closures

Sep. 13, 2019 4:46 AM EDT

BEIJING (AP) — Chinese families are having to rethink menu options as pork prices soar despite government efforts to rebuild herds decimated by African swine fever and large-scale closures of pig farms for environmental reasons. Liu Min, a 61-year-old retired cleaning lady, went ahead and bought a small...

US consumer prices up slight 0.1% in August but core higher

Sep. 12, 2019 12:19 PM EDT

WASHINGTON (AP) — Overall consumer prices slowed in August, reflecting a big drop in the cost of gasoline and other energy products. But core inflation, which excludes energy and food, was rising at its fastest pace in a year. Economists said this increase in long-dormant inflation should not deter the...

OPEC, allies weigh further oil production cut in December

Sep. 12, 2019 9:16 AM EDT

ABU DHABI, United Arab Emirates (AP) — OPEC and its non-cartel allies on Thursday discussed further cuts to oil production and the possibility of Iran re-entering the global market but said that any decision would have to wait for a meeting in December. Global oil prices fell on the news as forecasts...

US consumer inflation slows to tiny 0.1% gain in August, reflecting falling energy prices

Sep. 12, 2019 8:34 AM EDT
WASHINGTON (AP) — US consumer inflation slows to tiny 0.1% gain in August, reflecting falling energy prices.

Europe eyes stimulus plan, but ultra-low rates raise doubts

Sep. 11, 2019 2:15 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank appears to be preparing a new shot of stimulus to try to energize the economy. But the move is sure to renew a nagging question: Can central banks do much good when rates are already ultra-low? Analysts say the bank is likely to cut a key interest rate...

US wholesale prices up tiny 0.1% in August

Sep. 11, 2019 8:59 AM EDT

WASHINGTON (AP) — U.S. wholesale prices edged up a slight 0.1% in August as energy prices took a big plunge, a further sign that inflation is remaining tame. The Labor Department said Wednesday that the gain in its producer price index, which measures inflation pressures before they reach the consumer,...

US wholesale prices edge up slight 0.1% in August as energy prices fall sharply

Sep. 11, 2019 8:33 AM EDT
WASHINGTON (AP) — US wholesale prices edge up slight 0.1% in August as energy prices fall sharply.

Asian shares mostly higher after rise on Wall Street

Sep. 11, 2019 12:28 AM EDT

TOKYO (AP) — Asian shares were mostly higher Wednesday, cheered by a rise on Wall Street amid some signs of easing tensions between the U.S. and China on trade issues. Japan's benchmark Nikkei 225 rose 0.6% to 21,514.14 in morning trading. Australia's S&P/ASX 200 inched up 0.1% to 6,622.60. South...

AP FACT CHECK: Trump overstates his influence on drug prices

Sep. 10, 2019 6:11 PM EDT

WASHINGTON (AP) — President Donald Trump is off the mark in taking credit for a drop in drug prices that he calls unprecedented in half a century. TRUMP: "Our ambitious campaign to reduce the price of prescription drugs has produced the largest decline in drug prices in more than 51 years." —...