US wholesale prices up 0.5% in January, most since late 2018
WASHINGTON (AP) — U.S. producer prices climbed last month at fastest pace since October 2018 as higher prices for servic...
UK inflation jumps higher, reducing likelihood of rate cut
LONDON (AP) — Consumer price inflation in Britain jumped higher in January, official figures showed Wednesday, undermini...
Buyers face more competition amid shortage of home listings
LOS ANGELES — Americans shopping for a home this spring may face more competition than they have in years.
US consumer prices up 0.1% in January; gasoline prices fall
WASHINGTON — U.S. consumer prices rose modestly last month, weighed down by falling gasoline prices.
Price worries remain after judge OKs T-Mobile’s Sprint deal
NEW YORK — A federal judge has cleared a major path for T-Mobile to buy Sprint for $26.5 billion, citing T-Mobile's track record in promoting competit...
UK inflation at lowest since late 2016, stokes rate cut talk
LONDON — Inflation in Britain has fallen to its lowest level since late 2016, official figures showed Wednesday, in a development that is likely to he...
Fed should focus on fighting low inflation, official says
WASHINGTON — A top Federal Reserve official believes that the U.S. central bank needs to re-orient its thinking and policies toward fighting inflation...
Soaring pork prices keep China’s inflation at 7-year high
BEIJING — Soaring pork prices that nearly doubled in December over a year ago kept inflation at a seven-year high despite government efforts to ease m...
Oil up, stocks down after Iran missile attack on US troops
BEIJING — Oil prices rose and global stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an...
Eurozone inflation hits 6-month high before oil price spike
LONDON — Inflation across the 19-country eurozone spiked to a six-month high in December even before the recent jump in oil prices in the wake of esca...
Shares rebound, oil prices retreat despite US-Iran woes
BANGKOK — Global stocks rebounded Tuesday following modest gains on Wall Street, despite caution over rising tensions between the U.S. and Iran.
Gold, oil prices retreat, shares rebound in Asian trading
BANGKOK — Shares advanced in Asia Tuesday following modest gains on Wall Street despite caution over rising tensions between the U.S. and Iran.
Oil price keeps rising as industry eyes Iran-US conflict
PROVIDENCE, Rhode Island — The global benchmark for crude oil rose above $70 a barrel on Monday for the first time in over three months, with jitters ...
Oil prices surge, stocks slip after US kills Iran general
BEIJING — Oil prices surged and most major global stock markets declined Friday after an Iranian general was killed by U.S. forces in Iraq.
Pelosi sets Medicare showdown on drug costs and new benefits
WASHINGTON — The House will hold a showdown vote next week on Speaker Nancy Pelosi's bill empowering Medicare to negotiate drug prices, expanded Thurs...
US report: Prescription drug prices down slightly last year
WASHINGTON — Prices for prescription drugs edged down by 1% last year, a rare result driven by declines for generics and slow, low growth in the cost ...
France to retaliate if US doubles Champagne, cheese prices
PARIS — France is bristling at a U.S. threat to slap 100% tariffs on French cheeses, Champagne and other products, with the French leader telling Pres...
US stocks close out half-day session with broad losses
Stocks fell broadly on Wall Street Friday following a shortened trading session a day after the Thanksgiving holiday that left the market slightly bel...
US home sales rose 1.9% last month, lifted by lower rates
WASHINGTON — Americans purchased more homes in October, though sales were held back by a shortage of available properties.
Iran’s top leader warns ‘thugs’ as protests reach 100 cities
DUBAI, United Arab Emirates — Iran’s supreme leader on Sunday cautiously backed the government’s decision to raise gasoline prices by 50% after days o...
Protests grip major Iran cities over gas prices; 1 killed
DUBAI, United Arab Emirates — Protesters angered by Iran raising government-set gasoline prices by 50% blocked traffic in major cities and occasionall...
US consumer prices up 0.4% in October; gasoline prices surge
WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.
White House and Pelosi part ways on relief for drug prices
WASHINGTON — The White House on Tuesday signaled President Donald Trump's blunt thumbs-down to House Speaker Nancy Pelosi's plan allowing Medicare to ...
Why Trump tariffs haven’t revitalized American steelmakers
WASHINGTON — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threate...
Stocks head for record high following solid jobs report
NEW YORK — A government report revealing surprisingly solid job growth in October put investors in a buying mood Friday and drove broad gains for U.S....
The Latest: Powell says Fed working on inflation policy
WASHINGTON — The Latest on the Federal Reserve's monetary policy meeting (all times local):
Venezuelans buy gas with cigarettes to battle inflation
CARACAS, Venezuela — Motorists in socialist Venezuela have long enjoyed the world's cheapest gasoline, with fuel so heavily subsidized that a full tan...