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...
14:04 19 February 2022

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...
10:36 19 February 2022

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.
16:06 13 February 2022

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.
13:37 13 February 2022

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...
21:27 11 February 2022

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...
10:07 15 January 2022

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...
18:24 9 January 2022

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...
5:36 9 January 2022

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...
9:03 8 January 2022

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...
11:07 7 January 2022

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.
8:56 7 January 2022

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.
4:47 7 January 2022

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 ...
19:50 6 January 2022

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.
12:45 3 January 2022

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...
22:02 5 December 2021

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 ...
21:02 5 December 2021

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...
16:55 3 December 2021

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...
18:53 29 November 2021

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.
15:30 21 November 2021

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...
3:44 18 November 2021

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...
18:58 16 November 2021

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.
13:43 13 November 2021

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 ...
22:00 5 November 2021

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...
17:20 4 November 2021

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....
16:35 1 November 2021

The Latest: Powell says Fed working on inflation policy

WASHINGTON — The Latest on the Federal Reserve's monetary policy meeting (all times local):
19:07 30 October 2021

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...
1:33 26 October 2021