TOKYO (AP) — Asian shares were mixed Tuesday, cheered by the imminent passage of the U.S. stimulus package, although that optimism was tempered by worries about inflation and the coronavirus...
WASHINGTON (AP) — Treasury Secretary Janet Yellen says fears that the administration's $1.9 trillion relief bill could trigger a rapid rise in inflation are misplaced.
Asian shares slipped Friday after surging U.S. bond yields renewed pressure on high-flying technology companies.
Tokyo’s Nikkei 225 index dropped as much as 2% and shares fell in most other...
NEW YORK (AP) — Interest rates keep marching higher, and Wall Street keeps shaking because of it.
The yield on the 10-year Treasury climbed back above 1.50% Thursday, prodded higher by...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that inflation will pick up in the coming months but that it would likely prove temporary and not enough for the Fed to...
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest...
NEW YORK (AP) — Yes, it’s possible to have too much of a good thing, and that’s exactly why stock markets around the world are getting so unsettled.
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the...
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the central bank will not start raising interest rates until it believes its goals on maximum employment...
BANGKOK (AP) — Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest...
FENTON TOWNSHIP, Mich. (AP) — The viral pandemic has triggered a cascade of price hikes throughout America's auto industry — a surge that has made both new and used vehicles unaffordable for...
TOKYO (AP) — Asian shares were mixed on Monday as hopes for a recovery from the coronavirus pandemic with the global rollout of vaccines were countered by worries about inflation and continuing...
U.S. stock indexes ended a choppy day of trading little changed Friday, though the S&P 500 finished with its first weekly loss in three weeks.
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains.
WASHINGTON (AP) — U.S. wholesale prices surged by a record 1.3% in January, led by big gains in health care and energy prices.
The bigger-than-expected increase in the producer price index,...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it stood before the pandemic, while...
WASHINGTON (AP) — U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have...
BOISE, Idaho (AP) — Legislation to allow the Idaho treasurer to invest in gold and silver that must be physically stored in Idaho headed to the full House on Tuesday.
DAMASCUS, Syria (AP) — A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis....
WASHINGTON (AP) — U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June.
The Labor Department reported Friday that the gain in its producer price...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such...
WASHINGTON (AP) — U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices.
Last month's increase, the largest in four months, followed a 0.2% rise in November and...
WASHINGTON (AP) — Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were making a mistake in raising a key interest rate for the first...
WASHINGTON (AP) — U.S. wholesale prices edged up just 0.1% in November with the economic disruption from the pandemic continuing to suppress demand and keeping inflation at extremely low...
WASHINGTON (AP) — U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs.
WASHINGTON (AP) — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
The Labor Department reported Friday that its producer price...
WASHINGTON (AP) — U.S. consumer prices were unchanged in October, the lowest reading in five months, suggesting that a price spike over the summer is beginning to fade as coronavirus cases...
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Saturday dismissed the head of the country’s central bank following a period of high inflation and record lows for the...
CAIRO (AP) — Tribal clashes erupted on Wednesday in eastern Sudan over the prime minister’s decision to sack a provincial governor, killing at least six people, a medical group said.
WASHINGTON (AP) — U.S. wholesale prices jumped 0.4% in September as food costs rose by the largest amount since May.
The Labor Department said Wednesday that the September increase in its...
WASHINGTON (AP) — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2%...
BEIJING (AP) — More offices and stores in Beijing and other parts of China finally reopened Monday after the Lunar New Year break was extended to discourage travel and contain the new coronavirus,...
FRANKFURT, Germany (AP) — The 19-country eurozone economy grew at a subdued pace in the third quarter, continuing a shaky upswing amid trade disputes and uncertainty over Brexit.
CARACAS, Venezuela (AP) — Motorists in socialist Venezuela have long enjoyed the world's cheapest gasoline, with fuel so heavily subsidized that a full tank these days costs a tiny fraction of a...
CARACAS, Venezuela (AP) — Motorists in socialist Venezuela have long enjoyed the world's cheapest gasoline, with fuel so heavily subsidized that a full tank these days costs a tiny fraction of a...
WASHINGTON (AP) — House Speaker Nancy Pelosi, trying to seize the agenda on a top consumer issue, announced an ambitious prescription drug plan Thursday that would allow Medicare to negotiate...