Prices

Yutaka Katada, president of Kokuka Sangyo Co., the Japanese company operating one of two oil tankers attacked near the Strait of Hormuz, shows a photo of the attacked oil tanker during a news conference Friday, June 14, 2019, in Tokyo. Iran rejects a U.S. accusation against Tehran over suspected attacks on two oil tankers near the strategic Strait of Hormuz. (AP Photo/Jae C. Hong)
June 15, 2019 - 2:45 am
SEOUL, South Korea (AP) — The blasts detonated far from the bustling megacities of Asia, but the attack this week on two tankers in the strategic Strait of Hormuz hits at the heart of the region's oil import-dependent economies. While the violence only directly jolted two countries in the region —...
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FILE- In this May 30, 2019, file photo, signs advertise new products available inside a CVS store with the new HealthHUB in Spring, Texas. On Wednesday, June 12, the Labor Department reports on U.S. consumer prices for May. (AP Photo/David J. Phillip, File)
June 12, 2019 - 7:47 am
WASHINGTON (AP) — U.S. consumer prices increased a slight 0.1% in May, as inflation was tempered by lower costs for gasoline, electricity and used cars. The Labor Department said Wednesday that the consumer price index rose 1.8% during the past year. Excluding the volatile food and energy...
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New York Attorney General Letitia James, center, speaks during a news conference, Tuesday, June 11, 2019, in New York. A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. (AP Photo/Mary Altaffer)
June 11, 2019 - 4:15 pm
NEW YORK (AP) — A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. The state attorneys general said the promised benefits, such as better networks in rural areas and faster service...
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Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications, Tuesday, June 4, 2019, in Chicago. (AP Photo/Kiichiro Sato)
June 04, 2019 - 5:59 pm
WASHINGTON (AP) — Chairman Jerome Powell said Tuesday that the Federal Reserve is prepared to respond if it decides the Trump administration's trade conflicts are threatening the U.S. economy. Investors read his remarks as a signal that the Fed will likely cut interest rates later this year. Powell...
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In this May 7, 2019, photo, the Reserve Bank of Australia building in Sydney. Australia’s central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1.25 percent in the first rate change in almost three years. (Bianca De Marchi/AAP Image via AP)
June 04, 2019 - 12:13 am
MELBOURNE, Australia (AP) — Australia's central back on cut its benchmark interest rate Tuesday by a quarter of a percentage point to a new record low of 1.25% in the first rate change in almost three years. The change was widely expected after Reserve Bank of Australia Governor Philip Lowe said...
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FILE - In this April 24, 2019, file photo Marcy Seinberg shops at a Walmart Neighborhood Market in Levittown, N.Y. On Friday, May 31, the Commerce Department issues its April report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
May 31, 2019 - 7:38 am
WASHINGTON (AP) — Consumer spending slowed in April with inflation up, but still far below the target set by the Federal Reserve. There was a burst of spending in the prior month as well. The Commerce Department said Friday that spending increased 0.3% in April following a 1.1% surge in March that...
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In this May 29, 2019 photo, Jeff Jorgenson looks over a partially flooded field he farms near Shenandoah, Iowa. About a quarter of his land was lost this year to Missouri River flooding, and much of his remaining property has been inundated with heavy rain and water from the neighboring Nishnabotna River. (AP Photo/Nati Harnik)
May 30, 2019 - 5:45 pm
DES MOINES, Iowa (AP) — Between the country's trade dispute with China and the seemingly endless storms that have drenched the central U.S., Iowa farmer Robb Ewoldt has had plenty of time to think about whether it's too late to plant this season, how much federal aid he might get if he does or...
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FILE - In this April 12, 2019, file photo, a sold sign is shown in front of a home in Surfside, Fla. On Tuesday, May 28, the Standard & Poor's/Case-Shiller 20-city home price index for March is released. (AP Photo/Wilfredo Lee, File)
May 28, 2019 - 8:42 am
WASHINGTON (AP) — U.S. home prices rose at the slowest pace in more than six years in March, a sign weaker sales are keeping a lid on price increases. The S&P CoreLogic Case-Shiller 20-city home price index climbed 2.7% from a year earlier, down from an annual gain of 3% in February. Price...
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FILE - In this May 1, 2019 file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, in Washington. Federal Reserve officials at their recent meeting believed the central bank could remain “patient” in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed. In minutes of the April 30-May 1 discussions, Fed officials note that prospects for the U.S. and global economy had been improving, while inflation had fallen farther below the Fed’s 2% target. (AP Photo/Patrick Semansky, File)
May 22, 2019 - 1:22 pm
WASHINGTON (AP) — Federal Reserve officials at their recent meeting believed the central bank could remain "patient" in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed. In minutes of the April 30-May 1 discussions released Wednesday, Fed...
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May 17, 2019 - 2:40 pm
NEW YORK (AP) — A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China, the world's two largest economies, are posing a serious...
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