Prices

In this May 23, 2019, photo a farmer plants soybeans in a field in Springfield, Neb. On Friday, July 12, the Labor Department reports on U.S. producer price inflation in June. (AP Photo/Nati Harnik)
July 12, 2019 - 7:32 am
WASHINGTON (AP) — U.S. producer prices rose modestly in June, another sign that inflationary pressures remain subdued. The Labor Department said Friday that its producer price index, which measures inflation before it reaches consumers, rose 0.1% last month, same as the increase in May. Wholesale...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, July 12, 2019. Shares in Asia are mostly higher after a turbulent day on Wall Street ended with the Dow Jones Industrial Average closing above 27,000 for the first time. (AP Photo/Eugene Hoshiko)
July 12, 2019 - 5:58 am
BANGKOK (AP) — World shares were mostly higher on Friday after Wall Street ended overnight with the Dow Jones Industrial Average closing above 27,000 for the first time. Germany's DAX edged 5.68 points higher to 12,337.80 while the CAC 40 in France surged 0.6% to 5,585.27. Britain's FTSE climbed 0...
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Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 11, 2019 - 4:52 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." Powell's comments before the Senate Banking Committee...
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President Donald Trump speaks about kidney health at the Ronald Reagan Building and International Trade Center, accompanied by Health and Human Services Secretary Alex Azar, left, Wednesday, July 10, 2019, in Washington. (AP Photo/Alex Brandon)
July 11, 2019 - 10:28 am
WASHINGTON (AP) — President Donald Trump is withdrawing a plan to ease the financial bite of costly medications for people on Medicare by letting them receive rebates that drugmakers now pay to insurers and middlemen, the White House said Thursday. The once-highly promoted plan from Health and...
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In this June 26, 2019 photo, a man adds fuel to his vehicle with the price of gas displayed at the pump at a gas station in Orlando, Fla. On Thursday, July 11, the Labor Department reports on U.S. consumer prices for June. (AP Photo/John Raoux)
July 11, 2019 - 7:32 am
WASHINGTON (AP) — U.S. consumer prices rose just 0.1% in June, as cheaper gas prices were offset by higher rents and auto costs. The Labor Department said Thursday that the consumer price index increased 1.6% in June from a year earlier. That is down from 1.8% in May and the second straight drop...
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In this photo taken on Friday, July 5, 2019, Turkey's President Recep Tayyip Erdogan speaks during a meeting in Istanbul. Erdogan has fired the Central Bank Governor Murat Cetinkaya amid the country's economic downturn. Cetinkaya was replaced by Murat Uysal, the deputy governor, in a presidential decree published Saturday.(Presidential Press Service via AP, Pool)
July 08, 2019 - 5:46 am
ANKARA, Turkey (AP) — Turkey's currency fell sharply on Monday, reawakening concerns of another bout of financial jitters in the country, after President Recep Tayyip Erdogan fired the central bank governor, reportedly over disagreements on interest rate cuts. Murat Cetinkaya was replaced by Murat...
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In this June 20, 2019 photo, the Capitol is seen from the roof of the Canadian Embassy in Washington. Health care is on the agenda for Congress when lawmakers return, and it’s not another battle over the Obama-era Affordable Care Act. Instead of dealing with the uninsured, lawmakers are trying to bring down costs for people who already have coverage. (AP Photo/J. Scott Applewhite)
July 07, 2019 - 8:00 am
WASHINGTON (AP) — Lawmakers are trying to set aside their irreconcilable differences over the Obama-era Affordable Care Act and work to reach bipartisan agreement on a more immediate health care issue, lowering costs for people who already have coverage. Returning from their Fourth of July recess,...
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FILE - In this May 6, 2019, file photo, a woman looks at display boards at the Australian Stock Exchange in Sydney, Australia. Australia's central bank has cut its benchmark interest rate by a quarter of a percentage point to a new record low of 1% in a bid to boost the economy. (AP Photo/Rick Rycroft, File)
July 02, 2019 - 12:01 am
CANBERRA, Australia (AP) — Australia's central bank cut its benchmark interest rate by a quarter of a percentage point on Tuesday to a new record low of 1% in a bid to boost the economy. The cut is the second in consecutive months. Previously the Reserve Bank of Australia had not shifted the rate...
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Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Monday, July 1, 2019. (AP Photo/Ronald Zak)
July 01, 2019 - 4:27 pm
VIENNA (AP) — OPEC is extending its deal to cut production for another nine months in bid to keep oil prices from sagging as the oil cartel faces a weakening outlook for global demand. The decision among the members of the Organization of the Petroleum Exporting Countries came during a meeting...
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Trader Jonathan Muller works in his booth on the floor of the New York Stock Exchange, Monday, July 1, 2019. Stocks are rallying early Monday after the U.S. and China agreed to resume trade talks. (AP Photo/Richard Drew)
July 01, 2019 - 4:15 pm
Wall Street kicked off July with a record high for S&P 500 index after a cease-fire in the U.S. trade war with China put investors in a buying mood. The milestone marks the second time in less than two weeks that the benchmark index closed at a record high. The S&P 500 is now up 18.3% for...
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