Prices

Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 18, 2018 - 2:24 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says that the central bank has tools it could use to cushion the adverse effects a trade war might have on the economy. But he tells Congress the effort could be challenging if higher tariffs push inflation up too sharply. Powell says if the...
Read More
In this July 3, 2018, photo, a shopper carries bags in San Francisco. On Monday, July 16, the Commerce Department releases U.S. retail sales data for June. (AP Photo/Marcio Jose Sanchez)
July 16, 2018 - 8:56 am
WASHINGTON (AP) — U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism. The Commerce Department said Monday that sales at retailers and restaurants increased 0.5 percent in June, following a big 1.3 percent gain the...
Read More
In this July 12, 2018 photo, farmer Don Bloss checks on the operation of an auger transferring corn on his farm in Pawnee City, Neb. Farmers and agricultural economists are worried that president Donald Trump’s trade, immigration and biofuels policies will cost farms billions of dollars in lost income and force some out of business. Bloss, who grows corn, soybeans, sorghum and wheat on his farm in the southeastern Nebraska community of Pawnee City, said he’s already seen a few neighbors quit farming as they struggled to make a profit even before the tariff battle began this year. (AP Photo/Nati Harnik)
July 15, 2018 - 12:06 pm
DES MOINES, Iowa (AP) — Even before the specter of a trade war with China and other countries threatened to cost them billions of dollars, American farmers were feeling the squeeze from fluctuating crop prices and other factors that have halved their overall income in recent years. The threat of...
Read More
FILE- This Oct. 25, 2016, file photo shows the New York Stock Exchange at sunset in lower Manhattan. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 13, 2018. (AP Photo/Mary Altaffer, File)
July 13, 2018 - 2:28 pm
NEW YORK (AP) — U.S. stock indexes are slightly higher Friday as energy companies rise with oil prices. Industrial companies and household goods makers are also higher. Banks are slipping as investors aren't finding much to get excited about in second-quarter reports from JPMorgan Chase, Citigroup...
Read More
FILE- In this June 13, 2018, file photo, Federal Reserve Chair Jerome Powell speaks to the media after the Federal Open Market Committee meeting in Washington. The Federal Reserve says it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. (AP Photo/Jacquelyn Martin, File)
July 13, 2018 - 11:36 am
WASHINGTON (AP) — The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for...
Read More
FILE - In this Wednesday, June 13, 2018, file photo, Federal Reserve Chair Jerome Powell arrives to a news conference after the Federal Open Market Committee meeting, in Washington. Powell says the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. (AP Photo/Jacquelyn Martin, File)
July 12, 2018 - 5:56 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday that the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. In an...
Read More
FILE- In this June 13, 2018, file photo, Bob Harris carefully selects which tomatoes to buy at Paducah, Kentucky's Downtown Farmers' Market. On Thursday, July 12, the Labor Department reports on U.S. consumer prices for June. (Ellen O'Nan/The Paducah Sun via AP, File)
July 12, 2018 - 8:33 am
WASHINGTON (AP) — Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance, and higher rent. The Labor Department said Thursday that the consumer price index ticked up just 0.1 percent in June. But inflation jumped 2.9...
Read More
July 11, 2018 - 8:49 am
WASHINGTON (AP) — U.S. wholesale prices rose 0.3 percent in June, a slight slowing from May. But the 12-month gain was the fastest in more than six years, adding to evidence that inflation is beginning to rise after years of weak price gains. The Labor Department said Wednesday that the June...
Read More
FILE- In this Feb. 9, 2017, file photo traders work the floor at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 6, 2018. (AP Photo/Mark Lennihan, File)
July 06, 2018 - 5:05 pm
The trade dispute between the U.S. and China escalated Friday, but Wall Street focused on a solid jobs report instead. After a wobbly start, U.S. stocks mounted a broad rally, shaking off two consecutive weekly losses. Growing jitters in recent weeks over a stepped-up trading dispute between the...
Read More
June 30, 2018 - 11:02 am
CAIRO (AP) — Egypt's President Abdel-Fattah el-Sissi urged citizens on Saturday to further endure economic reforms and austerity measures, including a recent wave of steep price hikes on fuel, electricity and drinking water. His televised address comes on the fifth anniversary of the June 30 mass...
Read More

Pages