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 - 8:32 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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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 - 3:34 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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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 - 6:46 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 - 9:00 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 - 1:01 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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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 - 5:15 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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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 - 10:15 am
VIENNA (AP) — OPEC looked set to extend its current deal to cut production for nine months as the oil cartel faces a weakening outlook for demand because of waning global growth. Member country representatives were meeting Monday at the Organization of the Petroleum Exporting Countries'...
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July 01, 2019 - 6:46 am
FRANKFURT, Germany (AP) — The unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going. Official figures Monday showed the jobless rate declined to 7.5 percent from 7...
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The buildings of the banking district are seen along the river Main in Frankfurt, Germany, late Thursday, June 27, 2019. (AP Photo/Michael Probst)
June 28, 2019 - 5:27 am
FRANKFURT, Germany (AP) — Consumer price inflation in the 19 countries that use the euro remained stuck at 1.2% in June, well below their central bank's goal despite years of stimulus policies. The official figure released Friday by the EU statistics agency matched the May reading and came in short...
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A sign for Philadelphia Energy Solutions stands at the refining complex in Philadelphia, Wednesday, June 26, 2019. The owner of the largest oil refinery complex on the East Coast is telling officials that it will close the facility after a fire last week set off explosions and damaged the facility. Philadelphia Mayor Jim Kenney said in a statement Wednesday that Philadelphia Energy Solutions had informed him of its decision to shut down the facility in the next month. The more than 1,000 workers there will be impacted, the mayor said. (AP Photo/Matt Rourke)
June 26, 2019 - 2:07 pm
The largest oil refinery on the East Coast will close after a devasting fire last week that set off explosions and damaged equipment, and consumers could see gas prices rise as summer travel hits full swing, officials and analysts said Wednesday. Philadelphia Energy Solutions has decided to shut...
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