Prices

August 23, 2018 - 8:00 am
FRANKFURT, Germany (AP) — European Central Bank policymakers are viewing slower than expected growth as a temporary hiccup and believe that the 19-country eurozone's upswing remains solid amid strengthening wage growth. The written account of the bank's July 26 meeting, released Thursday, says...
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A man falls asleep while sitting on a bench, in Caracas, Venezuela, Monday, Aug. 20, 2018. Venezuelans are bracing for dramatic economic measures the government has announced, including a more-than-3,000 percent hike in the minimum wage. The changes start to take effect Monday with introduction of a new currency that lops five zeros off the country's fast-depreciating bills. (AP Photo/Ariana Cubillos)
August 20, 2018 - 5:25 pm
CARACAS, Venezuela (AP) — Saul Jimenez just wanted to buy bread from his neighborhood bakery in Venezuela's capital on Monday. It did not go well. Banks and most other businesses were closed for the day as Venezuela launched a series of dramatic economic reforms, beginning with the release of a...
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A butcher pushes beef ribs to sell at Las Pulgas market in Maracaibo, Venezuela, Sunday, Aug. 19, 2018. Venezuelans are bracing for a 3,000 percent hike in the minimum wage on Monday, leaving one butcher contemplating firing some of his six employees just to stay in business, and the introduction of a new currency that lops five zeros off the country’s fast-depreciating bills. (AP Photo/Fernando Llano)
August 19, 2018 - 3:20 pm
CARACAS, Venezuela (AP) — Residents across Venezuela's capital spent a nervous weekend bracing for dramatic measures that President Nicolas Maduro has announced to rescue a downward-spiraling economy, including a more-than-3,000 percent hike in the minimum wage. The changes start to kick in Monday...
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FILE- In this Dec. 21, 2016, file photo, the New York Stock Exchange is shown. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug 15, 2018. (AP Photo/Mark Lennihan, File)
August 15, 2018 - 2:22 pm
NEW YORK (AP) — Global stocks are sinking Wednesday as an unexpected drop in profits for Chinese tech giant Tencent has investors worrying about economic growth. Oil and copper prices are falling sharply. Technology and energy companies are taking some of the worst losses in the U.S., while...
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People wait at a currency exchange shop in Istanbul, Wednesday, Aug. 15, 2018. The Turkish lira has nosedived in value in the past week, but some Turks are reacting with defiance to their plunging currency and an escalating trade and political dispute with the United States. (AP Photo/Lefteris Pitarakis)
August 15, 2018 - 2:13 pm
ISTANBUL (AP) — Some Turks are reacting with defiance to their plunging currency and an escalating trade and political dispute with the United States — an indication that they are ready to endure economic pain and risk further deterioration in a key, yet troubled alliance dating from the Cold War...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 9:31 pm
ANKARA, Turkey (AP) — A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 14 percent in...
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Trader Michael Capolino works on the floor of the New York Stock Exchange, Friday, Aug. 10, 2018. Stocks are opening moderately lower on Wall Street following steeper losses in Europe, where investors worried about a sharp drop in Turkey's currency. (AP Photo/Richard Drew)
August 10, 2018 - 4:52 pm
NEW YORK (AP) — Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system. Turkish President Recep Tayyip Erdogan has accumulated more and more control over the country's central bank as well as its...
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FILE- In this May 30, 2018, file photo, a shopper walks through the updated cosmetic department at a Target store in San Antonio. On Friday, Aug. 10, the Labor Department reports on U.S. consumer prices for July. (AP Photo/Eric Gay, File)
August 10, 2018 - 9:28 am
WASHINGTON (AP) — Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy. The Labor Department said Friday that the consumer price index ticked up 0.2 percent in July. Annual...
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August 02, 2018 - 4:45 am
LONDON (AP) — The Bank of England is expected to raise its benchmark interest rate for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against concerns about Brexit. Economists forecast that the bank's Monetary Policy Committee will raise...
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FILE - In this March 17, 2011, file photo, cans of Coca-Cola and Diet Coke sit in a cooler at a deli in Portland, Ore. Items ranging from canned beverages to airline tickets will likely get more expensive, companies warn, as they face higher costs. Procter & Gamble, one of the biggest makers of consumer products, said Tuesday, July 31, 2018, that Pampers prices will increase by an average of 4 percent in North America, while the Bounty, Charmin and Puffs brands could see 5 percent increases. (AP Photo, File)
August 01, 2018 - 3:12 am
The price of a can of Coca-Cola? Likely going up. A package of Pampers? That too. Plane tickets? They also may be more expensive. These items and more may cost more in the coming months as people start feeling the effects of higher fuel prices and raw-material costs as well as a range of tariffs...
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