WASHINGTON (Reuters) – The Biden administration wants to keep gas prices within current ranges as the United States heads into its summer driving season, White House economic adviser Lael Brainard …
Prices
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NEW YORK (Reuters) – U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector to far outpace broader inflation …
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Inflation is wreaking havoc on Americans’ wallets as they prepare to celebrate Easter. Prices on all goods have risen 18.5% since January 2021, when President Joe Biden first took office, …
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The Biden administration purchased 2.8 million barrels to partially refill the strategic petroleum reserve (SPR) at prices significantly higher than prevailing prices when former President Donald Trump proposed to top …
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The index for home prices increased in January at its fastest rate since November 2022 as supply constraints and inflation continue to raise prices, according to data from S&P Global. …
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WASHINGTON (Reuters) – U.S. producer prices increased more than expected in February amid a surge in the cost of goods like gasoline and food, which could fan fears that inflation …
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High Rent Prices Are Crushing Americans — And They Could Be Here To Stay, Experts Say Will Kessler on February 28, 2024 Rent prices have exploded since the end of …
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TRENTON, NJ – Inflation is being reigned in and food prices are coming down. That’s what we’re told each time the Biden administration talks about food prices here in New …
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(Reuters) – Albemarle, the world’s largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for the metal used to make …
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WASHINGTON (Reuters) – U.S. producer prices fell more than initially thought in December, revised government data showed on Wednesday. The producer price index for final demand dropped 0.2% in December …
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By David Milliken LONDON (Reuters) -British house prices rose this month more than economists had expected, adding to signs that the squeeze from high interest rates is beginning to ease, …
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By Amina Niasse NEW YORK (Reuters) – U.S. home prices rose in November at the swiftest annual rate in 11 months, indicating a recovery in the housing market may be …
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LONDON (Reuters) – IKEA is investing in price cuts on some products across a range of countries, including Belgium, Canada and India, as the furniture retailer aims to unwind increases …
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By Echo Wang NEW YORK (Reuters) -BrightSpring Health Services, which is backed by private equity firm KKR & Co, on Thursday priced its initial public offering below its targeted range …
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By Laura Sanicola (Reuters) – U.S. oil refiners are expected to report another quarter of lower earnings versus year-ago levels due to weaker fuel prices and after a proliferation of …
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BRUSSELS (Reuters) – The European Union faces a risk of consumer prices surging and growth slowing due to disruptions to shipping through the Red Sea, though it has yet to …
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WELLINGTON (Reuters) – New Zealand house prices were unchanged in December, but more broadly activity is improving with sales increasing and houses selling more quickly, the Real Estate Institute of …
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WASHINGTON (Reuters) – U.S. import prices were unexpectedly unchanged in December after two straight monthly decreases, but the trend in imported inflation remained subdued. The unchanged reading in import prices …
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By Divya Chowdhury DAVOS, Switzerland (Reuters) -Budget furniture retailer IKEA is sticking to planned price cuts despite Red Sea shipping disruptions pushing up costs, and has sufficient stocks to absorb …
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CARACAS (Reuters) – Venezuela’s annual inflation rate settled at 189.8% last year, according to data from the central bank released on Friday, marking a slight easing of the still sky-high …
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(Reuters) – Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. government report pointed to less …
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By Nikunj Ohri NEW DELHI (Reuters) -India’s annual retail inflation rose at the fastest pace in four months in December, driven by a rise in prices of some food items, …
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SHANGHAI (Reuters) – The price of Tesla’s new China Model 3 dropped to 245,900 yuan, and the price of the Model Y dropped to 258,900 yuan, as of Jan. 12, …
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By Scott DiSavino (Reuters) – Frigid weather moving into the central U.S. will boost natural gas demand to record highs early next week, according to analysts forecasts, putting power and …
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DUBLIN (Reuters) – Growth in Ireland’s services sector slowed in December as higher prices tempered new business demand, but new exports and the outlook for future activity both improved, a …