(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for first-quarter profit and revenue as home prices stayed elevated amid limited supply. A shortage of homebuilding supplies …
Prices
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France to take action if food retailers don’t pass on falling prices
by Reutersby ReutersPARIS (Reuters) – French Finance Minister Bruno Le Maire pledged on Friday to take action against food retailers if they do not pass on lower wholesale prices to consumers struggling …
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BERLIN (Reuters) – German producer prices rose less than expected in March, posting the smallest year-on-year increase since June 2021, according to data released on Thursday. Producer prices of industrial …
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Italy posts trade surplus in February as energy import prices fall
by Reutersby Reuters(Reuters) – Italy’s trade balance with the rest of the world swung to a surplus in February from a deficit a year earlier thanks mainly to the declining cost of …
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NZ food prices surge, Q1 inflation awaited as another rate hike expected
by Reutersby ReutersBy Lucy Craymer WELLINGTON (Reuters) – New Zealand food prices surged in March as flash floods and a cyclone this year jacked up fruit and vegetable prices, with economists expecting …
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IMF sees high rates, oil prices and inflation worries in Middle East
by Reutersby ReutersWASHINGTON (Reuters) – Banks in the Middle East and Central Asia have very limited exposure to last month’s banking turmoil in the United States and Europe, but financial pressures are …
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WASHINGTON (Reuters) – U.S. import prices fell more than expected in March, leading to the biggest year-on-year decline since mid-2020, further evidence that inflation pressures were subsiding. Import prices dropped …
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(Reuters) – Tesla Inc on Friday slashed prices of its electric vehicles in Europe, Israel and Singapore, extending a global discount drive it began in China in January while raising …
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WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs that underlying producer inflation was subsiding. The producer price index …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Layoffs, Higher Prices And Fewer Choices Could Be Consequences Of Biden’s New Policy, Experts Warn
Layoffs, Higher Prices And Fewer Choices Could Be Consequences Of Biden’s New Policy, Experts Warn John Hugh DeMastri on April 12, 2023 Economists and industry experts have expressed concern that …
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South Korea import prices drop in March at fastest pace in 27 months
by Reutersby ReutersSEOUL (Reuters) – South Korea’s import prices dropped in March at their fastest pace in 27 months, dragged down by weaker oil prices, central bank data showed on Thursday. The …
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New vehicle prices fall below sticker price after nearly two years – Kelley Blue Book
by Reutersby Reuters(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company …
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Britain’s Sainsbury’s offers lower prices to loyalty card holders
by Reutersby ReutersBy James Davey LONDON (Reuters) – Sainsbury’s, Britain’s second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar …
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By David Shepardson WASHINGTON (Reuters) – Used electric vehicle sales in the United States rose 32% in the first three months of 2023 as prices fell, data provider Cox Automotive …
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ROME (Reuters) – The United Nations food agency’s world price index fell in March for a 12th consecutive month, and is now down 20.5% from a record high hit one …
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TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in March from February, with listings falling at a faster rate than did sales in comparison to a year ago, …
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Pfizer, Merck trim prices in China for Paxlovid, molnupiravir – reports
by Reutersby ReutersSHANGHAI (Reuters) – Pfizer and Merck have slightly lowered the prices of their respective Paxlovid and molnupiravir COVID-19 treatments in China, local media reported on Tuesday citing pricing information published …
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Oil Prices Surge Following Saudi Surprise
Oil Prices Surge Following Saudi Surprise John Hugh DeMastri on April 3, 2023 Crude oil prices surged roughly 6% Monday morning following an unexpected Saudi-led decision by OPEC to slash …
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Biden Won’t Be Able To Force Lower Oil Prices With Strategic Reserve, Experts Say
Biden Won’t Be Able To Force Lower Oil Prices With Strategic Reserve, Experts Say John Hugh DeMastri on April 3, 2023 The Biden administration would be unlikely to keep down …
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Canada’s main stock index edged up on Monday, tracking strength in crude oil prices, while investors watched out for March manufacturing activity data due later in the day. June futures …
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(Reuters) -Ford Motor Co on Thursday raised prices of some models of its popular F-150 Lightning electric pickup truck again, the latest in a series of price hikes aimed at …
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BERLIN (Reuters) – German import prices in February registered their smallest increase in two years as energy prices eased. February import prices were up 2.8% year on year, the statistics …
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MOSCOW (Reuters) – Russia’s weekly consumer price rise eased slightly in the week to March 27, data from state statistics service Rosstat showed on Wednesday, as authorities seek to bring …
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HONG KONG (Reuters) – Hong Kong private home prices climbed 2.2% in February, the second straight monthly increase, helped by improving sentiment after the border with China was reopened, expectations …
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Business News
Spanish government to meet supermarkets, farmers over high food prices
by Reutersby ReutersMADRID (Reuters) – Spain’s government will meet with food retailers and producers on Wednesday to address stubborn inflation in food prices, Economy Minister Nadia Calvino said on Tuesday. The government, …