BEIJING (Reuters) – China’s consumer prices faltered and factory-gate prices shrank slightly faster than expected in September, with both indicators showing persistent deflationary pressures in the world’s second-largest economy. The …
Prices
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Business News
Instant View: Gas and shelter costs send US consumer prices higher in Sept
by Reutersby ReutersNEW YORK (Reuters) – U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal Reserve …
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US and World News
Low wheat prices irk Kansas farmers, capping US winter wheat acreage
by Reutersby ReutersBy Julie Ingwersen CHICAGO (Reuters) – U.S. farmers are about halfway done planting winter wheat for harvest in 2024, but acreage is expected to remain stable or decrease from last …
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(Reuters) – The German premium footwear company Birkenstock priced its U.S. initial public offering (IPO) at $46 per share, the Wall Street Journal reported on Tuesday. (Reporting by Mrinmay Dey …
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Business News
Brazil’s consumer prices forecast to have risen faster in Sept – Reuters poll
by Reutersby ReutersBy Gabriel Burin (Reuters) – Brazil’s consumer prices likely rose faster in September, led by hikes in gasoline costs that should have brought annual inflation to the highest rate in …
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Breaking NewsBusiness NewsFood & DiningHealth and WellnessNew Jersey News
How New Avian Flu Outbreak Could Affect Turkey Dinners in New Jersey on Thanksgiving
TRENTON, NJ – The U.S. Department of Agriculture (USDA) announced the discovery of avian flu in a commercial poultry farm in Jerauld County, South Dakota, marking the first such incident …
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By David Shepardson (Reuters) – The United States Postal Service (USPS) said on Friday it wants to raise the price of first-class mail stamps to 68 cents from 66 cents …
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Business News
US gasoline prices could fall to $3 a gallon on oil selloff, rising stocks
by Reutersby ReutersBy Laura Sanicola (Reuters) – U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude oil futures down $10 a …
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Business News
Canada’s grocery chains pledge to help cut food prices, govt says
by Reutersby ReutersOTTAWA (Reuters) – The Canadian government, under political pressure to tackle high inflation, said on Thursday the country’s five major grocery chains had made an initial commitment to help stabilise …
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Business News
Analysis-Record chicken prices squeeze US shoppers, benefit Tyson Foods
by Reutersby ReutersBy Tom Polansek CHICAGO (Reuters) – Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production …
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Business News
Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year
by Reutersby ReutersBRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a sharp drop in energy prices, data showed on Wednesday. The European …
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By Fergal Smith TORONTO (Reuters) – Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada paused its interest …
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US and World News
Explainer-What Macron means when he says he wants to ‘take back control’ of French power prices
by Reutersby ReutersPARIS (Reuters) – French President Emmanuel Macron said last week his government would “take back control” of electricity prices by the end of the year, without spelling out what steps …
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Business News
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
by Reutersby Reuters(Reuters) – McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery …
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Business News
China new home prices tick up in Sept, ending four-month decline – survey
by Reutersby ReutersSHANGHAI (Reuters) – China’s new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday, as developers sped up launches to take advantage of a recent …
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Business News
Retail investors flock to bond ETFs in third quarter as prices slide
by Reutersby ReutersBy Bansari Mayur Kamdar (Reuters) – Investors continued piling into exchange-traded funds (ETFs) that track U.S. government debt in the third quarter, with retail investor flows hitting their highest level …
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Business News
More German firms want to raise prices for first time in a year -Ifo
by Reutersby ReutersBERLIN (Reuters) – The number of companies in Germany planning to raise their prices rose for the first time in a year in September, a survey by the Ifo economic …
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BERLIN (Reuters) – German import prices recorded in August the largest year-on-year decline since November 1986, the statistics office said on Friday. Import prices decreased by 16.4% year on year …
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(Corrects paragraph 2 to remove reference to Paris Stock exchange and say on Sept. 25 and not last week) (Reuters) – Coty said it would price its global offering of …
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Business News
Italy agrees steps with retailers to control prices of staple goods
by Reutersby ReutersROME (Reuters) – Italy on Thursday signed off a deal with distributors’ associations to try to control the prices of essential goods in the last quarter of this year, though …
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TOKYO (Reuters) – Japan’s business-to-business service prices rose 2.1% in August from a year earlier, accelerating from a 1.7% year-on-year gain in July, central bank data showed on Tuesday. The …
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(Reuters) – Spanish industrial prices fell a record 10% in the 12 months through August, from a revised 8.6% decrease in the 12 months through July, the National Statistics Institute …
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Business News
India says rising oil prices a concern, but economic outlook ‘bright’
by Reutersby ReutersNEW DELHI (Reuters) – Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a retreat in the prices of …
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Business News
U.S. stock prices near level for ‘mechanical selling’ – Nomura’s McElligott
by Reutersby ReutersBy Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest leg lower in U.S. stock prices has put them in a danger zone that could trigger so-called “mechanical selling” pressure …
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WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in August as persistently tight supply boosted prices, and a further decline is likely amid a resurgence in mortgage rates. Existing …