- US stocks fall slightly on lower oil, mixed earnings news Updated: May-22-15 5:47 pm
NEW YORK - The stock market capped a quiet week of trading on a down note.
- Yellen: 1st rate hike likely by year end if economy improves Updated: May-22-15 3:02 pm
WASHINGTON - Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year - if the job market improves and the Fed is confident inflation will climb closer toward its target rate.
- US consumer prices ticking up as Fed weighs first rate hike Updated: May-22-15 12:14 pm
WASHINGTON - Core consumer prices outside of food and energy posted the biggest increase in April in more than a year, suggesting that an improving U.S. economy is finally starting to lift prices. That could prompt the Federal Reserve to start raising interest rates later this year.
- California home prices, sales rise in April Updated: May-21-15 5:33 pm
SAN DIEGO - California home prices climbed to a new 7 1/2-year high in April as low interest rates and job growth lured buyers, a research firm said Thursday. Sales were brisk.
- US home sales slide in April amid listing shortage Updated: May-21-15 1:06 pm
WASHINGTON - Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector's uneven recovery.
- Why many experts missed this: Cheap oil can hurt US economy Updated: May-20-15 3:49 pm
WASHINGTON - If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy.
- Bank of England unanimous in keeping rates steady Updated: May-20-15 5:13 am
LONDON - Bank of England policymakers voted unanimously to keep interest rates steady at their meeting this month, even as they hinted that record low rates would have to be lifted eventually.
- Surge in home construction is lifting hopes for US economy Updated: May-19-15 2:56 pm
WASHINGTON - The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.
- Report: Nebraskans' income falls in 2014 from year before Updated: May-19-15 2:50 pm
OMAHA, Nebraska - A recent report from the Federal Reserve Bank of Kansas City shows lower crop prices in 2014 hurt the wallets of Nebraska residents.
- UN lowers global economic growth estimate amid modest pace Updated: May-19-15 2:41 pm
UNITED NATIONS - The United Nations is lowering its growth estimate for the global economy this year, saying its previous forecast of 3.1 percent growth in 2015 is now more likely to be 2.8 percent instead.
- Energy expert: Summer gas prices to stay below 2014's prices Updated: May-19-15 3:40 am
WEST LAFAYETTE, Indiana - A Purdue University energy expert says motorists heading out on summer road trips can expect gas prices to remain considerably lower than last summer despite recent price increases.
- Frustration with Latin America's left on the rise Updated: May-18-15 7:38 pm
CARACAS, Venezuela - Venezuela's socialist government is struggling to put food on the shelves amid runaway inflation. Brazil's president is facing calls for impeachment. And even Cuba's communist government, an iconic touchstone for generations of leftists, is embracing closer ties with the U.S.
- Oklahoma consumers to benefit from lower summer energy costs Updated: May-17-15 1:32 pm
OKLAHOMA CITY - Oklahoma families and consumers will likely benefit from lower energy prices as Memorial Day and the start of the summer vacation season approaches.
- ECB President Draghi: European stimulus will continue Updated: May-14-15 12:52 pm
WASHINGTON - European Central Bank chief Mario Draghi said the ECB's economic stimulus program is working but needs more time to bring European inflation back to healthier levels and restore consumer and business confidence.
- US producer prices fall in April; food, energy costs drop Updated: May-14-15 9:30 am
WASHINGTON - A sharp drop in the cost of gasoline and food pushed down overall U.S. producer prices in April.
- Twin Cities housing market sees spike in sales in April Updated: May-13-15 5:13 am
MINNEAPOLIS - An industry group says April was the best month for the housing market in the Twin Cities area in nearly 10 years.
- Price of cigarettes going up in Tenn. under new markup law Updated: May-13-15 4:34 am
NASHVILLE, Tennessee - The price of cigarettes is going up in Tennessee, but the proceeds won't be landing in state tax coffers.
- Egg, turkey meat prices begin to rise as bird flu spreads Updated: May-12-15 6:21 pm
DES MOINES, Iowa - Prices for eggs and turkey meat are rising as an outbreak of bird flu in the Midwest claims an increasing number of chickens and turkeys. Market experts say grocery stores and wholesalers are trying to stock up on eggs, but there's no need to worry about having enough turkeys for Thanksgiving.
- Conway: Anti-competitive practices lead to higher gas prices Updated: May-12-15 6:21 pm
LOUISVILLE, Kentucky - Kentucky Attorney General Jack Conway sued Marathon Petroleum Co. on Tuesday, claiming its control of the state's wholesale gasoline market has "been allowed to run rampant" and results in higher prices at the pump.
- Australia plans to cut business tax and balance books Updated: May-12-15 6:17 am
CANBERRA, Australia - Australia announced cuts to foreign aid, lower taxes for small businesses and cheaper child care in an annual budget that tries to balance paying off debt with energizing an economy that's being sapped by China's slowdown.
- Why homebuyers face a tough spring Updated: May-11-15 7:41 am
Eager to buy your first home this spring? Already own, but want to trade up? Be warned: there'll be plenty of competition
- Deflated-ball trick nothing new in games people play Updated: May-10-15 12:28 pm
If you ain't cheatin', you ain't tryin'.
- China's inflation rate up slightly to 1.5 percent in April Updated: May-09-15 4:46 am
BEIJING - China's inflation rate rose slightly to 1.5 percent in April, up from the previous month's 1.4 percent, but still provides plenty room for monetary easing for the world's second-largest economy, according to official data released Saturday.
- Panel passes bill letting voters tie fuel tax to inflation Updated: May-07-15 8:50 pm
CARSON CITY, Nevada - A Nevada Senate committee has approved a bill that would clear the way for counties to tie their fuel tax levels to the rate of inflation.
- Beijing tries to tap brakes on stock market boom Updated: May-07-15 6:25 am
BEIJING - China's leaders are trying to tap the brakes on a stock market boom that could run out of control and disrupt economic reform plans.