prices
Donald Trump on Friday accused foreign-owned meat packers of driving up the price of beef in the US and asked the Department of Justice to open an investigation. The Republican president announced the move on social media days after his party suffered losses in key elections in which the winning Democratic candidates focused relentlessly on […]
Consumer Price Index reports in recent months have provided clear indications that prices for tariff-impacted goods are on the rise. Economists have been watching the “core goods” category (which excludes gas and food) for signs of tariff-related costs being passed along to consumers. In August, core goods prices rose 0.3%, its highest rate in seven […]
Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft, sending oil prices higher by more than $2 a barrel. The president imposed the new measures as his frustration grows with Russian president Vladimir Putin over the war. The sanctions are a major policy […]
As a mother of two, Paige Harris has noticed a change in the way she shops for her family. “Items that I have bought regularly have gone up in price steadily,” she said. “From hair dye to baby formula, our grocery list has gotten smaller while our budget has had to increase. Meats like steak […]
Analysts expect rise in US crude inventories US-China trade tensions risk disrupting global oil freight IEA predicts oil surplus in 2026 due to OPEC+ output rise NEW YORK, Oct 15 (Reuters) – Oil prices eased on Wednesday to a five-month low on escalating U.S.-China trade tensions and the International Energy Agency’s prediction of a supply […]
By Naveen Thukral JAKARTA, Sept. 16 (Reuters) – Flour millers in Asia have ramped up imports of U.S. wheat in recent weeks, driven by competitive prices from American suppliers and delays in shipments from the Black Sea, according to grain traders at an international conference. Indonesian importers have finalised deals for around 500,000 tons, while buyers in […]
Flour millers in Asia have ramped up imports of U.S. wheat in recent weeks, driven by competitive prices from American suppliers and delays in shipments from the Black Sea, according to grain traders at an international conference. Indonesian importers have finalised deals for around 500,000 tons, while buyers in Bangladesh secured about 250,000 tons and […]
WASHINGTON (AP) — U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported Wednesday that… WASHINGTON (AP) — U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported Wednesday that its producer price index — which captures inflation in the supply chain before it hits […]
To the surprise of absolutely no one, Carlos Alcaraz and Jannik Sinner will square off this Sunday in the 2025 US Open final. Alcaraz booked his ticket to the final by defeating Novak Djokovic 6-4, 7-6 (4), 6-2 in the semifinals. It was an impressive performance from the five-time Grand Slam champion. Sinner, meanwhile, defeated […]
Sony is PlayStation 5 gaming consoles in the US will jump by around $50 (£37.16) from Thursday as the Japanese technology giant grapples with rising costs and a slowing video game market. Like many global businesses, the firm faces a “challenging economic environment”, Isabelle Tomatis, Sony Interactive Entertainment’s vice president of global marketing said in […]