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Prices
June 02, 2020
CBO projects virus impact could trim GDP by $15.7 trillion
The Congressional Budget Office said Monday that the U.S. economy could be $15.7 trillion smaller over the next decade than ...
May 26, 2020
US home price gains quickened in March as sales plunged
U.S. home prices accelerated in March even though sales plummeted, as those Americans still house shopping were forced to bid ...
May 14, 2020
US mortgage rates hover near all-time lows; 30-year at 3.28%
Long-term U.S. mortgage rates were mostly steady this week, hovering near all-time lows. Mortgage buyer Freddie Mac reported ...
May 13, 2020
US wholesale prices drop record 1.3% in April
Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential ...
May 13, 2020
Why prospect of deflation could pose a threat to US economy
The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices ...
May 05, 2020
11 attorneys general seek probe into meatpacking industry
The attorneys general for 11 Midwestern states urged the Justice Department on Tuesday to pursue a federal investigation into ...
May 05, 2020
Asian shares advance following rebound on Wall Street
Shares advanced in Asia on Tuesday, lifted by a surge in oil prices and an overnight rebound on Wall Street thanks to a solid ...
April 29, 2020
Q&A: With rock-bottom prices, will the oil industry recover?
With a barrel of crude oil costing less than a New York pizza, many U.S. shale producers are being pushed to the brink of ...
April 28, 2020
US home prices rose before viral outbreak shut economy
U.S home prices were rising at a steady pace in February, before the viral outbreak shuttered much of the economy and caused ...
April 27, 2020
Japan central bank eases monetary policy to counter pandemic
Japan’s central bank is making it easier for cash-strapped companies to get funding in response to the growing economic ...
April 23, 2020
China buys crude as prices collapse, adding to stockpiles
China, the world’s biggest energy consumer, is building up stockpiles of crude oil as global prices plunge due to the ...
April 22, 2020
Asian stocks fall further amid oil market turmoil
Asian stock markets fell further Wednesday as oil prices recovered some of their record-setting losses amid anxiety about the ...
April 15, 2020
World oil demand forecast to suffer biggest drop ever
Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain ...
April 14, 2020
A rare intervention by the US helped seal crucial OPEC deal
As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare ...
April 10, 2020
Global pact to contain oil price crash takes shape
The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a ...
April 10, 2020
Consumer prices slump 0.4% as virus puts chill on spending
Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus ...
April 06, 2020
Chaos and scrambling in the US oil patch as prices plummet
In Montana, a father and son running a small oil business are cutting their salaries in half. In New Mexico, an oil truck ...
April 04, 2020
White House convenes oil CEOs as bust threatens US boom
President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, ...
March 31, 2020
US home prices rose at 3.1% annually in January
U.S. home price growth was showing signs of acceleration in January, a sign of the solid demand that existed before the ...
March 31, 2020
Inflation in Europe sags amid outbreak, oil price decline
Inflation in the 19 countries that use the euro currency sagged to 0.7% in March from 1.2% February as the virus outbreak and ...
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