By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - U.S. consumer prices declined last month as the cost of gas fell sharply and food prices were unchanged. The tame reading is the latest evidence that the sluggish economy is keeping inflation in check.
The consumer price index declined
By PAUL WISEMANAP Economics Writer
WASHINGTON (AP) - U.S. industrial output rose in March as cold weather kept utilities busy generating heat and a surge in auto production helped offset broader weakness in manufacturing.
Production at the nation's factories, mines and utilities rose 0.4
CAIRO (AP) - In an April 16 story about Egypt's economy and request for an IMF loan, The Associated Press misspelled the last name of an economic expert. The correct spelling is Halime, not Haline.
A corrected version of the story is below:
IMF leaves Egypt after hearing from opposition
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - U.S. homebuilders broke the 1 million mark in March, the highest level since June 2008. The gain signals continued strength for the housing recovery at the start of the spring buying season.
The overall pace of homes started rose 7 percent
By CHRISTINA REXRODEAP Business Writer
NEW YORK (AP) - Goldman Sachs reported what seemed like a good first quarter, but analysts were more concerned about the bank's future than the past three months. They peppered the chief financial officer with questions about impending regulations, and
By CANDICE CHOIAP Food Industry Writer
NEW YORK (AP) - Coca-Cola reported first-quarter results on Tuesday that came in above expectations and said it struck deals to start refranchising its business in the U.S.
The world's biggest beverage maker, which makes Sprite, Dasani and Powerade, had
ATHENS, Greece (AP) - Greece's finance minister pledged Tuesday to stick with unpopular austerity measures and correct years of profligate state spending, in the hope of securing a budget surplus this year that could pave the way for a new debt reduction deal.
"We still face a hard road ahead,
By ERICA WERNERAssociated Press
WASHINGTON (AP) - To some conservatives, it's amnesty.
To some immigration advocates, it's unnecessarily punitive.
The Senate's new bipartisan immigration bill drew criticism from the right and from the left Tuesday - convincing members of the bipartisan
By VIVIAN SEQUERA AND FABIOLA SANCHEZAssociated Press
CARACAS, Venezuela (AP) - Venezuela's president-elect blamed the opposition Tuesday for seven deaths and 61 injuries that the government claims have occurred in disturbances protesting his election, and he accused the U.S. of organizing the
By KIM GAMELAssociated Press
KABUL, Afghanistan (AP) - The homespun Afghan burqa is under siege from east and west these days - cut-price competition from China, and Western influences that are leading many urban women to exchange the full-body cloak for a simple headscarf.
The decline is most