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Market and Exchange

A collection of news and information related to Market and Exchange published by this site and its partners.

Top Market and Exchange Articles

Displaying items 12-22
  • Deflation-wary European Central Bank cuts deposit rate to below zero

    In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
  • Consumer price growth slows as energy costs decline

    Consumer price growth slows as energy costs decline
    Consumer prices grew last month at their slowest pace since February, as lower energy costs offset higher price tags for food and shelter, the Labor Department said Tuesday. The Consumer Price Index, a closely watched measure of inflation, rose a...
  • ECB surprises markets with rate cut, asset purchases

    The European Central Bank, in a surprise move Thursday, cut its main interest rate to rock bottom and said it would buy certain securities and bonds in a bid to stimulate growth and combat increasing risks of deflation. In addition to lowering its key...
  • Chicago wholesale gasoline prices rise on BP Whiting refinery fire

    Chicago wholesale gasoline prices rise on BP Whiting refinery fire
    Wholesale gasoline prices surged in Chicago on Thursday after a fire hit a piece of equipment used to produce gasoline at BP Plc's refinery in nearby Whiting, Indiana, trade and industry sources said. BP said the fire was extinguished at its biggest U.S....
  • Ukraine says Russian tanks flatten town; EU threatens more sanctions

    Ukraine says Russian tanks flatten town; EU threatens more sanctions
    European Union officials will draw up proposals for new sanctions on Russia over its action in Ukraine within a week, European Council President Herman Van Rompuy said on Sunday. EU leaders decided at a Brussels summit to ask the EU's executive...
  • Money issues dominate final televised debate on Scottish independence

    Money issues dominate final televised debate on Scottish independence
    The campaigns for and against Scottish independence held a final televised debate Monday night in Glasgow that polls suggested was won by Scotland’s First Minister Alex Salmond. It was a victory he sorely needed: His “Yes” campaign has...
  • 10 grocery store foods with prices on the rise

    10 grocery store foods with prices on the rise
    The next time you visit the grocery store, you may experience sticker shock. Prices for some of your favorite foods, including bacon, coffee and oranges, are on the rise.  According to the Bureau of Labor Statistics, retail food prices rose in March...
  • Food prices increased in June

    Food prices increased in June
    I recently embarked on a price comparison project at six of the major grocery stores in Hampton Roads. What I found was quite surprising: Prices have declined over the past year. (More on that to come in the Daily Press on Sunday, July 21). In the...
  • Small drop in gasoline prices dents used hybrid, electric car values

    Small drop in gasoline prices dents used hybrid, electric car values
    Gasoline prices are only slightly below levels set in 2011 and 2012, according to Energy Department statistics. But even a relatively small decline is enough to dent the used car auction prices of hybrid vehicles and the retained value of electric...
  • Food prices drop 2.1% in South Florida

    Food prices drop 2.1% in South Florida
    You may have noticed your dollar recently went further in the supermarket: Food prices fell 2.1 percent in November and December in South Florida, the U.S. Bureau of Labor Statistics reported Thursday. Thank falling citrus prices for helping lower...
  • Coral Springs residents to vote on pay hike for city officials

    Coral Springs voters will decide on Nov. 4 if they want city officials to be given a pay increase. The current compensation for commissioners, after an annual adjustment based on the consumer price index (CPI), is $17,420 per year, while it is $21,776...