WASHINGTON (AP) — With their $26.5 billion merger hanging in the balance, top executives of T-Mobile and Sprint are taking their case to Congress, arguing that joining their companies won’t hurt competition or jack up consumer prices for wireless service. But they’re likely to face a skeptical audience at a hearing Wednesday. The deal, which … Continue reading WASHINGTON | T-Mobile, Sprint execs defending merger to lawmakers
WASHINGTON— U.S. consumer prices were unchanged in November, the best performance since prices actually fell eight months ago. The docile inflation reading reflected a big drop in the cost of gasoline and other energy products. The Labor Department said Wednesday that the unchanged inflation reading last month followed a 0.3 percent jump in prices in … Continue reading WASHINGTON | US consumer prices flat in November as energy plunges
NEW YORK— The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening modestly lower on Wall Street following volatile trading in Asia and Europe. U.S. markets are coming off their steepest losses in eight months. A report showing only a modest pickup in consumer prices seemed to calm investors just … Continue reading NEW YORK | Markets Right Now: US stocks open with modest losses
WASHINGTON — US consumer prices up slight 0.1 percent in September as energy prices retreated after big gain. By Associated Press
WASHINGTON— Consumer prices edged up a slight 0.1 percent in September as energy prices retreated after a big gain in August. The Labor Department said Thursday that the September gain in its closely watched consumer price index followed a 0.2 percent rise in August. It was the smallest monthly gain since June. Inflation has been … Continue reading WASHINGTON | US consumer prices up slight 0.1 percent in September
