US factory prices at 34-year high
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US factory prices rise at their highest rate in 34 years, raising inflation fears at a time of interest rate cuts.
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Prices at the wholesale level rose 3.2 percent in November, the biggest increase in 34 years, after a steep increase in wholesale gasoline prices.
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But low-priced imports did hurt US memory makers
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U.S. factory orders rose at the fastest rate in four months during November as strong demand for new commercial aircraft pushed business up by 1.2 percent to a seasonally adjusted &#36;377.42 billion, the Commerce Department said on Tuesday.
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The cost of decommissioning ageing nuclear plants has soared by 12 billion pounds to 73 billion over the past few years, a report said Wednesday.
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Rising petrol and food costs push the price inflation of goods leaving UK factories to a new 16-year high.
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US inflation for all of 2007 hit the highest rate for 17 years, as surging energy and food costs pushed up prices.
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Over the last 40 years, home prices have grown at a rate far exceeding wages.
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Rising energy and employee health-care   costs, as well as high taxes, caused U.S. manufacturers to fall   further behind their foreign rivals in terms of economic   competitiveness, according to a study released on Wednesday.
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The equipment manufacturer may have hit its peak.
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The euro floated near an all-time high above 1.34 dollars as sentiment towards the US currency remained gloomy in the wake of a disappointing American jobs report.
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More cars than light trucks were sold in the U.S. last month, as gasoline prices nationwide soared to more than $3 a gallon.
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WASHINGTON - Factory orders for costly manufactured goods in July recorded the biggest gain in four months. Meanwhile, new-home sales slid, according to a pair of reports that offered a mixed picture of economic activity.
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On Wednesday, the company&#39;s shares (NYSE: DWA) were priced at $28, according to media reports. That was above the $23 to $25 range predicted.
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WASHINGTON Aug. 25, 2004 - America&#39;s factories saw orders for costly manufactured goods in July post the biggest gain in four months, an encouraging sign that the economy is emerging from an early summer funk.
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Gasoline prices have jumped 33 cents a gallon across the United States over the past month -- the result of higher crude oil prices, greater demand and fears of shortages.
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The pound was solid against all currencies, and up against the US dollar, after the Bank of England effectively retained its tightening bias and the Confederation of British Industry reported that factory orders are running at a 12-year high.