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- A picture of Pope Francis hangs beside a sign that reads in Spanish "With debit card 7%, with credit 12% increase," at a vegetable and fruit market in Buenos Aires, Argentina, Thursday, May 11, 2023. According to a recent World Bank Food Security report, Argentina has seen a 107% annual inflation rate in food prices. (AP Photo/Natacha Pisarenko)
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Inflation in Argentina leaves families struggling to feed themselves
By DANIEL POLITI - Associated Press
Fri,05/12/23-12:17PM , 264 Reads
BUENOS AIRES, Argentina (AP) — Gimena Páez could barely pay her bills.
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- A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, May 12, 2023, in Tokyo. Asian shares were mostly lower Friday on looming worries over U.S. banks and lagging demand from China, the region's major driver of growth. (AP Photo/Eugene Hoshiko)
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Stock market today: Wall Street slips as households get more nervous
By STAN CHOE - AP Business Writer
Fri,05/12/23-1:38AM , 684 Reads
NEW YORK (AP) — Another seemingly listless week on Wall Street came to a quiet close on Wall Street Friday, but big worries continue to roil under the surface.
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- A man walks past the Bank of England, at the financial district in London, Thursday, May 11, 2023. The Bank of England is set to raise interest rates later Thursday to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. (AP Photo/Frank Augstein)
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Bank of England raises UK interest rates to highest level since 2008
By PAN PYLAS - Associated Press
Thu,05/11/23-1:12AM , 348 Reads
LONDON (AP) — The Bank of England raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K.
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- A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Friday, May 12, 2023, in Tokyo. Asian shares were mostly lower Friday on looming worries over U.S. banks and lagging demand from China, the region's major driver of growth. (AP Photo/Eugene Hoshiko)
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Stock market today: Asian shares mostly lower on looming worry over US banks, China growth
By YURI KAGEYAMA - AP Business Writer
Thu,05/11/23-1:12AM , 231 Reads
TOKYO (AP) — Asian shares were mostly lower Friday on looming worries over U.S. banks and lagging demand from China, the region's major driver of growth.

“Asian equities struggled for direction after weak inflation data in China pointed to weakening demand,” said Stephen Innes, managing partner at SPI Asset Management.
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