NEW YORK (AP) — Stocks edged lower in early trading on Wall Street Friday after Federal Reserve Chairman Jerome Powell gave no clear signal on additional interest rate cuts. Stocks recovered some of their losses from an early slide caused…
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Friday that President Donald Trump's trade wars have complicated the Fed's ability to set interest rate policies but offered no clear signal about further interest rate cuts. Speaking to a gathering…
WASHINGTON (AP) — U.S. long-term mortgage rates are near historically low levels this week with the average on the benchmark 30-year loan falling to its lowest level since November 2016. The low borrowing rates have been a boon for homebuyers,…
WASHINGTON (AP) — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and Congress reached this…
NEW YORK (AP) - Stocks moved broadly higher on Wall Street in early trading Thursday, extending the market's gains from the day before. Technology companies and banks accounted for a big share of the gains as investors welcomed another batch…
WASHINGTON (AP) — The U.S. job market isn't quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department said Wednesday that nearly two-thirds…
NEW YORK (AP) — U.S. stocks marched broadly higher in early trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers. Target and Lowe's surged, leading a rally in retail stocks, as the market bounced…
DALLAS (AP) — Airlines expect record crowds over the week-long Labor Day period, continuing a rise in travel that has boosted the airlines' profits all year. The trade group Airlines for America forecast Tuesday that 17.5 million passengers will fly…
NEW YORK (AP) - Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers. The Trump administration delayed most of the tariffs it planned…
WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection. Exhibiting no such concern,…
NEW YORK (AP) -U.S. stocks moved broadly lower in early trading Tuesday, weighed down by a mixed batch of company earnings and another decline in bond yields. Banks drove much of the selling as investors reacted to the decline in…
BERKELEY HEIGHTS, N.J. (AP) — President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week's steep drop in the financial markets. "I don't think we're having a recession," Trump told…
NEW YORK (AP) - Stocks marched broadly higher on Wall Street in early trading Monday, building on solid gains for the market after a rally late last week. Technology stocks accounted for a big share of the gains after the…
NEW YORK (AP) — U.S. stocks steadied themselves Thursday amid hopes that the heart of the economy — shoppers spending at stores and online — can stay strong and help avert a recession. Caution continued to dominate markets around the…
HOUSTON (AP) — The images of children crying after their parents were arrested in a massive immigration raid in Mississippi revived a longstanding complaint: Unauthorized workers are jailed or deported, while the managers and business owners who profit from their…
NEW YORK (AP) — Stocks sank Wednesday after the bond market threw up one of its last remaining warning flags on the economy. The yield on the 10-year Treasury briefly dropped below the two-year Treasury's yield Wednesday morning. It's rare…
NEW YORK (AP) — And back up goes the stock market. Stocks tore higher Tuesday, continuing their roller-coaster ways, after the latest turn in the U.S.-China trade war flipped investors back to buying mode. This time, it was the United…
PROVIDENCE, R.I. (AP) — Ken White had a good job at a credit card processor for 22 years, but he was laid off in the Great Recession. Today, at 56, White does similar work. Yet everything feels different. He's a…
NEW YORK (AP) — U.S. stocks moved broadly lower in morning trading Monday as investors opened the week heading for safety amid heightened anxiety over the U.S.-China trade war. The early losses come amid a mostly quiet day on Wall…
WASHINGTON (AP) — U.S. wholesale prices ticked up just 0.2 percent in July, the latest sign that inflationary pressures are largely in check. The Labor Department said Friday that the producer price index — which measures price changes before they…
NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are broadly higher on Wall Street at midday as investors get back in a buying mood following a day of whiplash brought…
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors…
NEW YORK (AP) — U.S. stocks fell broadly in midday trading Wednesday as central banks around the world cut interest rates and increased fears that global growth is being crimped by the U.S.-China trade war. Every major U.S. index…
NEW YORK (AP) – Constructed from aspirational Instagram feeds and reality TV, the dream home floats in the imagination like a castle in the sky but dissolves in the rain of hard numbers. Chasing the dream can lure buyers…
NEW YORK (AP) – An underused money tool that could help a new generation of adults on their path to prosperity isn't a smartphone app, a virtual currency or a digital payment system. It's an old-timey credit union. Credit…
NEW YORK (AP) — Amazon's self-driving robots will be roaming the streets of another neighborhood. The online shopping giant said Tuesday that the six-wheeled robots, about the size of a smaller cooler, will begin delivering packages to customers in…
NEW YORK (AP) – A look at some of the key business events and economic indicators upcoming this week: HELP WANTED The number of U.S. job openings has remained mostly steady this year. Employers posted an average of 7.39 million…
WASHINGTON (AP) — The Latest on President Donald Trump and the mass shootings in Texas and Ohio (all times local): 10:40 a.m. President Donald Trump says the nation must reform mental health laws to better identify "mentally disturbed individuals" after two mass…
WASHINGTON (AP) — The Latest on the U.S. employment report for July (all times local): 8:30 a.m. U.S. employers slowed their hiring in July, adding a still-healthy 164,000 jobs to an economy that appears poised to extend its decade-plus…
DETROIT (AP) – Members of a Senate subcommittee clashed with Federal Aviation Administration officials Wednesday, contending the agency was too deferential to Boeing in approving the 737 Max airliner. Senators cited newspaper reports of lax oversight as the jet and…
