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Today’s Date
26 December 2024
Finance
Federal Reserves Slows Interest Rate Cuts
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Nov 21, 2024
WASHINGTON (AP) — Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. In...
Wall Street Weakens as Target Tumbles
by
ASSOCIATED PRESS
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Nov 20, 2024
By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are falling Wednesday, led by Target, which lost more than a fifth of its value after the retailer gave a dour forecast for the...
Wall Street Drifts After Inflation Report
by
ASSOCIATED PRESS
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Nov 13, 2024
By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting near their records Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut...
Inflation Rose Slightly in Past Month
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Nov 13, 2024
WASHINGTON (AP) — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to...
Wall Street Makes Bets on Trump’s 2nd Term
by
ASSOCIATED PRESS
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Nov 13, 2024
NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks...
Bitcoin Nears $90K in New Record High
by
ASSOCIATED PRESS
-
Nov 13, 2024
By WYATTE GRANTHAM-PHILIPS AP Business Writer NEW YORK (AP) — As money continues to pour into crypto following Donald Trump’s reelection last week, bitcoin has climbed to yet another record high. The world’s largest cryptocurrency topped...
Federal Reserve to Cut Interest Rates Again
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Nov 7, 2024
WASHINGTON (AP) — Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump’s...
Stocks, Bitcoin Soar After Trump’s Victory
by
ASSOCIATED PRESS
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Nov 6, 2024
NEW YORK (AP) — The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world....
U.S. Economy Grew at 2.8% Last Quarter
by
PAUL WISEMAN, AP Economics Writer
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Oct 30, 2024
WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said...
Wall Street Churns as Alphabet Jumps
by
ASSOCIATED PRESS
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Oct 30, 2024
By STAN CHOE AP Business Writer NEW YORK (AP) — A mixed set of profit reports from giants like Google’s parent company and Eli Lilly has stock indexes basically churning in place on Wall Street Wednesday. The S&P...
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