Finance

WASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are holding relatively steady on Thursday following mixed data on the economy, but they’re still potentially on track for their worst week since April....

WASHINGTON (AP) — When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now...

NEW YORK (AP) — Stocks are rising on Wall Street Wednesday, a day after the market’s worst performance in a month. The S&P 500 rose 0.4% in morning trading following a 2.1% drop a day earlier....

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks ticked lower Tuesday and snapped an eight-day winning streak, the longest of the year. The S&P 500 slipped 0.2%, but it’s still just 1.2% below...

WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for...

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are bouncing higher on Wall Street again as a bit more fear washes out of global markets Wednesday following their steep, scary slides that began last week. The S&P...

WASHINGTON (AP) — With the end of their two-year fight against inflation in sight, Federal Reserve officials are likely Wednesday to set the stage for the first cut to their key interest rate in four years, a...