By STAN CHOE NEW YORK (AP) — The relief that swept the bond market just a day earlier disappeared on Thursday as oil prices, worries about high inflation and the U.S. government’s debt kept rising. That helped knock the U.S. stock market to its worst day in three weeks,…
By ANNE D’INNOCENZIO NEW YORK (AP) — Walmart reported its slowest growth in U.S. comparable sales in six years during its most recent quarter, and the retailer’s guidance for the rest of the year was seen as cautious by Wall Street.…
WXXV and the Mississippi Gulf Coast Chamber of Commerce introduce you to Chris' Paving LLC! When you need a paving job done right, turn to the experienced team…
REDMOND, Wash. (AP) — Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in a broader…
By KEN SWEET NEW YORK (AP) — A Democratic member of Congress is calling for the federal government to investigate the growing “rent now, pay later” industry, saying Americans may not understand the fees and cost structure of these products as…
Mississippi has reached a new employment milestone. Governor Tate Reeves says the state set a record in May, with more than 1.19 million non-farm jobs added to the state…
By MICHELLE CHAPMAN and DEE-ANN DURBIN Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands. Yum Brands said Tuesday that the private equity firm LongRange Capital…
By CHRISTOPHER RUGABER WASHINGTON (AP) — Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May…
GULFPORT, Miss. (WXXV)- There’s a new spot on the Coast serving breakfast, lunch, and a taste of local history. The wait is finally over. The Downtowner is officially…
By CHRISTOPHER RUGABER and PAUL WISEMAN WASHINGTON (AP) — A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped…
Mississippi Gulf Coast Chamber of Commerce Director of Communications and Marketing, Bryce Gangi, introduces us to May's Chamber Member Spotlight business: the Ohr O'Keefe Museum of Art. For…
By ANNE D’INNOCENZIO NEW YORK (AP) — More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers’ most urgent product needs in a half-hour or less…
By STAN CHOE NEW YORK (AP) — The U.S. stock market fell from its records Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market. Stocks that had been caught up in the euphoria…
By STAN CHOE A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run Tuesday. The S&P 500 fell 0.2% from its all-time high set the day before. The Dow Jones Industrial Average added 56 points, or 0.1%, while the…
By STAN CHOE NEW YORK (AP) — U.S. stocks fell from their records Thursday after oil prices yo-yoed as Wall Street waits to see whether its hopes for a deal to end the Iran war are warranted or just wishful. The price for a barrel…
By JOSH BOAK WASHINGTON (AP) — President Donald Trump said in a Thursday social media post that goods from the European Union would face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4. The announcement…
By STAN CHOE NEW YORK (AP) — The U.S. stock market fell from its record heights Monday, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran. The S&P 500 sank 0.4%, coming off its latest…
By JOSH BOAK WASHINGTON (AP) — President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment. Trump said…
By MICHELLE PRICE and RIO YAMAT WASHINGTON (AP) — President Donald Trump on Friday said he’s still weighing a taxpayer-funded takeover of Spirit Airlines. The president didn’t offer details about the proposal but told reporters as he prepared to leave the White House for a…
By STAN CHOE NEW YORK (AP) — Oil prices climbed Monday following the latest rise of tensions between the United States and Iran, but the moves were more modest than they were earlier in the war. U.S. stocks, meanwhile, gave back a bit of their record-breaking rally.…
By MAE ANDERSON NEW YORK (AP) — A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. Importers and their brokers will be…
By MICHAEL LIEDTKE Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than $3.6 trillion during an iPhone-fueled…
By ANNE D’INNOCENZIO NEW YORK (AP) — Walmart is redesigning the packaging of its Great Value store brand to help customers instantly spot whether that bag of spicy chips is gluten free or how much protein is packed in its chicken…
