By ALEX VEIGA Wall Street’s losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. The S&P 500 fell 0.6% after having been up as much as 0.9%…
By PAUL WISEMAN WASHINGTON (AP) — U.S. job openings rose to nearly 7 million in January, better than expected at a time when the American labor market has looked sluggish. The 6.95 million job postings in January were up from 6.55 million…
By PAUL WISEMAN WASHINGTON (AP) — The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate.…
By STAN CHOE NEW YORK (AP) — The U.S. stock market remained calm Wednesday, even as the price of oil got back to rising. The S&P 500 edged down 0.1% for a second day of modest moves following what had been a wild stretch caused…
By PAUL WISEMAN WASHINGTON (AP) — The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for…
By STAN CHOE NEW YORK (AP) — Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The S&P 500 fell 0.6% and erased what had been…
By STAN CHOE NEW YORK (AP) — The U.S. stock market rebounded Wednesday from two days of punishing swings after oil prices stopped spiking and reports gave encouraging updates on the economy. The S&P 500 rose 0.8% and made back most of its losses since the war with…
By STAN CHOE NEW YORK (AP) — U.S. stocks rose Wednesday and erased their losses for the week so far, as Nvidia and other technology companies led the way. The S&P 500 added 0.8% for a second straight gain following Monday’s swoon, when stocks…
By CHRISTOPHER RUGABER WASHINGTON (AP) — Federal Reserve governor Christopher Waller said Monday that solid job gains in January could mean the central bank can skip a rate cut at its next meeting in March, a decision that would likely spur further attacks by President…
By PAUL WISEMAN WASHINGTON (AP) — U.S. jobs openings were essentially unchanged million last month amid economic uncertainty arising from President Donald Trump’s trade policies and an impending government shutdown. The Labor Department reported Tuesday that job openings blipped up to…
By MATT OTT WASHINGTON (AP) — U.S. consumer confidence declined again in September as Americans’ pessimism over inflation and the weakening job market continued to grow. The Conference Board said Tuesday that its consumer confidence index fell by 3.6 points to 94.2…
By STAN CHOE NEW YORK (AP) — Wall Street rose to more records on Monday at the start of a week that could show whether the U.S. stock market’s big recent rally has been overdone or prescient. The S&P 500 climbed…
By STAN CHOE NEW YORK (AP) — Wall Street’s record-setting run kept rolling on Thursday, and stocks climbed after a mixed set of U.S. data kept the path clear for the Federal Reserve to cut interest rates in order to boost the economy. The S&P…
By MATT OTT WASHINGTON (AP) — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest level in almost four years last week, virtually assuring the Federal Reserve will cut its benchmark interest rate next…
By CHRISTOPHER RUGABER Updated 11:35 AM CDT, September 11, 2025 WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an…
By STAN CHOE Updated 4:23 PM CDT, September 10, 2025 NEW YORK (AP) — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial-intelligence boom. The S&P 500…
By PAUL WISEMAN WASHINGTON (AP) — U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported Wednesday that its producer price index — which captures inflation in the supply chain before it hits consumers — showed that wholesale…
By PAUL WISEMAN Updated 10:15 AM CDT, September 9, 2025 WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000…
By CHRISTOPHER RUGABER Updated 9:55 AM CDT, September 9, 2025 WASHINGTON (AP) — The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday, as stubbornly high inflation offset wage…
By STAN CHOE AP Business Writer U.S. stock indexes inched to more records to kick off a week full of profit updates from big U.S. companies. The S&P 500 rose 0.1% and squeaked past its prior all-time high set on…
By MARY CLARE JALONICK, JOEY CAPPELLETTI and ALAN SUDERMAN Updated 5:00 PM CDT, July 17, 2025 WASHINGTON (AP) — The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the…
By ANNE D’INNOCENZIO Updated 9:29 AM CDT, July 17, 2025 WASHINGTON (AP) — Consumers picked up their spending in June after an earlier pullback, despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% in June, the Commerce…
By JOSH BOAK Associated Press WASHINGTON (AP)- President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%. It was seemingly an attempt to narrow…
By Rob Wile Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda. Inflation for so-called core items, which exclude volatile food and energy prices, climbed 3.3% over the past 12 months, the Bureau…