By STAN CHOE NEW YORK (AP) — A surge for Intel following a blowout profit report led the U.S. stock market to more records Friday, while oil prices kept yo-yoing in the wait for what’s next with the Iran war. The S&P…
By MATT O’BRIEN and BARBARA ORTUTAY Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it…
By STAN CHOE NEW YORK (AP) — The U.S. stock market rallied to more records Wednesday after GE Vernova, Boston Scientific and other big companies joined the parade reporting fatter profits for the start of the year than analysts expected. But caution still…
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 STAN CHOE NEW YORK (AP) — The U.S. stock market hit a record Wednesday after adding to its two-week rally built on hopes the war with Iran won’t create a worst-case scenario for the global economy. Whether Wall Street is correct to have so…
By STAN CHOE NEW YORK (AP) — U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario…
By PAUL WISEMAN WASHINGTON (AP) — U.S. wholesale prices surged last month as the Iran war drove up the cost of energy. The Labor Department reported Tuesday that its producer price index — which measures inflation before it hits consumers — rose…
By STAN CHOE NEW YORK (AP) — U.S. stocks rallied Monday and recovered the last of their losses caused so far by the U.S.-Iran war, as Wall Street remains hopeful that the global economy can still avoid a worst-case scenario. The S&P…
By ALEX VEIGA Sales of previously occupied U.S. homes fell in March to their slowest pace nine months, as easing mortgage rates failed to motivate home shoppers during what’s traditionally been the busiest time of the year for the housing market. Existing home…
By STAN CHOE NEW YORK (AP) — Oil prices are plunging back toward $90 per barrel, and stock markets are surging worldwide after President Donald Trump pulled back from his threat to force a “whole civilization” to die in the war with Iran. The S&P 500…
By STAN CHOE NEW YORK (AP) — U.S. stocks drifted higher in hesitant trading on Monday, ahead of a deadline that President Donald Trump has set to bomb Iranian power plants. The S&P 500 rose 0.4%, coming off its first winning week in the…
By CHRISTOPHER RUGABER WASHINGTON (AP) — A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank’s 2% target, the latest sign that some policymakers are moving away from a bias…
By YURI KAGEYAMA and MATT OTT U.S. futures were trading modestly lower early Friday following surprisingly strong jobs data from the federal government. Equities markets are closed for Good Friday, but futures markets were trading into Friday morning, albeit quietly. Futures for S&P…
By STAN CHOE NEW YORK (AP) — Stocks rushed higher worldwide, and oil prices eased Wednesday as hopes built that the war with Iran could end soon. That’s even though some of the signals investors saw as hopeful are already under dispute, and…
By ANNE D’INNOCENZIO NEW YORK (AP) — Shoppers increased their spending in February, particularly on cars and clothing, after pulling back at the start of the year due to severe winter storms. Retail sales rose a better-than-expected 0.6% in February, from…
By STAN CHOE NEW YORK (AP) — U.S. stocks surged to their best day since last spring, and the Dow Jones Industrial Average soared 1,125 points on Tuesday as doubt swung back to hope on Wall Street about a possible end…
By WYATTE GRANTHAM-PHILIPS NEW YORK (AP) — U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war pushes fuel prices to soar worldwide. According to motor club AAA, the national…
By STAN CHOE NEW YORK (AP) — U.S. stocks swung Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end. The S&P 500 slipped 0.4% and deepened its loss since the war began to pull 9.1% below its…
By DEE-ANN DURBIN and MATT SEDENSKY Leslie Sherman-Shafer, an Uber driver in the San Francisco Bay Area, likes to start each shift with a full tank of gas. It used to cost her around $25 to fill up her Toyota Corolla. She’s spent closer to…
OCEAN SPRINGS, Miss. (WXXV)- Progress continues on the construction of two restaurants in the City of Ocean Springs. You may have noticed work picking up speed on…
By STAN CHOE NEW YORK (AP) — U.S. stocks deepened their drops Friday as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years. The S&P 500 fell 1.7% to close its worst week since…
By STAN CHOE NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran. The S&P 500 slumped 1.7% for its worst…
By STAN CHOE NEW YORK (AP) — Hopes for a possible end to the war with Iran pushed stocks higher on Wall Street Wednesday, while oil prices eased. The S&P 500 rose 0.5% in its latest flip - flop after the United States delivered a plan to pause…