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 STAN CHOE NEW YORK (AP) — The U.S. stock market set more records Friday after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected. Easing oil prices also helped steady the stock…
By MATT OTT WASHINGTON (AP) — The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran. U.S. jobless aid applications for…
By STAN CHOE NEW YORK (AP) — More jumps for oil prices sent tremors through the U.S. bond market on Wednesday, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon. But fat profit reports from Starbucks and…
By STAN CHOE NEW YORK (AP) — Sinking AI stocks and another climb in oil prices because of the Iran war helped pull Wall Street off its record heights on Tuesday. The S&P 500 fell 0.5% from its latest all-time high. The Dow Jones Industrial Average…
By MATT OTT WASHINGTON (AP) — U.S. consumer confidence rose modestly in April despite growing anxiety over soaring energy prices brought on by the war in Iran. The Conference Board said Tuesday that its consumer confidence index inched up to 92.8…
By STAN CHOE NEW YORK (AP) — The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched 0.1% higher to its latest all-time…
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…