Wall Street hangs near record highs as calm holds
NEW YORK — The U.S. stock market is holding near its records on Thursday, continuing its relatively calm run following weeks of sharp and...
Bessent says Fed board could veto future regional presidents
WASHINGTON — Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank...
US jobless claims fall to 191,000, lowest since 2022
WASHINGTON — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week,...
Costco tariff refund demand grows amid Trump import tax fight
WASHINGTON — Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s...
Wall Street near all-time high 2025 as most stocks rise
NEW YORK — The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit...
Global economy growth 2025 defies US trade war
WASHINGTON — The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization...
US stocks fall as bitcoin drops and rally stalls
NEW YORK — U.S. stocks gave back some of last week’s rally, as bitcoin fell again on Monday. The S&P 500 slipped...
Cyber Monday spending 2025 hits record despite uncertainty
NEW YORK — Deals promoted as some of the best of the holiday season are expected to keep people across...
K-shaped economy explains US inequality as prices rise
WASHINGTON — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly...