Fed rate cut likely this week as dissent grows
WASHINGTON — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral...
Southwest Airlines fine partly waived after 2022 meltdown
The U.S. Department of Transportation is waiving part of a fine assessed against Southwest Airlines after the company canceled thousands of flights during a...
Wall Street edges back as stocks slip from record highs
NEW YORK — U.S. stocks are pulling away from their record heights on Monday. The S&P 500 slipped 0.3% in...
Weaker gas mileage rules won’t cut car prices, experts say
DETROIT — President Donald Trump this week announced plans to weaken rules for how far automakers’ new vehicles need to travel...
Wall Street nears record high as investors eye Fed cuts
NEW YORK — The U.S. stock market is flirting with its all-time high on Friday. The S&P 500 rose 0.2%...
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...
