Warsh risks unnerving financial markets with less communication from the Fed
WASHINGTON (AP) — The Federal Reserve has for decades moved steadily from a remote, opaque government agency that…
Prices for gas, groceries and flights likely won’t drop quickly even when the Iran war ends
NEW YORK (AP) — A tentative deal to end the Iran war makes it reasonable to ask how…
America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire
The economy, inflation and how those forces could impact the lives of Americans were front and center over…
Jobless claims tick up to 229,000, the highest since February as Iran war headwinds bite
WASHINGTON (AP) — U.S. applications for jobless aid rose modestly last week, but remain at a historically low…
Argentina’s inflation slows in May, a win for President Javier Milei
BUENOS AIRES, Argentina (AP) — Argentina’s inflation slowed for the second straight month in May, economic data released…
US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022
WASHINGTON (AP) — U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by…
Average US long-term mortgage rate rises to 6.52%, just below its high for the year
The average long-term U.S. mortgage rate ticked up this week to just below its high for the year,…
US jobless aid filings rise to 229,000 last week, remain historically low despite war
WASHINGTON — U.S. applications for jobless aid rose modestly last week, but remain at a historically low level…
AI stocks keep swinging sharply and drag Wall Street with them
NEW YORK (AP) — Artificial-intelligence stocks are yo-yoing Wednesday, as the former superstars of Wall Street continue to…
Economists: Inflation likely rose to 4.2% in May, the third straight monthly jump
WASHINGTON (AP) — Consumer prices probably jumped in May for the third straight month, heightening concerns for the…
More swings for AI stocks drag Wall Street back on the roller coaster
NEW YORK (AP) — Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling on Tuesday. The…
May home sales jump is the biggest in what has been a sluggish year
Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround…