US threatens 107% tariff on Italian pasta, sparking backlash
PHILADELPHIA (AP) — Steel: 50%. Copper: 50%. Cars: up to 25%. But an even bigger Trump-era levy looms:…
Walmart’s CEO plans to retire in January and his successor is named
NEW YORK (AP) — Walmart CEO Doug McMillon, who turned America’s largest retailer into a tech-powered giant and…
US stocks drop as Nvidia and AI superstars keep weakening
NEW YORK (AP) — The U.S. stock market is slumping on Thursday as Nvidia and other superstars swept…
The Dow rallies toward a record even as Nvidia sags
NEW YORK (AP) — Most of Wall Street is rising on Tuesday, and the U.S. stock market is…
Shutdown leaves a mark on an already-struggling economy, from lost paychecks to canceled flights
WASHINGTON (AP) — The longest federal government shutdown in U.S. history appears to be nearing an end, but…
Flip From AI Rally Chase to Bubble Fear Spurs Options Demand
No matter which way the S&P 500 Index goes after a tumultuous month, options volatility looks to be…
Divided Bank of England holds key interest rate at 4% despite hopes inflation has peaked
LONDON (AP) — The Bank of England appeared deeply divided Thursday as it kept its main interest rate…
Holiday sales to increase to 4.2% amid inflation concerns: National Retail Federation
American shoppers are expected to spend more during the holiday shopping season this year, but the nation’s largest…
Average US long-term mortgage rate ticks up to 6.22% after four straight weekly declines
The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after…
UK Business Warns Against ‘Death by a Thousand Taxes’ at Budget
The UK’s biggest business lobby warned Rachel Reeves against hitting companies with a series of smaller tax rises…
US stocks rise as earnings reports, economic updates pour in
NEW YORK (AP) — Stocks gained ground on Wall Street Wednesday following several upbeat economic updates and a…
Japan’s Toyota, hurt by President Trump’s tariffs, reports a drop in profit
TOKYO — Toyota reported a 7% year-on-year drop in profit for April-September on Wednesday, as U.S. President Donald…