Fed’s Cook blasts mortgage fraud allegations against her as ‘baseless’ in letter to AG Bondi
WASHINGTON (AP) — In a letter to Attorney General Pam Bondi on Monday, lawyers for Federal Reserve Governor…
Japan’s economy contracts as exports get hit by US tariffs
TOKYO — Japan’s economy sank at an annualized rate of 1.8% in the July-September period, government data showed…
A slowing wartime economy pushes the Kremlin to tap consumers for revenue
After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is…
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…