Wall Street week ahead: The market focuses on key inflation updates
NEW YORK (AP) — Wall Street will get several important updates about inflation this week. On Thursday, the…
Wall Street holds mostly steady following the latest update on inflation
NEW YORK (AP) — The U.S. stock market drifted through a quiet day of trading Wednesday after a…
Mortgage rates ease again, but remain higher than this time last year
The average long-term U.S. mortgage rate eased for the second week in a row, but remains elevated compared…
US filings for jobless benefits rise to 199,000 last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy…
Wisconsin’s appeals court overturns ruling striking down anti-union law
MADISON, Wis. (AP) — A Wisconsin appeals court on Wednesday restored a 2011 anti-union law that abolished collective…
Elon Musk’s X Money offers 6% yield and a Visa debit card but it’s invitation only
NEW YORK (AP) — Elon Musk’s social media company X, formerly known as Twitter, launched its own bank…
US stocks rise within 0.5% of their record, even as oil prices keep climbing
NEW YORK (AP) — U.S. stocks ticked higher Wednesday following strong profit reports from BlackRock and other big…
Average 30-year U.S. mortgage rate rises to 6.49%, little changed from its range the past 6 weeks
The average long-term U.S. mortgage rate edged higher this week, staying close to 6.5%, where it’s been the…
US airline fuel bill spikes 78% as global profit outlook is slashed
U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier…
Wall Street’s record run stumbles as oil jumps and AI chip stocks slide
A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run Tuesday. The S&P 500…
Black nonprofits didn’t see lasting philanthropic commitments made after George Floyd’s murder
NEW YORK (AP) — The racial reckoning that followed George Floyd ‘s murder in 2020 carried hopes of…
ECB head Lagarde thinks businesses may be quick to raise prices due to Iran war
FRANKFURT, Germany (AP) — The head of the European Central Bank says that businesses may be quicker to…