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Today’s Date
23 April 2024
Finance
Jobless Claims Fall for 3rd Straight Week
by
ASSOCIATED PRESS
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Mar 2, 2023
By MATT OTT AP Business Writer The number of people applying for unemployment benefits in the U.S. fell for third straight week. That’s good news for American workers, but potentially bad news in the fight against inflation by...
Stocks Slip as Higher Interest Rates Expected
by
ASSOCIATED PRESS
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Mar 1, 2023
By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are slipping Wednesday as Wall Street braces for interest rates to stay higher for longer with inflation remaining stubbornly sticky. The S&P 500 was 0.5%...
U.S. Revises Down 4Q Economic Growth
by
ASSOCIATED PRESS
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Feb 23, 2023
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said Thursday...
Stocks Tick Higher After Long Losing Streak
by
ASSOCIATED PRESS
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Feb 23, 2023
By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are ticking higher on Wall Street Thursday, firming a bit following their longest losing streak in two months. The S&P 500 was 0.5% higher in...
How Credit Scores Are Evolving
by
ASSOCIATED PRESS
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Feb 23, 2023
By CORA LEWIS Associated Press NEW YORK (AP) — A lowcredit score can hurt your ability to take out a loan, secure a good interest rate, or increase the spending limit on your credit card. Some reasons for a...
Wall Street Yo-Yo Swings Back Upward
by
ASSOCIATED PRESS
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Feb 9, 2023
By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are rising on Wall Street Thursday following another mixed batch of earnings reports that included several standouts like The Walt Disney Co.’s. The S&P 500...
Wall Street Rally Takes Hit on Jobs, Profit Data
by
ASSOCIATED PRESS
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Feb 3, 2023
By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street’s rally took a hit Friday after a stunning jobs report showed the U.S. economy created a third of a million more jobs last month than expected,...
US Adds 517K Jobs Despite Fed Hikes
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Feb 3, 2023
WASHINGTON (AP) — America’s employers added a sizzling 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment...
Tech Stocks Jump, Pulling Wall Street Higher
by
ASSOCIATED PRESS
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Feb 2, 2023
By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is rising further Thursday, led by excitement around tech stocks following the earnings report of Facebook’s parent company. The S&P 500 was 0.9% higher...
Powell Likely to Stress Inflation Fight Not Over
by
CHRISTOPHER S. RUGABER, AP Economics Writer
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Feb 1, 2023
WASHINGTON (AP) — Inflation is cooling, and parts of the economy appear to be weakening. But Chair Jerome Powell is likely Wednesday to underscore that the Federal Reserve’s primary focus remains the need to fight surging prices with still-higher interest...
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