Finance

  • Stocks Sink After Weak Economic Report

    by - Apr 30, 2025
    By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks began Wednesday with a thud after a report suggested the U.S. economy may have shrunk at the start of the year. But the big losses soon...
  • U.S. Economy Shrinks 0.3% in 1Q 202

    by - Apr 30, 2025
    By PAUL WISEMAN and CHRISTOPHER RUGABER AP Economics Writers The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business....
  • Wall Street Rises in Worldwide Rally

    by - Apr 23, 2025
    By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are rising Wednesday as a worldwide rally comes back around to Wall Street after President Donald Trump appeared to back off his criticism of the Federal Reserve and his...
  • Powell: Fed Can Wait on Interest Rates

    WASHINGTON (AP) — The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday. “For...
  • Nvidia Dragging Wall Street Down

    by - Apr 16, 2025
    By STAN CHOE AP Business Writer NEW YORK (AP) — Nvidia is dragging Wall Street down on Wednesday after it said new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world...
  • Inflation Declined in March; Gas Prices Drop

    WASHINGTON (AP) — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats. Consumer...
  • U.S. Stocks Dive in Tuesday Trading

    by - Apr 9, 2025
    By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks dove Tuesday following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close,...
  • Oil Prices Fall, Then Recover

    by - Apr 9, 2025
    By MATT OTT AP Business Writer WASHINGTON (AP) — Oil prices swung wildly on Wednesday, sinking to a four-year low in anticipation of slowing economic growth due to a burgeoning trade war, before jumping 2% after President...
  • Worldwide Markets Take Another Dive

    by - Apr 9, 2025
    By Ashley Murray, States Newsroom WASHINGTON – Global markets plummeted Monday for the third consecutive trading day since President Donald Trump announced his “Liberation Day” tariffs – and the administration gave mixed signals on meeting other...
  • Dow Drops 1,500 Points After Tariff Revelation

    by - Apr 3, 2025
    By STAN CHOE AP Business Writer NEW YORK (AP) — Financial markets around the world are reeling Thursday following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst...

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