Finance

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting on Wednesday, as Wall Street’s record-breaking rally slows ahead of a highly anticipated report coming Thursday about the U.S. economy. The S&P 500 was...

WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following two big days bolstered by hopes that the Israel-Iran war will...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting on Wednesday after the Federal Reserve indicated it still may cut interest ratestwice later this year in moves that would boost the economy. The S&P...

WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March. The...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting on Thursday as Wall Street’s momentum cools following a big rally that had brought it to the brink of its record. The S&P...

By CHRISTOPHER RUGABER and ANNE D’INNOCENZIO Associated Press Writers WASHINGTON (AP) — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting near their record on Wednesday after a report suggested President Donald Trump’s tariffs are not pushing inflation much higher, at least not yet. The S&P 500...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting on Wednesday following some potentially discouraging updates on the U.S. economy. The S&P 500 was edging up by 0.1% in midday trading,...

By STAN CHOE AP Business Writer NEW YORK (AP) — A big rally for stocks that began in Asia on Thursday is easing off the accelerator amid uncertainty about what will happen next after a U.S. court...