Finance

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks are drifting around their records on Thursday as technology stocks keep rising and as Wall Street keeps ignoring the shutdown of the U.S. government. The...

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street still doesn’t seem to care much about the latest shutdown of the U.S. government, as stocks drift around their records on Wednesday, but yields are sinking in...

WASHINGTON (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. U.S. gross domestic...

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is falling on Thursday and heading toward a rare three-day losing streak. The S&P 500 sank 0.7% in early trading. That was deeper than...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a more urgent approach. In...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stock indexes are drifting lower on Wednesday as Wall Street takes a pause from what seemed like a relentless rally. The S&P 500 fell 0.3%...

WASHINGTON (AP) — With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might...

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks edged back from their record heights on Tuesday as the countdown ticked toward what Wall Street expects will be the first cut of the year...

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is ticking toward more records on Thursday following mixed U.S. data that likely keeps the path clear for the Federal Reserve to cut interest rates in order to boost the...

WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut...