News
World shares are mixed in the final stretch of 2025
3+ hour, 40+ min ago (490+ words) Crude oil prices edged higher and gold and silver resumed their ascent. U.S. futures were flat. In Tokyo, Japanese Prime Minister Sanae Takaichi rang out the final session for 2025 in a traditional year-end ceremony. "By realizing a Japanese economy that earns…...
57% of Americans think country is in a recession, but it’s not
17+ hour, 47+ min ago (339+ words) A majority of Americans surveyed in a recent poll believe the U.S. is in a recession, but that's not the case. Why are people feeling down about the economy even if some economic indicators are up? According to the results of…...
Trump says tariffs have created ‘great wealth’— where is it?
2+ day, 19+ hour ago (272+ words) Tariffs are creating GREAT WEALTH, and unprecedented National Security for the USA," said President Donald Trump in a Saturday Truth Social post. So, why are Americans still feeling down about the economy? A few hours before Trump posted, The Washington…...
European Central Bank leaves rates unchanged with economy showing signs of modest growth
1+ week, 4+ day ago (410+ words) Bank President Christine Lagarde said that while the economy had remained "resilient," there was too much uncertainty over trade and international conflicts to give any hints about future moves. "We reconfirmed that we are in a good place" with interest…...
U.S. trade deficit drops 24% in August as Trump's tariffs reduce imports
1+ mon, 1+ week ago (370+ words) In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the the gap between what the United States buys from other countries and what it sells them fell to $59.6 billion…...
Wall Street falls and is headed for a losing week
1+ mon, 3+ week ago (679+ words) The S&P 500 fell 1.2% in afternoon trading. The Dow Jones Industrial Average fell 372 points, or 0.8%, as of 12:12 p.m. Eastern time. The Nasdaq composite slumped 2%. The market was weighed down by technology stocks, especially several big names with huge valuations that give…...
Trump administation narrows list of potential Federal Reserve chairs to 5
2+ mon, 2+ day ago (752+ words) On an Air Force One flight to Asia with President Donald Trump, Bessent said he would engage in a second round of interviews in the coming weeks and present a "good slate" of candidates to Trump "right after Thanksgiving." Trump…...
Wall Street rises to more records
3+ mon, 2+ week ago (712+ words) The S&P 500 rose 0.3% and squeaked past its all-time high set last week. The Dow Jones Industrial Average climbed 196 points, or 0.4%, while the Nasdaq composite gained 0.4%. They likewise set records. Traders have become convinced that the Federal Reserve will cut…...
Wall Street steadies itself as Alphabet pulls tech stocks higher
3+ mon, 3+ week ago (681+ words) The S&P 500 added 0.3% and was on track to break its two-day losing streak since setting its latest all-time high. The Dow Jones Industrial Average was down 150 points, or 0.3%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.9% higher. Google's…...
Key US inflation gauge holds mostly steady though core inflation ticks higher
4+ mon, 20+ hour ago (392+ words) Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Excluding the volatile food and energy categories, prices rose 2.9% from a year earlier, up from 2.8% in the previous month…...