News
Editorial: Inflation taps the brakes
3+ hour, 30+ min ago (501+ words) People shop at a mall decorated with holiday lights in Manhattan on Dec. 18, 2025, in New York City. The Labor Department reported Thursday that inflation unexpectedly slowed in November, with the consumer price index rising 2.7% in November from a year earlier....
Average US long-term mortgage rate ticks down to 6.18% this week
1+ day, 13+ hour ago (432+ words) By MATT OTT, AP Business Writer The average long-term mortgage rate fell to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged 6.85%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home…...
Ticker: US drivers are seeing lower gas prices this holiday season
2+ day, 14+ hour ago (255+ words) This'holiday season, many U.S. drivers are getting the gift of lower gas prices. According to data from motor club AAA, December has been the cheapest month for prices at the pump this year. The national average for unleaded gasoline has stayed…...
Cautious shoppers step up spending to start holiday season
2+ day, 18+ hour ago (690+ words) From Nov. 1 through Sunday, cash and credit card sales rose 4.2%, which is less than the 4.8% increase during the same period a year ago, according to Visa's Consulting & Analytics division. The data, which exclude sales from auto dealerships, gas stations, and…...
US stocks rose again in 2025 after overcoming turbulence from tariffs and Trump’s fight with the Fed
2+ day, 18+ hour ago (1110+ words) It was scary because the U.S. stock market plunged to several historic drops on worries about everything from President Donald Trump's tariffs to interest rates to a possible bubble in artificial-intelligence technology. In the end, though, it was a great year…...
Consumer confidence slides in December to lowest level since US tariffs rolled out in April
2+ day, 20+ hour ago (205+ words) U.S. consumers were less confident in the economy in December as Americans remain anxious about still-high prices and the impact of President Donald Trump's sweeping tariffs. By MATT OTT, Associated Press Business Writer [US economy expands at a surprisingly strong 4.3% annual…...
Economía de EEUU creció 4,3% en período julio-septiembre
2+ day, 21+ hour ago (371+ words) El producto interno bruto de julio a septiembre "la producci'n total de bienes y servicios de la econom'a" aument' desde su tasa de crecimiento del 3,8% en el trimestre de abril a junio, inform' el martes el Departamento de Comercio en…...
US economy expands at a surprisingly strong 4.3% annual rate in the third quarter
2+ day, 21+ hour ago (309+ words) U.S. gross domestic product from July through September " the economy's total output of goods and services " rose from its 3.8% growth rate in the April-June quarter, the Commerce Department said Tuesday in a report delayed by the government shutdown. Analysts surveyed by…...
A look at the experts racing to decode Trump’s tariff rules
2+ day, 23+ hour ago (924+ words) By MATT SEDENSKY, Associated Press National Writer Tariffs were imposed in ways she'd never seen. New rules left her wondering what they really meant. Federal workers, always a reliable backstop, grew more elusive. "2025 has changed the trade system," says Magnus....
Wall Street at a standstill in holiday lull ahead of new US economic data
2+ day, 23+ hour ago (582+ words) By ELAINE KURTENBACH and MATT OTT, Associated Press Business Writers Markets are flat early Tuesday in holiday-thinned trading before head of the release of new data on how the U.S. economy fared in the third quarter. Futures for the S&P…...