5+ hour, 3+ min ago   (397+ words) The data, released by the Federal Reserve Bank of New York, also show that in the final three months of last year, lower-income and rural households faced higher inflation than higher-income households. The spending data focuses only on goods excluding…...

2+ week, 3+ day ago   (665+ words) The losses were widespread, with nearly every sector losing ground. Major indexes in the U.S. extended losses from last week in what has been a wobbly start to the year. The S&P 500 fell 143.15 points, or 2.1%, to 6,796.86. It is the steepest…...

3+ week, 3+ day ago   (426+ words) DETROIT " President Donald Trump offered a full-throated defense of his sweeping tariffs on Tuesday, traveling to swing-state Michigan to push the case that he's boosted domestic manufacturing in hopes of countering fears about a weakening job market and still-rising prices…...

1+ mon, 5+ day ago   (1122+ words) NEW YORK " The year 2025 was scary good for investors. 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....

1+ mon, 1+ week ago   (336+ words) The losses have little impact on the broader annual gains for major indexes as they close out their final days of the year. There are two trading days left before the year ends. Markets in the U.S. will be closed Thursday…...

1+ mon, 2+ week ago   (308+ 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…...

1+ mon, 2+ week ago   (644+ words) The gains were broad. Technology companies and banks did much of the heavy lifting. Industrial companies also gave a strong push to major indexes. The S&P 500 rose 43.99 points, or 0.6%, to 6,878.49. The Dow Jones Industrial Average rose 227.79 points, or 0.5%, to…...

1+ mon, 4+ week ago   (189+ words) The Labor Department reported Tuesday that employers posted 7.67 million vacancies in October, close to September's 7.66 million. Job openings have come down steadily since peaking at a record 12.1 million in March 2022, when the economy was roaring back from COVID-19 lockdowns. The…...

1+ mon, 4+ week ago   (239+ words) The Fed's 19-member rate-setting committee is sharply divided over whether to lower borrowing costs again. The divisions have been exacerbated by the convoluted nature of the economy: Inflation remains elevated, which would typically lead the Fed to keep its key…...

1+ mon, 4+ week ago   (408+ words) Exports climbed 5.9% from a year earlier in November while imports rose just under 2%. The customs data released on Monday also showed that shipments to the U.S. dropped nearly 29% year-on-year. But as trade with the U.S. weakens, China is diversifying its export markets…...