News
US stocks erase a big early loss and rise after oil prices whip from nearly $120 back below $90
8+ hour, 5+ min ago (713+ words) CHICAGO -- The U.S. stock market careened through a manic Monday, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long. Oil prices whipped from nearly $120 per…...
President Trump's 'roaring' economy meets a rough start to 2026: What the latest numbers show
1+ day, 7+ hour ago (121+ words) President Trump's 'roaring' economy meets a rough start to 2026: What the latest numbers show6abc Philadelphia Trump's 'roaring' economy meets a rough start to 2026: What the latest numbers show A thick plume of smoke rises from an oil storage facility hit by…...
Jobs report shows US unexpectedly lost jobs in February
3+ day, 5+ hour ago (467+ words) The fresh data arrived as the Iran War roils markets. The U.S. economy lost jobs in February, marking a major reversal of fortunes for the labor market and nearly erasing all of the job gains delivered a month earlier, government data…...
US stocks erase sharp losses, while oil prices leap on worries about Israel-Iran war conflict
1+ week, 12+ hour ago (30+ words) Oil prices soar and stock prices fall as US-Israel war with Iran rattles markets6abc Philadelphia US stocks erase sharp losses, while oil prices leap on worries about Iran war...
Uncertainty after Trump announces new tariff plan
2+ week, 2+ day ago (459+ words) PHILADELPHIA (WPVI) -- Small business owners say there's uncertainty after President Trump announced plans to impose a new global tariff following a Supreme Court decision that struck down most of his broader tariff agenda. Trump said he would impose a 10% global…...
Would a government shutdown hurt the economy? Experts explain
5+ mon, 1+ week ago (832+ words) The federal government is hurtling toward a possible shutdown at a delicate moment for the nation's economy, as a hiring slowdown stokes recession fears and inflation proves difficult to fully contain. Federal Reserve Chair Jerome Powell last week said policymakers…...
New report by Consumers' Checkbook might change your grocery habits
2+ mon, 2+ week ago (387+ words) PHILADELPHIA (WPVI) -- A new report by Consumers' Checkbook might change your grocery habits and where you shop. They looked at a long list of grocery chains, shopping 150 common items from produce and fresh meat to non-perishables and from store brands…...
Jobs report shows hiring slowdown in November
2+ mon, 3+ week ago (540+ words) The Fed cut interest rates over recent months in an effort to boost hiring. Hiring slowed in November, resuming sluggish performance that has bedeviled the labor market for much of this year and elicited a series of interest rate cuts,…...
Hiring slowed in December, defying Federal Reserve's effort to boost job growth
1+ mon, 4+ week ago (446+ words) WASHINGTON -- Hiring ticked down in December, defying the Federal Reserve's effort to boost hiring with a recent series of interest rate cuts, a jobs report on Friday showed. The reading fell short of economists' expectations. The U.S. added 50,000 jobs in December,…...
Fed cuts interest rates for 3rd time this year
2+ mon, 4+ week ago (429+ words) Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to…...