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News
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
3+ hour, 5+ min ago (1829+ words) What’s for dinner? Lately, at Apral Jack’s house, it’s whatever is on sale. Jack scouts an app for deals at her local supermarket before she buys groceries. When she reaches the store, she grabs the weekly circular to look for…...
Boomerang Greensboro attracts natives back to Triad, returns millions to the economy
1+ mon, 3+ week ago (315+ words) GREENSBORO, N.C. (WGHP) — An economic survey details millions of dollars generated for the regional economy thanks to a program that brings people back home. In late 2020 to early 2021, Action Greensboro launched the Boomerang Greensboro initiative. It aims to connect Gate City…...
Fed keeps key rate unchanged as Powell vows to stay until DOJ investigation is finished
4+ mon, 6+ day ago (815+ words) Fed policymakers maintained their forecast for an additional rate cut this year, but in a news conference, Powell suggested that the central bank remains concerned about inflation that was still stubbornly elevated even before the conflict’s impact on gas prices....
Oil prices resume their rise, but US stocks hold steadier this time around
4+ mon, 1+ week ago (685+ words) The S&P 500 rose 0.2% to add to its gain from the day before, which was its biggest since the war began. The Dow Jones Industrial Average climbed 46 points, or 0.1%, and the Nasdaq composite rose 0.5%. On Tuesday, the price for a…...
How Poland went from post-Communist wreck to one of the world’s 20 biggest economies
4+ mon, 1+ week ago (977+ words) It’s a historic leap from the post-Communist ruins of 1989-90 to today’s European growth champion that economists say has lessons on how to bring prosperity to ordinary people — and that the Trump administration says should be recognized by Poland’s presence at…...
US stocks lose ground as war with Iran keeps pressure on oil prices
4+ mon, 1+ week ago (818+ words) Wall Street’s losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. The S&P 500 fell 0.6% after having been up as much as 0.9% in the…...
US stocks hold steadier as Wall Street waits for the next signal on how long war with Iran may last
4+ mon, 2+ week ago (771+ words) The S&P 500 dipped 0.2%, a day after its latest wild swings caused by extreme moves in the oil market. The Dow Jones Industrial Average fell 34 points, or 0.1%, and the Nasdaq composite edged higher by less than 0.1%. Oil prices, meanwhile, remained…...
US stocks hold steadier a day after slumping on AI worries
5+ mon, 22+ hour ago (498+ words) The S&P 500 rose 0.1%, a day after sliding 1%. The Dow Jones Industrial Average was up 219 points, or 0.4%, as of 10:05 a.m. Eastern time, and the Nasdaq composite was 0.2% higher. Advanced Micro Devices helped lead the market and climbed 7% after announcing a multiyear…...
Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
6+ mon, 2+ week ago (629+ words) Trump was not clear in his social media post Friday night whether a cap might take effect through executive action or legislation, though one Republican senator said he had spoken with the president and would work on a bill with…...
Stocks close slightly lower in quiet post-Christmas trading
6+ mon, 4+ week ago (278+ words) The S&P 500 index fell 2.11 points, less than 0.1%, to close at 6,929.94, the Dow Jones Industrial Average fell 20.19 points, also less than 0.1%, to 48,710.97 and the Nasdaq composite fell 20.21 points, or 0.1%, to 23,593.10. Institutional investors are largely closed out of their positions for…...