3+ hour, 17+ min ago  (363+ words) The S&P 500 dropped 1.3% after a report showed U.S. employers cut more jobs last month than they created and after oil prices spiked above $90 per barrel. The combination of a weak economy and high inflation is a worst-case scenario for investors…...

1+ mon, 1+ week ago  (419+ words) Chair Jerome Powell said at a news conference that the economy's outlook "has clearly improved since the last meeting" in December, a development that should boost hiring over time. The central bank in a statement said there were signs the…...

2+ mon, 1+ week ago  (346+ words) Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy " building a wall of tariffs around what used to be a wide open economy. His double-digit taxes on imports from almost every country…...

2+ mon, 2+ week ago  (608+ 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. Economists surveyed by…...

2+ mon, 3+ week ago  (638+ words) The S&P 500 fell 1.2% for its worst day in nearly a month, though it's still not far from its all-time high set last week. The Dow Jones Industrial Average dipped 228 points, or 0.5%, and the Nasdaq composite dropped 1.8%. Slightly more stocks…...

2+ mon, 3+ week ago  (1017+ words) Chair Jerome Powell signaled at a news conference that the Fed would likely hold off on further rate cuts in the coming months while it evaluated the health of the economy. And in a set of quarterly economic projections, Fed…...

3+ mon, 8+ hour ago  (325+ words) Compared with a year ago, overall prices rose 2.8%, up slightly from 2.7% in August. Core prices also rose 2.8% from a year earlier, a small decline from the previous month's figure of 2.9%. "It hasn't really shown any sign of slowing down," Sharif…...

3+ mon, 1+ week ago  (475+ words) The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average long-term mortgage rate fell to 6.23% from 6.26% last week, mortgage buyer Freddie Mac said Wednesday. A year ago,…...

3+ mon, 1+ week ago  (946+ words) The cost of a classic Thanksgiving dinner set for 10 people, at $55.18, is 5% less than the cost in 2024, annual data from the American Farm Bureau Federation shows. While key meal items like turkey and dinner rolls decreased in price this year,…...

3+ mon, 3+ week ago  (747+ words) The S&P 500 sank 1.7% and pulled further from its all-time high set late last month. It was the worst day in a month for the index at the heart of many 401(k) accounts and the second-worst since April's plunge after President…...