News
America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire
1+ hour, 52+ min ago (1062+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs…...
From unfilled gas tanks to fewer frills, retailers see U. S. consumers rethink their spending
4+ day, 21+ hour ago (1136+ words) NEW YORK " U. S. consumers haven't stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. But the new signs of strain cited by…...
US grocery prices rose in April, but gas spikes weren't the only reason
4+ week, 2+ day ago (525+ words) Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why. Prices for food eaten at home rose 2. 9% in April compared to. .....
Powell plans to remain on Fed board, cites legal actions by Trump administration
1+ mon, 1+ week ago (454+ words) WASHINGTON (AP) " Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month "for a period of time, to be determined," saying the "unpr. .....
Oil prices rise again and world shares retreat on the fragile Iran ceasefire
2+ mon, 4+ day ago (415+ words) Investors were closely watching whether a two-week ceasefire between the United States and Iran was already slipping after a round of intense Israeli strikes on Lebanon that killed and injured hundreds. Iran again closed the Strait of Hormuz, in response…...
Asia shares are mostly lower and oil hovers near $100 a barrel over Iran war worries
3+ mon, 8+ hour ago (486+ words) Tokyo's Nikkei 225 index slipped 1. 3% to 53, 746. 50. Technology-related stocks saw some of the bigger losses, with Soft Bank Group falling 4. 7%. South Korea's Kospi fell 1. 8% to 5, 481. 09. Hong Kong's Hang Seng lost 0. 8% to 25, 523. 60, while the Shanghai Composite index was down 0. 6% at 4, 105. 40. Australia's S&P…...
Trump's "roaring' economy meets a rough start to 2026: What the latest numbers show
3+ mon, 4+ day ago (692+ words) In his State of the Union address less than two weeks ago, the Republican president confidently told the country: "The roaring economy is roaring like never before." The latest batch of data on jobs, pump prices and the stock market…...
US futures and Asian shares open lower, oil prices soar as US and Israel attack Iran
3+ mon, 1+ week ago (669+ words) The future for the S&P 500 sank 1. 4% while the contract for the Dow Jones Industrial Average was down 1. 2%. Shares did fall in most Asian markets but they rose in Shanghai, where higher oil prices lifted some oil company stocks such…...
US stocks wobble after feeling both the upside and downside of a strong jobs report
4+ mon, 1+ day ago (758+ words) After initially rising toward its all-time high, the S&P 500 erased its early advance and then flipped between gains and losses. By 2: 30 p. m. Eastern time, it was up 0. 2%. The Dow Jones Industrial Average fell 34 points, or 0. 1%, and the Nasdaq composite rose…...
US stocks drift near records as yields fall after a discouraging report on US shoppers
4+ mon, 2+ day ago (705+ words) The S&P 500 fell 0. 1% after flipping between modest gains and losses earlier in the day. At one point, it was sitting just above its all-time high set a couple weeks ago. The Dow Jones Industrial Average was adding 120 points, or…...