News
US consumer confidence inches higher in April despite Iran war, soaring gasoline prices
2+ hour, 52+ min ago (485+ words) The Conference Board said Tuesday that its consumer confidence index inched up to 92. 8 in April from 92. 2 in March. Though the gauge measuring American consumers" confidence has ticked up the past two months, the reading remains mired near its lowest level…...
Trump's tariffs are hurting American manufacturers instead of helping them
1+ mon, 1+ week ago (1038+ words) But the'tariffs at the core of Trump's economic agenda'have wreaked havoc on his company, Allen Engineering Corp. , which makes industrial equipment used to install, finish and pave concrete. The'import taxes'have raised the costs of engines, steel, gearboxes and clutches made…...
Key inflation gauge worsened in January, before Iran war lifted gas prices
1+ mon, 2+ week ago (227+ words) WHDH The shutdown created a backlog of data that is nearly cleared. Yet excluding the volatile food and energy categories " which the Fed pays closer attention to " core prices rose 3. 1%, up from 3% in the prior month and the highest in…...
Energy prices soar to levels not seen in years as Iran names new supreme leader and digs in
1+ mon, 2+ week ago (707+ words) Oil prices spiked near $120 per barrel before falling back Monday as the'Iran war'intensified, threatening production and shipping in the Middle East and pummeling financial markets. The price for a barrel of Brent crude, the international standard, surged to $119. 50 per barrel…...
The US lost 92, 000 jobs last month as the unemployment rate ticked up to 4. 4%
1+ mon, 3+ week ago (642+ words) Hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126, 000 jobs, the Labor Department reported Friday. Economists had expected 60, 000 new jobs in February. Revisions also cut 69, 000 jobs from December and January payrolls. The surprisingly weak employment picture…...
Dow drops 400 after trimming an early plunge of 1, 200 as oil prices climb even higher - Boston News, Weather, Sports | WHDH 7 News
1+ mon, 3+ week ago (912+ words) By the end of trading, the S&P 500 had sunk 0. 9%. That would be a solid loss on a typical day, but the index had been down as much as 2. 5% in the morning because of worries that the war may do…...
Iran conflict raises concern over fuel prices globally, locally
1+ mon, 3+ week ago (137+ words) BOSTON (WHDH) - The fighting in the Middle East following the attack on Iran Saturday is having an effect at the gas pump. Prices at the pump are jumping as concerns grow over possible disruptions in global crude oil supplies. The…...
Iran conflict raised concern over fuel prices globally, locally
1+ mon, 3+ week ago (137+ words) BOSTON (WHDH) - The fighting in the Middle East following the attack on Iran Saturday is having an effect at the gas pump. Prices at the pump are jumping as concerns grow over possible disruptions in global crude oil supplies. The…...
US stocks erase sharp losses, while oil prices leap on worries about Iran war
1+ mon, 3+ week ago (783+ words) Crude prices jumped more than 6%, which will likely mean higher prices soon at gasoline pumps. That would hurt not only U. S. households, whose spending makes up the bulk of the U. S. economy, but also businesses with big fuel bills. The S&P…...
Supreme Court ruling against Trump's tariffs is unlikely to mean an end to trade policy chaos - Boston News, Weather, Sports | WHDH 7 News
2+ mon, 4+ day ago (932+ words) But the justices" ruling on Friday is nonetheless unlikely to ease the uncertainty over Trump"s trade policy that has'paralyzed businesses'over the past year. "It"s only gotten more complicated for everybody," said trade lawyer Ryan Majerus, partner at King…...