Category Archives: Business News
THE CLOSING BELL: Stocks fall after a surprisingly strong jobs report raises prospects of an interest rate hike
By ALEX VEIGA AP Business Writer U.S. stocks fell and Treasury yields rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month, a development that could incr...
Sep 04, 2026
PUMP PAIN: US diesel prices hit a record high, pushing up transportation costs for a long list of goods
By WYATTE GRANTHAM-PHILIPS Associated Press CHICAGO (AP) - Diesel hit a new record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time ever as the six-month war wit...
Sep 04, 2026
BEFORE THE BELL: US futures mixed ahead of August jobs report many expect will show a rebound in hiring
By YURI KAGEYAMA and MICHELLE CHAPMAN AP Business Writers U.S. futures are mixed ahead of the crucial August jobs report that could influence the U.S. Federal Reserve and it's next call on interest ra...
Sep 04, 2026
THE CLOSING BELL: Tech stocks lead a rally on Wall Street as bond yields ease some more
By ALEX VEIGA AP Business Writer Stocks on Wall Street closed higher Thursday as a recent run-up in bond yields eased further and big technology companies rallied, helping the market recoup its losses...
Sep 03, 2026
BEFORE THE BELL: US futures mostly lower and oil prices climb due to ongoing clashes around Iran
By CHAN HO-HIM and MICHELLE CHAPMAN AP Business Writers U.S. futures are mostly lower and oil prices continued to climb with the violence in the Middle East ongoing. Iran fired at Kuwait on Thursday i...
Sep 03, 2026
THE CLOSING BELL: Wall Street rises as tech stocks climb and oil prices, bond yields hold relatively steady
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks rose on Wall Street as gains by big technology companies and relatively steady oil prices and bond yields helped boost the market after a ...
Sep 02, 2026
Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says
By AAMER MADHANI and COLLIN BINKLEY Associated Press WASHINGTON (AP) - Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said Tuesday, just days after President Dona...
Sep 01, 2026
Bessent pitches US-backed financial literacy competition to world's largest economies
By FATIMA HUSSEIN Associated Press ASHEVILLE, N.C. (AP) - Driven in part by his own experience with poverty as a child, Treasury Secretary Scott Bessent is pitching a financial literacy campaign to le...
Sep 01, 2026
THE CLOSING BELL: Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed broadly lower Tuesday as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly hi...
Sep 01, 2026
BEFORE THE BELL: Bond sell-off heats up as oil prices continue to rise
By ELAINE KURTENBACH AP Business Writer A heavy sell-off in U.S. government bonds is gaining momentum with anxiety about persistent inflation driving prices lower. The yield on the two-year Treasury, ...
Sep 01, 2026