Category Archives: Business News
Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank
By WILL WEISSERT and MICHELLE L. PRICE Associated Press WASHINGTON (AP) - President Donald Trump on Friday oversaw the White House swearing-in of the new Federal Reserve chair and said he would like K...
Associated Press May 22, 2026
FDA staff blindsided by move allowing more e-cigarettes and nicotine pouches onto US market
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) - Senior officials in the Food and Drug Administration's tobacco center were blindsided by a recent decision that opens the door to allowing more un...
Associated Press May 22, 2026
Before the bell: Wall Street up modestly in premarket trading, oil prices climb on uncertainty over the Iran war
By CHAN HO-HIM and MATT OTT AP Business Writers Wall Street inched toward modest gains in premarket trading Friday as bond yields steadied even though oil prices rose with no signs of progress in endi...
Associated Press May 22, 2026
The Closing Bell: US stocks edge higher following the latest U-turn for oil prices
By STAN CHOE AP Business Writer NEW YORK (AP) - Hour-to-hour swings for oil prices keep jerking financial markets around, and U.S. stocks wavered Thursday following the latest reversal. The S&P 50...
Associated Press May 21, 2026
State files suit on Vinfast construction site, the latest developments
RALEIGH, N.C. (WPTF) -- The lack of progress at the Vinfast auto production site in Chatham County had led to legal action. Attorney General Jeff Jackson filed suit on behalf of the North Carolina Dep...
Bruce Ferrell May 21, 2026
Market Update: US stocks drift after oil prices rise and Nvidia's latest profit report gets a yawn
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market is drifting Thursday following a rebound for oil prices and mixed reports on the U.S. economy. The S&P 500 fell 0.3% and is on...
Associated Press May 21, 2026
Walmart wins over broader swath of consumers, but global uncertainty clouds outlook for retailers
By ANNE D'INNOCENZIO AP Retail Writer NEW YORK (AP) - Walmart delivered another quarter of impressive sales as speedy deliveries and low prices served as a magnet for shoppers across the income spectr...
Associated Press May 21, 2026
The Closing Bell: US stocks rally after pressure eases from the bond market and oil prices fall
NEW YORK (AP) - The U.S. stock market bounced back Wednesday after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains. The S&P 500 climbed 1.1% for...
Associated Press May 20, 2026
Before the bell: Wall Street points toward gains as oil prices fall and bond yields ease
By ELAINE KURTENBACH and MATT OTT U.S. markets are poised to open with gains on Wednesday as bond yields slipped and oil prices fell. Futures for the S&P 500 rose 0.4% while futures for the Dow Jo...
Associated Press May 20, 2026
The Closing Bell: US stocks fall further from their records after bond markets crank up the pressure
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market gave back more of its record-setting rally Tuesday after bond markets rattled by high inflation cranked up the pressure. The S&...
Associated Press May 19, 2026