Category Archives: Business News
Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts
By CHRISTOPHER RUGABER AP Economics WriterWASHINGTON (AP) - Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a n...
Aug 24, 2025
Powell signals Fed may cut rates soon even as inflation risks remain
By CHRISTOPHER RUGABER AP Economics WriterJACKSON HOLE, Wyo. (AP) - Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months ...
Aug 22, 2025
Tariffs aren’t keeping Walmart from attracting shoppers and outpacing Target
By ANNE D’INNOCENZIO AP Retail WriterNEW YORK (AP) - Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financ...
Aug 21, 2025
Palantir, Nvidia and other AI stars dim as Wall Street pulls further from its records
By STAN CHOE AP Business WriterNEW YORK (AP) - Wall Street faded on Tuesday following drops for Nvidia and other stars that have been riding the mania surrounding artificial-intelligence technolo...
Aug 19, 2025
Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady
By STAN CHOE AP Business WriterNEW YORK (AP) - Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than econ...
Aug 14, 2025
Wall Street ticks higher after a rally wrapped around the world
By STAN CHOE AP Business WriterNEW YORK (AP) - U.S. stocks ticked higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.The S&P 500 ro...
Aug 13, 2025
Amazon expands its perishable delivery service, putting pressure on traditional grocers
By ANNE D’INNOCENZIO AP Retail WriterNEW YORK (AP) - Amazon is now rolling out a service where its Prime members can order their blueberries and milk at the same time as their batteries, T-shirt...
Aug 13, 2025
US stocks rally to records on hopes for cuts to interest rates
By STAN CHOE AP Business WriterNEW YORK (AP) - The U.S. stock market rallied to records on Tuesday after data suggested inflation across the country was a touch better last month than econom...
Aug 12, 2025
US inflation held steady last month as tariff hit offset by cheaper gas, food
By CHRISTOPHER RUGABER AP Economics WriterWASHINGTON (AP) - U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overa...
Aug 12, 2025
US stocks slip as Wall Street braces for an update on inflation
By STAN CHOE AP Business WriterNEW YORK (AP) - U.S. stocks edged back from their record heights on Monday in Wall Street's final moves before an upcoming update on inflation.The S&P 500 dipped 0.3...
Aug 11, 2025