Category Archives: Business News
THE CLOSING BELL: Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Oil prices rose and U.S. stocks fell after American forces struck Iranian rocket launchers on the Strait of Hormuz, marking the first military ac...
Aug 31, 2026
Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) - The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran. The S&...
Aug 31, 2026
THE CLOSING BELL: The bond market prepares for a hike to interest rates, while US stocks drift lower
By STAN CHOE AP Business Writer NEW YORK (AP) - The bond market swung Friday as investors built bets that the Federal Reserve may hike interest rates soon to get the nation's high inflation under cont...
Aug 28, 2026
Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) - Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise ...
Aug 28, 2026
BEFORE THE BELL: US futures mixed with hopes of more clarity from Fed Chair Warsh in Jackson Hole
By ELAINE KURTENBACH and MICHELLE CHAPMAN AP Business Writers U.S. futures are mixed Friday ahead of an address from Federal Reserve Chair Kevin Warsh in Jackson Hole, Wyoming, during the Fed's annual...
Aug 28, 2026
THE CLOSING BELL: Tech stocks lead Wall Street after Nvidia, Salesforce and others say AI is creating big growth
By STAN CHOE AP Business Writer NEW YORK (AP) - Technology stocks led Wall Street on Thursday after Nvidia, Salesforce and others reported even fatter profits for the spring than analysts expected. Th...
Aug 27, 2026
BEFORE THE BELL: US futures mostly higher as the artificial intelligence business booms
By CHAN HO-HIM and MICHELLE CHAPMAN AP Business Writers US futures are mostly higher as demand for artificial intelligence technology leads to a surge in business for Nvidia and other tech companies w...
Aug 27, 2026
THE CLOSING BELL: Wall Street holds mostly steady following the latest update on inflation
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market drifted through a quiet day of trading Wednesday after a report said inflation was a touch worse last month than economists expect...
Aug 26, 2026
META SETTLEMENT: North Carolina to receive up to $645 million
RALEIGH, N.C. (NCN News) - We're learning more about what North Carolina stands to gain from a multi-billion-dollar settlement with Meta which owns Instagram and Facebook. Meta will pay up to $645 mil...
Aug 26, 2026
BEFORE THE BELL: US futures slip ahead of newest read on inflation and quarterly earnings from Nvidia
By YURI KAGEYAMA and MICHELLE CHAPMAN AP Business Writers U.S. futures slipped Wednesday before the release of critical inflation and economic growth data, as well as quarterly earnings from Nvidia, t...
Aug 26, 2026