Category Archives: Business News
Stock market today: Wall Street rips higher after inflation data and strong bank profits
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo ...
Jan 15, 2025
Stock market today: Wall Street ticks higher after encouraging inflation data
By STAN CHOE AP Business Writer NEW YORK (AP) - Most U.S. stocks are rising on Tuesday following an encouraging update on inflation, but drops for Eli Lilly and some other influential companies are ke...
Jan 14, 2025
Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it
By MATTHEW DALY Associated Press WASHINGTON (AP) - President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by ...
Jan 06, 2025
How the stock market defied expectations again this year, by the numbers
NEW YORK (AP) - What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting in...
Dec 26, 2024
Holiday shoppers increased spending by 3.8% despite higher prices
By ANNE D'INNOCENZIO and HALELUYA HADERO AP Business Writers Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necess...
Dec 26, 2024
Government funding bill clears Congress and heads to President Biden, averting a shutdown
By LISA MASCARO, FARNOUSH AMIRI and MATT BROWN Associated Press WASHINGTON (AP) - Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan tha...
Dec 20, 2024
Stock market today: Wall Street rises to turn a dismal week into just a bad one
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks rose Friday to turn what would have been one of the market's worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1...
Dec 20, 2024
Suspect in UnitedHealthcare CEO killing faces new federal murder charges with his return to New York
By MARK SCOLFORO, MICHAEL R. SISAK and LARRY NEUMEISTER Associated Press NEW YORK (AP) - The suspect in the killing of UnitedHealthcare's CEO was whisked back to New York on a plane and by helicopter ...
Dec 19, 2024
Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. The S&P 500 slipped 0.4%, though it's still near its all...
Dec 17, 2024
Prosecutors charge suspect with killing UnitedHealthcare CEO as an act of terrorism
By JAKE OFFENHARTZ and JENNIFER PELTZ NEW YORK NEW YORK (AP) - The man accused of killing UnitedHealthcare's CEO has been charged with murder as an act of terrorism, prosecutors said Tuesday as they w...
Dec 17, 2024