Category Archives: Business News
Stock market today: Wall Street drifts to a mixed finish after an inflation update
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month th...
Nov 13, 2024
Insurance magnate pleads guilty as government describes $2B scheme
CHARLOTTE, N.C. (AP) - An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty in connection to what prosecutors call a $2 billion scheme ...
Nov 13, 2024
GM recalling big pickups and SUVs because the rear wheels can lock up, increasing risk of a crash
DETROIT (AP) - General Motors is recalling nearly 462,000 pickup trucks and big SUVs with diesel engines because the rear wheels can lock up, increasing the risk of a crash. The recall in the U.S. cov...
Nov 13, 2024
Stock market today: Wall Street drifts as the Trump trade cools
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks drifted lower Tuesday as momentum cooled for the torrid "Trump trade" that swept Wall Street following Donald Trump's presidential victory. ...
Nov 12, 2024
Trump has promised to 'save TikTok'. What happens next is less clear
By HALELUYA HADERO Associated Press After a tumultuous year filled with anxiety and a legal battle about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its...
Nov 12, 2024
Stock market today: Most of Wall Street rises after the Fed cuts interest rates
By STAN CHOE AP Business Writer NEW YORK (AP) - Most U.S. stocks rose Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% to a...
Nov 07, 2024
Stock market today: Amazon leads Wall Street higher
By STAN CHOE AP Business Writer NEW YORK (AP) - Amazon led U.S. stock indexes higher on Friday, while a surprisingly weak jobs report marred by some unusual occurrences cemented bets on Wall Street fo...
Nov 01, 2024
Stock market today: Nasdaq edges back from its record as chip companies and Eli Lilly slump
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stock indexes edged lower Wednesday after drops for Eli Lilly and chip companies overshadowed a jump for Google's parent company. The S&P 500 s...
Oct 30, 2024
Stock market today: Wall Street finishes mixed after Tesla soars and IBM slumps
By STAN CHOE AP Business Writer NEW YORK (AP) - Wall Street drifted to a mixed finish Thursday after Tesla surged to one of the best days in its history, while IBM slumped to its worst in six months. ...
Oct 24, 2024
Stock market today: Wall Street barely budges as GM's best day in years offsets GE Aerospace tumble
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stock indexes barely budged after a quiet day of mixed trading on Tuesday. The S&P 500 edged down by less than 0.1%. It was a tiny loss, but it...
Oct 22, 2024