US stocks hit another record as Tesla and Nike rally
NEW YORK (AP) — U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500…
How Wall Street shook off tariffs and war to hit a new record
A trade war. A real war with bombs dropped in the Middle East. A barrage of insults hurled…
Major banks pass a less vigorous stress test from the Fed
NEW YORK (AP) — All the major banks passed the Federal Reserve’s annual “stress tests” of the financial…
Key inflation gauge rose last month while Americans cut back on spending
WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain…
The unemployment rate for young college graduates worries many economists
WASHINGTON (AP) — While completing a master’s degree in data analysis, Palwasha Zahid moved from Dallas to a…
Powell says rate cuts can wait, putting Fed chair in conflict with Trump
WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding…
Oil gains 2.6% in reaction to US strike on Iran
NEW YORK (AP) — The price of oil rose and U.S. stock futures fell as global markets react…
Fed projects higher inflation, unemployment in the months ahead
Trump summons Fed’s Powell to tell him he’s wrong on rates U.S. President Donald Trump called Federal Reserve…