Sep 16 Shoppers increased retail spending by 0.6% in August, even as tariffs led to price hikes and hurt jobs By Anne D'Innocenzio, Associated Press Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald Trump’s tariffs are starting to hurt the job market and lead to price increases. Continue reading
Sep 15 Wall Street rises to more records as Tesla vrooms higher By Stan Choe, Associated Press Wall Street rose to more records on Monday at the start of a week that could show whether the U.S. stock market’s big recent rally has been overdone or prescient. Continue reading
Sep 15 Nvidia violated antimonopoly laws, China says By Kelvin Chan, Associated Press The State Administration for Market Regulation also said Monday it would carry out further investigation into Nvidia's acquisition of Mellanox. Continue reading
Sep 12 Wall Street finishes its best week in over a month By Stan Choe, Associated Press Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage rates have already… Continue reading
Sep 12 Boeing workers reject latest contract offer, extending strike at three Midwest plants By Rio Yamat, Mae Anderson, Associated Press Another contract proposal has been rejected by Boeing workers who now have been on strike for nearly six weeks from three Midwest plants where military aircraft and weapons are developed. Continue reading
Sep 12 Russia cuts interest rate to 17% as wartime economy slows while deficit grows By David McHugh, Associated Press The bank’s inflation warnings in its policy statements underlined the stresses in the Kremlin’s wartime economy. Continue reading
Sep 11 U.S. inflation worsened last month, putting Fed in difficult spot as job market slows By Christopher Rugaber, Associated Press The price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures. Continue reading
Sep 10 Watch 5:57 News Wrap: Judge says Fed governor can stay on job as she challenges firing In our news wrap Wednesday, the Trump administration appealed a judge's decision to let Federal Reserve Governor Lisa Cook stay on the job as she challenges her dismissal, three former FBI officials are suing over their firings, an immigration arrest… Continue watching
Sep 10 Cook can remain a Fed governor while fighting Trump’s attempted firing, court rules By Christopher Rugaber, Lindsay Whitehurst, Associated Press The ruling, which will almost certainly be appealed, is a blow to the Trump administration’s efforts to assert more control over the traditionally independent Fed. Continue reading
Sep 09 Watch 6:28 Revised job numbers raise new concerns about economic slowdown By Geoff Bennett, Courtney Norris The Bureau of Labor Statistics says the U.S. job market is much weaker than initially believed. More than 900,000 fewer jobs were added in 2024 and 2025 than previously reported. The BLS issues revisions every year, but this change is… Continue watching