Economy

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WATCH: Trump makes big economic promises and veers off topic during speech in Asheville, NC

By Bill Barrow, Associated Press

Donald Trump made little effort to stay on message Wednesday at a rally in North Carolina that his campaign billed as a big economic address, mixing pledges to slash energy prices and “unleash economic abundance” with familiar off-script tangents on…

Year-over-year inflation hits lowest level in three years, clearing way for Fed to begin cutting rates

By Christopher Rugaber, Associated Press

Measured from a year earlier, prices rose 2.9%, down from 3% in June. It was the mildest year-over-year inflation figure since March 2021.

Trump and Musk discussed firing striking workers. The UAW is now seeking an NLRB investigation

By Tom Krisher, Associated Press

During a discussion about government spending, former President Donald Trump praised Elon Musk for firing workers who went on strike.

In AI race with Apple, Google rolls out Pixel 9 phones earlier than usual

By Michael Liedtke, Associated Press

Google left little doubt that the Pixel 9 phones are meant to be a vessel for the AI technology that is expected to reshape the way people live and work.

Americans are refusing to pay high prices. That might deal the final blow to inflation

By Christopher Rugaber, Associated Press

The economy appears to be returning to pre-pandemic norms, when most companies felt they couldn't raise prices much without losing business.

Wall Street unsteady as markets try to recoup losses from eventful week

By Matt Ott, Associated Press

Broadly strong earnings reports have helped buoy the market in a week that began with an anxious sell-off on concerns about the labor market and broader economy.

Stocks bounce back from worst drop in nearly 2 years

By Stan Choe, Associated Press

Calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987.

Wall Street steadies after worst day in nearly 2 years, economic fears and finance structures blamed

By Stan Choe, Associated Press

Several factors have been behind the recent swoon for markets, including fears about a slowing U.S. economy. Some technical reasons may also be accelerating movements for markets worldwide.

Court rules Google’s search engine dominance is antitrust violation and illegal

By Matthew Barakat, Michael Liedtke, Associated Press

The highly anticipated decision issued by U.S. District Judge Amit Mehta comes nearly a year after the start of a trial pitting the U.S. Justice Department against Google in the country's biggest antitrust showdown in a quarter century.