Jun 14 Stocks up and down a day after Wall Street sinks into a bear market By Stan Choe, Associated Press Wall Street is wobbling Tuesday in its first trading after tumbling into a bear market on worries central banks will clamp the brakes too hard on the economy. Continue reading
Jun 13 Watch 6:02 Markets plunge amid fears of sharply higher interest rates Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent. The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly. It is now officially a bear market, down… Continue watching
Jun 13 Watch 4:06 News Wrap: Patriot Front members free on bail after arrest at Idaho LGBTQ event In our news wrap Monday, 31 members of a white supremacist group are free on bail in Idaho after being charged for planning violent disruptions at an LGBTQ event, senior officials in Iraq try to form a government after more… Continue watching
Jun 13 Bitcoin prices plunge as major crypto lender halts operations By Ken Sweet, Associated Press The price of bitcoin and other cryptocurrencies are falling Monday, after the major crypto lender Celsius halted all withdrawals citing "extreme market conditions."… Continue reading
Jun 13 Markets tumble worldwide, bear market growls on Wall Street By Stan Choe, Associated Press The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Continue reading
Jun 12 Watch 4:56 Skyrocketing home prices and rents create housing crisis In today's highly competitive housing market, millions of Americans are priced out of buying a home, often competing with all-cash offers well above asking prices. Rents are skyrocketing, too, causing overall housing affordability to collapse at its fastest rate on… Continue watching
Jun 12 Head of WTO anticipates roadblocks as ministers negotiate trade deals By Jamey Keaten, Associated Press At a time when some experts question WTO's future and relevance, Director-General Ngozi Okonjo-Iweala hopes the meeting involving more than 120 ministers from the organization's 164 member countries yields progress toward reducing inequality and ensuring fair and free trade. Continue reading
Jun 11 Nationwide average for gasoline tops $5 per gallon, AAA says By Associated Press Auto club AAA said the average price on Saturday was $5.00. Motorists in some parts of the country, especially California, are paying far above that. Continue reading
Jun 10 Watch 5:01 Inflation rises faster than expected, pinching pocketbooks and spooking the markets New inflation numbers out Friday show the nation's economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more… Continue watching
Jun 10 Watch 2:21 News Wrap: White House lifts COVID requirement for overseas travelers entering the U.S. By PBS NewsHour In our news wrap Friday, the Biden administration says overseas travelers to the U.S. will no longer have to test negative for COVID-19 within a day before they fly after the CDC determined the requirement is no longer necessary, the… Continue watching