Aug 16 WATCH: Harris debuts economic proposals to lower costs for Americans By Matt Brown, Makiya Seminera, Associated Press Vice President Kamala Harris will be in the battleground state of North Carolina on Friday to lay out her plans, including a proposal for a federal ban on price gouging on groceries. Continue reading
Aug 15 Wall Street rallies to one of its best days of the year By Stan Choe, Associated Press The S&P 500 jumped 1.6% for its fourth-best day of the year and its sixth straight gain as the U.S. stock market rights itself following a scary few weeks. Continue reading
Aug 15 Americans spent more at retailers in July despite higher prices By Christopher Rugaber, Anne D'Innocenzio, Associated Press Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates. Continue reading
Aug 15 Wally Amos, cookie empire creator and literacy advocate, dies at 88 By Jennifer Sinco Kelleher, Associated Press Amos created the Famous Amos cookie empire and eventually lost ownership of the company — as well as the rights to use the catchy Amos name. Continue reading
Aug 14 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… Continue reading
Aug 14 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. Continue reading
Aug 13 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. Continue reading
Aug 13 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. Continue reading
Aug 12 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. Continue reading
Aug 09 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. Continue reading