Jan 23 Watch 6:03 How the rise of artificial intelligence is boosting tech stocks By Geoff Bennett, Shoshana Dubnow Rallies have driven both the Dow Jones Industrial Average and the much larger S&P 500 to record highs this week. There are several reasons for that, including investors’ assessments of the economy right now and where it will be in… Continue watching
Jan 17 Retail sales were up 0.6 percent this holiday season, fueled by a strong job market By Anne D'Innocenzio, Associated Press While consumers continue to face higher borrowing costs and prices, spending is being fueled by a strong job market and rising wages. Continue reading
Jan 15 Iowa caucusgoers see immigration as more important than the economy, AP VoteCast says By Josh Boak, Linley Sanders, Associated Press Iowa Republicans are headed to their state’s caucuses Monday with a greater desire to focus on immigration than address the health of the U.S. economy – a possible sign that cultural fights might be eclipsing pocketbook issues as a motivator. Continue reading
Jan 10 U.S. adults across racial groups agree the economy is a top priority, AP-NORC and AAPI Data polls show By Matt Brown, Linley Sanders, Associated Press Black, white, Hispanic and Asian adults in the U.S. largely agree that the government should focus on the economy and foreign policy issues in 2024. Continue reading
Jan 05 Watch 11:37 Brooks and Capehart on Supreme Court deciding if Trump can remain on ballots By Amna Nawaz, Ali Schmitz New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Amna Nawaz to discuss the week in politics, including the question of whether former President Trump can remain on the ballot is in the hands of… Continue watching
Dec 29 Watch 5:56 How the economy upended expectations of a recession in 2023 By Geoff Bennett, Shoshana Dubnow It was a year in which many experts got a lot of things wrong about the economy. Many economists believed the Fed's battle to tame inflation with interest rate hikes would trigger high unemployment and a recession. Instead, inflation was… Continue watching
Dec 08 Watch 5:40 News Wrap: Labor report shows economy added 199,000 jobs, unemployment drops to 3.7% In our news wrap Friday, the latest jobs report shows U.S. employers added a net 199,000 employees in November, a federal appeals court largely upheld a gag order on former President Trump in his 2020 election interference case, a pregnant… Continue watching
Nov 23 Retailers hoping for Black Friday boon even as shopping slowdown is expected By Anne D'Innocenzio, Associated Press NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements. Continue reading
Nov 14 Watch 6:29 Treasury Secretary Yellen on economic competition and cooperation between U.S. and China By Geoff Bennett, Stephanie Kotuby, Alexa Gold This week is an important moment in the strained and often tense relationship between the U.S. and China. President Biden and Chinese President Xi Jinping will meet face to face in San Francisco on Wednesday as part of the Asia… Continue watching
Nov 14 U.S. inflation cooled in October, driven lower by cheaper gas, cars and airfares By Christopher Rugaber, Associated Press Tuesday's report from the Labor Department showed that prices either fell or rose only slowly across a broad range of goods and services, including gas, new and used cars, hotel rooms and housing. Continue reading