By Josh Boak, Aamer Madhani, Associated Press
Financial markets closed out the week with yet another head-spinning day, with one of the main indexes, the S&P 500, plunging for almost three hours into bear market territory, signifying a drop of 20 percent or more from its prior…
In our news wrap Tuesday, the FDA authorized Pfizer's low-dose COVID booster for kids 5 to 11 years old, China restricted more Beijing residents to their homes to help control a small outbreak, U.S highway deaths shot up last year…
The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell's high-stakes efforts to curb the highest inflation in four decades.
By Christopher Rugaber, Associated Press
President Joe Biden is vowing to help American farmers try to ease a global spike in food prices following Russia's invasion of Ukraine.
By News Desk and Associated Press
Inflation slowed in April after months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.
By Zeke Miller, Chris Megerian, Josh Boak, Associated Press
President Joe Biden is warning voters unhappy with soaring inflation and his stalled domestic agenda against turning power over to "ultra-MAGA" Republicans in the midterm elections.
By Paul Wiseman, Associated Press
America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
The stock market had its worst day since 2020 on Thursday, just one day after the Dow Jones Industrial Index average posted its best day in years. Washington Post columnist Catherine Rampell joins Judy Woodruff to discuss.
By Damian J. Troise, Alex Veiga, Associated Press
Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation.
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