Mar 02 U.S. stocks rebound from sharp losses, while oil prices leap on worries about Iran war By Stan Choe, Associated Press Oil prices leaped Monday on worries that war with Iran could clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, swung from sharp losses to a tiny gain. Continue reading
Dec 23 The U.S. stock market had a rocky start to the year, thanks to tariffs and Trump's fight with the Fed. But it's ending on a high note By Stan Choe, Associated Press Outside of stocks, bitcoin soared and then swooned and the "queasy" bond market got Trump's attention. Continue reading
Dec 10 As expected, Wall Street rises closer to its all-time high after the Fed cuts rates By Stan Choe, Associated Press Wall Street loves lower interest rates because they can boost the economy and goose prices for investments, even if they also can worsen inflation. Continue reading
Nov 28 Watch 5:45 PBS News launches 'Settle In' podcast with lessons from the 1929 stock market crash By Amna Nawaz, Diane Lincoln Estes This week we're launching our new video podcast “Settle In.” In the premiere episode, Amna Nawaz has a fascinating discussion with financial journalist Andrew Ross Sorkin about his new book, “1929: Inside the Greatest Crash in Wall Street History and… Continue watching
Sep 04 Wall Street inches higher before the bell ahead of critical jobs data release this week By Associated Press Futures for the S&P 500 and Nasdaq each rose 0.2% before the opening bell Thursday, while futures for the Dow Jones Industrial Average were unchanged. Continue reading
Aug 07 Trump says Intel's CEO must resign, sending its stock tumbling By Michelle Chapman, Associated Press President Donald Trump made a social media post after Sen. Tom Cotton sent a letter to Intel Chairman Frank Yeary expressing concern over CEO Lip-Bu Tan’s investments and ties to semiconductor firms that are reportedly linked to the Chinese Communist… Continue reading
Jul 25 U.S. stocks coast toward the finish of a record-setting week By Stan Choe, Associated Press Wall Street has zoomed higher on hopes that President Donald Trump will reach trade deals with other countries that will lower his stiff proposed tariffs, along with the risk that they could cause a recession and drive up inflation. Continue reading
Jul 04 World shares are mostly down as Trump's tariff deadline looms, while U.S. stocks set records By Associated Press Many of Trump’s stiff proposed taxes on imports are currently on pause, but they’re scheduled to kick in next week unless Trump reaches deals with other countries to lower them. Continue reading
Jun 06 World shares are mixed ahead of Friday's U.S. jobs report By Elaine Kurtenbach, Associated Press A resilient job market has been one of the linchpins that’s propped up the U.S. economy, and the worry is that all the uncertainty created by President Donald Trump’s on-and-off tariffs could push businesses to freeze their hiring. Continue reading
May 27 S&P 500 rallies 2% as Wall Street responds to Trump delay of 50% EU tariffs By Stan Choe, Associated Press They more than recovered their losses from Friday, when Wall Street's roller coaster dropped after Trump announced the tariffs on the European Union. Continue reading