May 04 Watch 4:26 Federal Reserve implements largest interest rate hike since 2000 By Paul Solman, Courtney Norris, Ryan Connelly Holmes, Dorothy Hastings The Federal Reserve raised interest rates again Wednesday in an effort to stamp down surging inflation. It increased rates by a half-percentage point, a move that will affect the pocketbooks of millions of Americans. Fed Chair Jerome Powell said more… Continue watching
Apr 27 Wall Street shaky as tech stocks remain volatile By Damian J. Troise, Associated Press Stocks remained shaky in morning trading on Wall Street Wednesday after a big sell-off on tech stocks a day earlier. Continue reading
Mar 07 Wall Street tumbles after oil prices hit $130 per barrel By Stan Choe, Associated Press Stocks are tumbling on Wall Street Monday as another big leap for oil prices threatens to squeeze inflation's grip on the global economy. Continue reading
Feb 22 Wall Street skid continues as Ukraine crisis escalates By Damian J. Troise, Associated Press Stocks shifted between small gains and losses in morning trading on Wall Street Tuesday as tensions escalated in Ukraine over Russia's decision to send forces into that nation's eastern regions. Continue reading
Dec 31 Stocks notch big yearly gain despite ending 2021 on a weak note By Alex Veiga, Associated Press A wave of consumer demand fueled by the reopening of economies pumped up corporate profits more than expected in 2021, which helped keep investors in a buying mood. Continue reading
Oct 29 Stocks edge lower on Wall Street, pulled down by Big Tech By Damian J. Troise, Associated Press Stocks edged lower in midday trading on Wall Street Friday, pulling major indexes back from record highs as investors review the latest round of corporate earnings. Continue reading
Oct 26 Solid earnings drive U.S. stocks further into record heights By Damian J. Troise, Associated Press The S&P 500 was up 0.3%. Big technology companies were doing much of the heavy lifting, and that helped send the Nasdaq up 0.3%. The Dow Jones Industrial Average climbed 0.1%. UPS jumped 7.4% after the package delivery service reported… Continue reading
Sep 30 S&P 500 fell 4.8 percent in September, worst month since March 2020 By Damian J. Troise, Alex Veiga, Associated Press After climbing steadily for much of the year, the stock market became unsettled in recent weeks with the spread of the more contagious delta variant of COVID-19, a sudden spike in long-term bond yields and word that the Federal Reserve… Continue reading
Sep 16 Federal Reserve reviews ethics policies after prolific trading uncovered By Christopher Rugaber, Associated Press The Federal Reserve is reviewing the ethics policies that cover the financial holdings of its senior officials in the wake of disclosures that two regional Fed presidents engaged in extensive trading last year. Continue reading
Jul 19 Stocks skid as investors fear virus surge will dent recovery By Stan Choe, Alex Veiga, Damian J. Troise, Associated Press Stocks skidded on Wall Street and investors sought refuge in government bonds amid worries that a surge in virus infections around the world will threaten the economic recovery. Continue reading