Nov 20 Stocks slide on Wall Street over new trade war concerns By Alex Veiga, Associated Press Stocks moved broadly lower in afternoon trading on Wall Street Wednesday as investors turned anxious about the possibility that the U.S. and China may not reach a trade deal before next year. Continue reading
Nov 15 Stocks end week of milestones at new highs. Dow tops 28,000 By Alex Veiga, Associated Press Wall Street closed out the week with more milestones Friday as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Continue reading
Nov 13 Wobbly day on Wall Street ends mixed By Alex Veiga, Associated Press Wall Street capped a wobbly day for stocks with another record-setting finish Wednesday. Continue reading
Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December. Continue watching
May 07 Rising U.S.-China trade tensions rattle financial markets By Alex Veiga, Associated Press The Dow Jones Industrial Average tumbled more than 470 points Tuesday as the U.S. and China moved closer to an escalation of their already costly trade war. Continue reading
Dec 19 WATCH: Fed lifts rates for 4th time this year but sees fewer hikes ahead By Martin Crutsinger, Associated Press The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifted the Fed's benchmark rate to its highest point since 2008. The increase will mean higher borrowing costs for many consumers and businesses. Continue reading
Nov 28 Watch 5:55 News Wrap: Market rises on signs interest rate hikes may slow Wall Street saw gains across the Dow Jones, the Nasdaq and the S&P 500 amidst signs interest rate hikes might slow. Fed chairman Jerome Powell acknowledged that “moving too fast” could jeopardize economic growth, although he also cautioned against going… Continue watching
Nov 28 Powell says U.S. economy healthy and rate hikes aren’t automatic By Martin Crutsinger, Associated Press Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Continue reading
Oct 23 Watch 4:48 News Wrap: Stocks seesaw; Hurricane Willa threatens Mexico’s Pacific coast Tuesday in our news wrap, another choppy day of trading on Wall Street. Stocks fell on lackluster earnings reports and steep losses overseas. Also, Hurricane Willa is making landfall on Mexico's Pacific Coast tonight, with winds diminished to around 120… Continue watching
Aug 22 What the longest bull market in history means for the economy and your investments By Gretchen Frazee Wednesday marked the longest bull market in the stock market's history, and financial analysts say the economy is strong enough that the gains could continue. Continue reading