Economy

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains.The U.S. job market remains strong, consumer spending is resilient and inflation has been slowing. But elevated prices…

Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on consumer credit showed an overall slowdown in the annualized gain for credit…

Here are five key things investors need to know to start the trading day:1. Manic Monday2. Hurricane MiltonA group of lifeguard volunteers load sandbags as part of the precautionary measures for the arrival of Hurricane Milton on October…

WASHINGTON (AP) — President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very strength of a new jobs reportshowed that high inflation remains a recession threat.At the…

The stronger-than-expected hiring pushed Goldman Sachs economist David Mericle to say he now sees just a 15% chance of a recession, down from 20%.But Friday’s jobs report was so strong that it also forced traders to ratchet back…

The "Trump Trade," a bet that the former president will regain the White House as the GOP takes control of Congress, helped push the S&P 500 to a record high in July but steadily unwound after Vice President Kamala Harris replaced…

New Delhi – Nearly three years after toxic gases from a Union Carbide Corporation’s (UCC) factory killed an estimated 15,000 people and left more than half a million seriously ill in the Indian city of Bhopal, a chemical trading firm –…

The Dow Jones Industrial Average and other major indexes closed nearly flat Wednesday, holding some significant chart levels in the stock market today. <span class="shortcode-video"…

NEW YORK (AP) — U.S. stocks rallied Friday after a surprisingly strong report on the U.S. job market raised optimism about the economy. The S&P 500 climbed 0.9% and got close to its all-time…

The stock market rally gave up ground as Iran fired nearly 200 ballistic missiles vs. Israel, which has said it will retaliate. The major indexes retreated but held some key levels. Nvidia (NVDA) rose as CEO Jensen Huang cited "insane"…