Economic News
-
US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
U.S. stocks rose to the finish of a wild July as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation
-
Immigration crackdown threatens Haitian caregivers and the seniors who rely on them
A Supreme Court decision allowing the Trump administration to end temporary protected status for hundreds of thousands of Haitians is rippling far beyond immigration courts
-
As progressives seek to take on inequality, some cite religion as a motivating factor
Michigan Democratic U.S. Senate candidate Abdul El-Sayed says his Muslim faith shapes his progressive views
-
Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex
The U.S. Department of Energy is harnessing the artificial intelligence boom in its bid to convert another Cold War-era uranium enrichment site
-
Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations
Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street’s expectations thanks to strong sales of the iPhone and MacBook computers
-
Microsoft's best day since 2008 leads US stocks, while inflation worries remain in the bond market
A monster day for Microsoft following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street, while AI stocks regained some of their sharp recent losses
-
Average 30-year US mortgage rate rises to highest level in a year at 6.66%
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs
-
US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years
-
US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth
-
Bank of England keeps key rate at 3.75% for the fifth time this year
The Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran
- More Economic News »




