Wall Street rose to more records on Monday at the start of a week that could show whether the U.S. stock market's big recent rally has been overdone or prescient.
Stocks have rallied with expectations that the Federal Reserve will cut its main interest rate for the first time this year at its meeting next week. Such a move would give the economy a kickstart, and mortgage rates have already dropped in ...
Another contract proposal has been rejected by Boeing workers who now have been on strike for nearly six weeks from three Midwest plants where military aircraft and weapons are developed.
In our news wrap Wednesday, the Trump administration appealed a judge's decision to let Federal Reserve Governor Lisa Cook stay on the job as she challenges her dismissal, three former FBI officials are suing over their firings, an immigration arrest ...
The ruling, which will almost certainly be appealed, is a blow to the Trump administration's efforts to assert more control over the traditionally independent Fed.
The Bureau of Labor Statistics says the U.S. job market is much weaker than initially reported. More than 900,000 fewer jobs were added in 2024 and 2025 than previously reported. The BLS issues revisions every year, but this change is the biggest on ...
The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report. Employers added just 22,000 new jobs in August and revisions show the economy lost 13,000 jobs in June, the first net loss since .. ...
Electricity bills are climbing nationwide, rising faster than inflation in many places. The explosive growth of AI and the massive data centers behind it are driving demand and straining the grid. To explain how this hits consumers, and what can be . ...