WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly tough spot as it prepares to cut rates at its meeting next week despite persistent ...
NEW YORK (AP) — U.S. stocks are wobbling lower on Friday as Wall Street questions whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way. After rising to an early gain, ...
(AP) — Shares of American Eagle Outfitters spiked 31% at the opening bell Thursday after the teen clothing retailer said the frenzy surrounding its Sydney Sweeney ad campaign drew new customers during its most recent quarter. American Eagle rolled out its new new ad campaign starring 27-year-old actor over the summer. The fall denim campaign sparked a debate about race, Western beauty standards, and the backlash to “woke” American politics and culture. Negative reactions centered on ads that used the word “genes” instead of “jeans” featuring the blonde-haired, blue-eyed ...
NEW YORK (AP) — Low-value imports lost their duty-free status in the United States on Friday as part of President Donald Trump’s agenda for making the nation less dependent on foreign goods and resetting global trade with tariffs. An executive order eliminated a widely used customs ...
Stocks are losing ground on Wall Street in afternoon trading Friday, pulling the market down from its latest all-time highs, after a closely watched measure of inflation showed prices mostly held steady last month. The S&P 500 was down 0.8% a day after climbing to a record high. The ...
NEW YORK (AP) — Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to interest rates that investors and President Donald Trump crave so much may be on the way. The S&P 500 leaped 1.6%, and its first gain in six days has ...
