WASHINGTON (AP) — President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America’s future. In his State of the Union address less than two weeks ago, the ...
WASHINGTON (AP) — American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%. Hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs, the ...
(AP) — American consumers pulled back their spending to start 2026, extending the malaise in retail sales that began late last year. Retail sales fell 0.2% in January, following a flat reading in December, according to the Commerce Department’s report issued on Friday. January’s ...
NEW YORK (AP) — Oil shot to its highest price since 2023 on Friday as the Iran war kept escalating, while a weak update on the U.S. job market highlighted the economy’s precarious position. It all raised the risk of a worst-case scenario for financial markets, and stocks are falling ...
SAN FRANCISCO (AP) — Artificial intelligence’s dystopian specter has spawned a pair of documentaries dissecting a technology that’s depicted in the films as a ravenous parasite devouring humanity’s knowledge, creativity and empathy. The films, “Deepfaking Sam Altman” and ...
MINNEAPOLIS (AP) — Target is investing another $2 billion in its business this year to spruce up its store experience, remodel stores and invest in its workers as it tries to turn around a persistent sales malaise and reclaim its authority on style. The investment, announced Tuesday at its ...
