Friday May 9th, 2025 1:28AM

AP Business - Economy

Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first day of a two-day appearance before Congress
12:59PM ( 2 months ago )
Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency
Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency
12:59PM ( 2 months ago )
Stock market today: Wall Street takes Trump's latest tariff threats in stride, and indexes drift
Wall Street is taking President Donald Trump’s latest threat on tariffs in stride, on the whole, and U.S. stock indexes are drifting higher
10:49PM ( 2 months ago )
US job market likely began the year strong, but faces cloudier future
The U.S. labor market probably started 2025 the way it spent most of last year: generating decent, but unspectacular, job growth
6:43PM ( 3 months ago )
Bank of England cuts key UK interest rate to 4.50% as economy stagnates
The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to post any meaningful growth
1:21AM ( 3 months ago )
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months
1:21AM ( 3 months ago )
Mexican border cities are in limbo as tariff threats spark fears of a recession
President Donald Trump’s threats to impose 25% tariffs on Mexico and Canada have left many cities along Mexico's northern border in limbo
12:13AM ( 3 months ago )
Stock market today: Asian shares rise following Wall Street rally on healthy earnings
Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies
10:11PM ( 3 months ago )
Trump’s tariff tactics carry higher economic risks than during his first term
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade
4:06PM ( 3 months ago )
US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy
U.S. job openings fell in December, a sign that the labor market is cooling but remains healthy
10:11AM ( 3 months ago )