Saturday December 21st, 2024 6:37AM

AP Business - Economy

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink
U.S. stocks fell to their worst loss since Election Day as the boost that Wall Street got from last week’s victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading
12:11AM ( 1 month ago )
Japan's economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
8:55PM ( 1 month ago )
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
3:01PM ( 1 month ago )
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb
12:01PM ( 1 month ago )
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure
8:40AM ( 1 month ago )
Stock market today: Wall Street drifts after inflation update comes in as expected
U.S. stocks drifted near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
11:09PM ( 1 month ago )
Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
11:09PM ( 1 month ago )
Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
All that’s left is for President-elect Donald Trump to put his name on it — if he wants
12:01AM ( 1 month ago )
The Singles' Day shopping festival loses its shine under China's lagging economy
The Singles’ Day shopping festival is looking less shiny this year as e-commerce firms look abroad for growth
10:57PM ( 1 month ago )