Business

Jerome Powell Leaves Fed After Inflation Fight and Trump Clashes

Jerome Powell Leaves Fed After Inflation Fight and Trump Clashes/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Jerome Powell is stepping down as Federal Reserve chair after navigating inflation spikes, pandemic…

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Home Foreclosures Jump 26% Nationwide as Red States Hit Hardest

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Wall Street Drops as Oil Prices Shake Global Markets, AI Stocks Led Selloff

US Approves Nvidia H200 AI Chip Sales to Chinese Tech Giants

May 14, 2026

US Approves Nvidia H200 AI Chip Sales to Chinese Tech Giants/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ The US approved Nvidia H200 AI chip sales to major Chinese firms including…

US Retail Sales Slow as Rising Gas Prices Squeeze Shoppers

May 14, 2026

US Retail Sales Slow as Rising Gas Prices Squeeze Shoppers/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ US retail sales slowed in April as rising gasoline prices left consumers with less…

US Jobless Claims Rise to 211,000 as Iran War Clouds Economic Outlook

May 14, 2026

US Jobless Claims Rise to 211,000 as Iran War Clouds Economic Outlook/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ New US unemployment claims climbed to 211,000 last week as economic uncertainty…

Stock Market Hits More Highs as Cisco Leads Tech Rally

May 14, 2026

Stock Market Hits More Highs as Cisco Leads Tech Rally/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Wall Street climbed toward fresh record highs Thursday as Cisco Systems delivered stronger-than-expected earnings…

Wall Street Mixed as Inflation Data Offset Tech Stock Recovery

May 13, 2026

Wall Street Mixed as Inflation Data Offset Tech Stock Recovery/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Wall Street traded mixed Wednesday as rising inflation concerns weighed on investors despite a…

US Wholesale Inflation Jumps 6%, The Highest Increase Since 2022

May 13, 2026

US Wholesale Inflation Jumps 6%, The Highest Increase Since 2022/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. wholesale inflation surged in April as the Iran war drove energy prices sharply…

Kevin Warsh Moves Closer to Becoming Federal Reserve Chair

May 12, 2026

Kevin Warsh Moves Closer to Becoming Federal Reserve Chair/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Kevin Warsh moved closer to becoming the next Federal Reserve chair after clearing a key…

Wall Street Pulls Back as AI Stocks Slide and Inflation Rises

May 12, 2026

Wall Street Pulls Back as AI Stocks Slide and Inflation Rises/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Wall Street’s record-setting rally slowed Tuesday as rising oil prices and weakness in…

US Inflation Surges 3.8% as Iran War Drives Energy Prices Higher

May 12, 2026

US Inflation Surges 3.8% as Iran War Drives Energy Prices Higher/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ U.S. consumer prices rose sharply in April as the ongoing Iran war fueled…

US Stocks Hold Near Records As Oil Prices Climb After Trump Rejects Iran Proposal

May 11, 2026

US Stocks Hold Near Records As Oil Prices Climb After Trump Rejects Iran Proposal/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Oil prices climbed Monday after President Donald Trump rejected Iran’s…

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