Ahead Federal Reserve decision, stocks back below records
NEW YORK (AP) — Stocks eased back below their record heights Tuesday as investors waited to hear whether the mixed bag of data coming in about the economy will push…
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More surge in prices squeezed US consumers
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WASHINGTON (AP) — American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since…
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Wendy’s becomes a ‘meme’ stock as indexes close higher
Big Tech companies did well on Tuesday, bringing major indexes higher by the end of the day. Part of it was due to the rise of “meme” stocks. Fastly stock…
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With jobs increase, stocks close showing broad gains
It was a good week for Wall Street, as tech stocks drove the market up. Employers added 559,000 jobs in May, further driving stocks up for a week of broad…
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Stocks fall on Thursday in response to labor market
It was a disappointing day for the stock market Thursday afternoon due to changes in the labor market. Unemployment claims are falling, but labor costs are rising. This is unusual…
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Modest gains for stocks on Wednesday
Today was a pretty good day for the stock market, with modest gains in several areas. AMC Entertainment took a huge jump, nearly doubling. The Associated Press has the story:…
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Stock market ends week with modest gains
Investors appeared to shrug off fears of inflation, ending the stock market this week with modest gains. A few weeks ago, inflation was a factor in stock performance. The Associated…
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Stocks up and down, end somewhat higher
There were lots of gains in the stock market on Wednesday, tempered by declines in health care, technology and other stocks. Smaller company stocks and Treasury yields performed well. The…
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Tech stocks drop, leaving indexes in the red
A late-afternoon sellout of tech stocks left stock indexes in the red Tuesday. Banks, industrial and communication companies also dragged the market down. The Associated Press has the story: Stock…
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Costs are rising, here’s what’s being affected
The prices of numerous commodities surged in April, with some items like lumber reaching an all-time high. There are multiple reasons for the price increases. The Associated Press has the…
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Peloton recalls all treadmills after injuries, death
After becoming one of the most sought after companies for home exercise machines in recent years, the fitness company Peloton has been forced to recall all of its treadmills. The…
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