Category Archives: Business News
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
By DAMIAN J. TROISE AP Business Writer Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high. The S&P 50...
Nov 22, 2024
Stock market today: Wall Street weakens as Target tumbles
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks drifted to a mixed finish on Wednesday, though the modest moves for indexes masked some thrashing underneath the surface. Target lost more t...
Nov 20, 2024
Trump and Musk solidify their bond with Texas trip for rocket launch
By CHRIS MEGERIAN and MICHELLE L. PRICE Associated Press WASHINGTON (AP) - Donald Trump, surrounded by family members, aides and allies trekked to Brownsville, Texas, on Tuesday where he listened inte...
Nov 19, 2024
Stock market today: Wall Street holds steadier after losing most of its Trump bump
By STAN CHOE AP Business Writer NEW YORK (AP) - Most U.S. stocks ticked higher Monday to recover some of their sharp slide from last week. The S&P 500 rose 0.4% for its first gain in three days. T...
Nov 18, 2024
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
By DAVID KOENIG AP Airlines Writer Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in trave...
Nov 18, 2024
Stock market today: Wall Street tumbles as the "Trump bump" fades and vaccine makers sink
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks tumbled Friday as the "Trump bump" that Wall Street got from last week's presidential election, along with a cut to interest rates by the Fe...
Nov 15, 2024
Stock market today: Wall Street drifts to a mixed finish after an inflation update
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks drifted to a mixed finish Wednesday after the latest inflation update boosted hopes that more help for the economy will arrive next month th...
Nov 13, 2024
Insurance magnate pleads guilty as government describes $2B scheme
CHARLOTTE, N.C. (AP) - An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty in connection to what prosecutors call a $2 billion scheme ...
Nov 13, 2024
GM recalling big pickups and SUVs because the rear wheels can lock up, increasing risk of a crash
DETROIT (AP) - General Motors is recalling nearly 462,000 pickup trucks and big SUVs with diesel engines because the rear wheels can lock up, increasing the risk of a crash. The recall in the U.S. cov...
Nov 13, 2024
Stock market today: Wall Street drifts as the Trump trade cools
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks drifted lower Tuesday as momentum cooled for the torrid "Trump trade" that swept Wall Street following Donald Trump's presidential victory. ...
Nov 12, 2024