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Recent Articles from Associated Press
US stocks rise as Wall Street looks to add to its winning streak
U.S. stocks climbed Wednesday as traders grew more confident the Fed will cut interest rates in December, with tech shares and strong retail earnings lifting markets.
Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
A stalled “no-hire, no-fire” economy and rising costs have driven major companies from HP to Amazon to announce large layoffs, deepening worker anxiety.
Fewer Americans sought unemployment benefits last week as job cuts stay low
Unemployment claims fell to 216,000 last week, signaling continued low layoffs even as hiring slows and more jobseekers struggle to find work.
Federal agency boosts size of most single-family loans the government can guarantee to $832,750
FHFA will raise the 2026 conforming loan limit to $832,750 for most US homes, reflecting higher prices. High-cost areas like LA and NYC will exceed $1.24 million
New limits for a rent algorithm that prosecutors say let landlords drive up prices
RealPage agreed to a DOJ settlement banning its rent-pricing software from using real-time confidential data, after allegations of illegal algorithmic collusion.
Stocks climb on hopes for lower interest rates as Dow rallies 660 points
US stocks climbed as bond yields eased and traders priced in strong odds of a December Fed rate cut. Retailers and small-cap stocks led broad market gains.
Best Buy ups sales outlook heading into holiday shopping ramp-up
Best Buy raised its full-year forecast after strong third-quarter results, with computing, gaming and mobile driving 2.7% comparable-sales growth.
Consumer confidence slides as Americans grow wary of high costs and sluggish job gains
U.S. consumer confidence fell to 88.7 in November as inflation, weak hiring and the shutdown weighed on Americans’ views of the economy, survey shows.
Broadcast giant Sinclair makes bid to buy out EW Scripps for $7 per share
Sinclair has made a $7-per-share offer to buy E.W. Scripps, a move that could reshape local TV news as consolidation accelerates across the broadcasting industry.
Stocks rally ahead of Thanksgiving on Fed rate-cut hopes, AI surge
U.S. stocks climbed Monday as investors bet on a December Fed rate cut and AI giants boosted the market ahead of the Thanksgiving holiday.
