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Recent Articles from Associated Press
Stocks hang near their records as hopes for rate cuts underpin markets
U.S. stocks hovered near record highs Tuesday as expectations grew that the Federal Reserve will cut interest rates at its upcoming meeting.
Chief justice lets Trump remove member of Federal Trade Commission for now
WASHINGTON (AP) — Chief Justice John Roberts on Monday let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by Supreme Court. Trump first moved to fire Rebecca Slaughter in the spring, but she sued and lower courts ordered her reinstated because the law allows […]
South Koreans feel betrayed by workforce detentions at Georgia Hyundai plant
SEOUL, South Korea (AP) — South Korea’s foreign minister departed for the U.S. on Monday to finalize steps for the return of several hundred South Korean workers detained in a massive immigration raid in Georgia, a spectacle that has caused confusion, shock and a sense of betrayal among many in the U.S.-allied nation. The Sept. 4 raid on […]
PNC to buy FirstBank for $4.1B, expanding to Arizona, Colorado
NEW YORK (AP) — PNC Financial said Monday that it plans to buy Colorado-based FirstBank for $4.1 billion, giving PNC a substantial presence in the Colorado banking market as well as Arizona. Based in Lakewood, Colorado., FirstBank, which is also branded as 1stBank, is a midsized bank that operates 120 retail branches with $26.7 billion […]
Stocks tick higher after Wall Street flirts with another record
NEW YORK (AP) — Stocks drifted higher on Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next meeting in a week. The S&P 500 added 0.2% and finished just below its record set last week. The Dow Jones Industrial Average rose 114 […]
US housing market shifts toward buyers as prices cool
The U.S. housing market is cooling, with more listings, slower price growth, and seller concessions—though affordability remains limited.
SpaceX, EchoStar strike $17B spectrum deal for Starlink
SpaceX reached a $17B deal with EchoStar for spectrum licenses to expand Starlink, with cash, stock, and debt payments included.
Google hit with $3.5 billion fine from European Union in ad-tech antitrust case
EU slaps Google with $3.5B ad services fine; company calls ruling unfair.
Stocks wobble as Wall Street questions whether the US job market has slowed by enough or too much
Stocks slipped Friday with the S&P 500 down 0.5% as weak jobs data raised questions on Fed rate cuts and fears of a possible downturn.
475 detained in record immigration raid at Hyundai site
U.S. officials detained 475 people in a raid at Hyundai’s Georgia EV plant, the largest single-site immigration enforcement in 20 years.
