Recent Articles from Associated Press
US consumer confidence falls on inflation, weak jobs
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
US job openings barely budged in August at 7.2 million
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
Frank founder Charlie Javice gets 7 years for fraud
Charlie Javice, founder of student aid startup Frank, was sentenced to over 7 years for defrauding JPMorgan in a $175M deal.
Trump’s trade battle with China puts soybean farmers in peril
China stops buying U.S. soybeans, leaving Virginia farmers with fewer export markets. Simultaneously, farmers face rising expenses.
Wall Street rises as tech stocks rebound ahead of jobs data
NEW YORK (AP) — Wall Street ticked higher on Monday as technology stocks recovered some of their losses from late last week. The S&P 500 added 0.3%. The Dow Jones Industrial Average rose 68 points, or 0.1%, and the Nasdaq composite climbed 0.5%. All three are near their all-time highs set a week ago. Big Tech stocks ticked […]
CSX replaces CEO amid investor pressure, names Steve Angel
CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or fire outgoing CEO Joe Hinrichs. The outgoing CEO, who came to the railroad in 2022 after a long career […]
FAA restores Boeing’s self-certification for 737 Max, 787
The FAA restored Boeing’s authority to self-certify 737 Max and 787 jets after years of oversight, as new international aircraft orders boost sales.
Trump slaps tariffs on drugs, furniture, trucks
Starting Oct. 1, Trump will impose tariffs of up to 100% on drugs, cabinets, furniture and heavy trucks, citing national security.
30-year U.S. mortgage rate edges up to 6.3%
The average 30-year U.S. mortgage rate rose to 6.3%, ending a four-week decline, according to Freddie Mac.
Amazon to pay $2.5B in FTC Prime membership settlement
Amazon will pay $2.5B to settle FTC claims it tricked customers into Prime memberships and made cancellations difficult.