Recent Articles from Associated Press
Powell signals possible Fed rate cut, faces Trump pressure
Powell signals Fed could cut rates by September, balancing inflation and growth risks amid Trump pressure.
European postal services halt U.S. package shipments
Postal services in Germany, Italy, Sweden and more are suspending shipments to the U.S. as new import duties take effect Aug. 29.
Keurig Dr Pepper buys Peet’s for $18 billion and plans split into coffee and beverage companies
Keurig Dr Pepper to buy Peet’s Coffee owner JDE Peet’s for $18B, then split into separate coffee and beverage companies.
Trump says Intel agreed to give US a stake in its company
Trump says Intel agreed to give the U.S. a 10% stake after meeting with CEO Lip Bu Tan, days after he urged Tan to resign over China ties.
Consumer watchdog ends investigation into buy now, pay later company linked to Donald Trump Jr.
The CFPB ended its probe into Credova, a buy now, pay later firm tied to Donald Trump Jr., calling the investigation politically motivated.
Canada will match US tariff exemptions under USMCA trade pact, Prime Minister Carney says
Canada will drop retaliatory tariffs to match U.S. USMCA exemptions, a move Prime Minister Mark Carney says aims to reset trade talks.
Powell signals Fed may cut rates soon even as inflation risks remain
Fed Chair Jerome Powell said a rate cut may come in the months ahead but gave no timing, citing risks from both inflation and unemployment.
Wall Street rallies and the Dow soars 700 points on hopes for lower interest rates
NEW YORK (AP) — Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors and President Donald Trump have been craving so much may be coming soon, though he gave no clear clue about when. The S&P 500 jumped 1.4% and erased all of its […]
Walmart helps pull Wall Street to its 5th straight loss
Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to interest rates. The S&P 500 slipped 0.4%. All its losses have been relatively modest, but it has not risen since setting an all-time high last Thursday. The Dow Jones Industrial Average dropped 152 points, or 0.3%, […]
Trump administration is reviewing all 55 million foreigners with US visas in growing crackdown
WASHINGTON (AP) — The Trump administration said Thursday that it is reviewing more than 55 million people who have valid U.S. visas for any violations that could lead to deportation, marking a growing crackdown on foreigners who are even permitted to be in the United States. In a written answer to a question from The Associated Press, […]