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Wall Street drifts closer to its record ahead of Friday’s jobs report
Jun 5, 2025

Wall Street drifts closer to its record ahead of Friday’s jobs report

U.S. stocks edged higher after Trump said trade talks with China will resume, signaling easing tensions. Markets await key jobs report Friday.

FILE - A hiring sign is displayed at a grocery store in Northbrook, Ill., Tuesday, Jan. 21, 2025. (AP Photo/Nam Y. Huh)
Jun 5, 2025

The number of Americans filing for jobless benefits last week rises to highest level in eight months

Unemployment claims rose to 247,000, an 8-month high, as tariff uncertainty and corporate job cuts weigh on the U.S. labor market and economic outlook.

Wall Street’s rally slows following discouraging updates on economy
Jun 4, 2025

Wall Street’s rally slows following discouraging updates on economy

U.S. stocks edge up as Trump's 50% steel tariffs near and EU-U.S. trade talks begin in Paris; Wells Fargo gains 2.5% after Fed lifts curbs.

President Donald Trump speaks at U.S. Steel Mon Valley Works-Irvin Plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/David Dermer)
May 30, 2025

Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%

WEST MIFFLIN, Pa. (AP) — President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods. Trump spoke at U.S. Steel’s Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania, near Pittsburgh […]

Wall Street glides to the end of its best month since 2023
May 30, 2025

Wall Street glides to the end of its best month since 2023

Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
May 29, 2025

Appeals court allows Trump to continue collecting tariffs under an emergency powers law for now

A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now.

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May 22, 2025

Virginia unemployment rate rises slightly in April to 3.3%

Virginia’s unemployment rates continue to see an incremental rise, according to data from the state’s Department of Workforce Development and Advancement, also known as Virginia Works.

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
May 21, 2025

Target sales drop in 1st quarter and retailer warns they will slip for all of 2025

Target projects lower 2025 sales as tariffs, consumer cutbacks, and backlash over its DEI and Pride merchandise changes weigh on performance.

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
May 21, 2025

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh

Wall Street futures fell after Target’s weak forecast and rising oil prices fueled by reports of possible Israeli action against Iranian nuclear sites.

US stocks drift as S&P 500 flirts with its first drop in 7 days
May 20, 2025

US stocks drift as S&P 500 flirts with its first drop in 7 days

U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.

Stocks, bonds and the dollar drift after the latest downgrade to US government’s credit rating
May 19, 2025

Stocks, bonds and the dollar drift after the latest downgrade to US government’s credit rating

NEW YORK (AP) — After recovering from an initial jolt, U.S. stocks, bonds and the value of the U.S. dollar drifted through a quiet Monday following the latest reminder that the U.S government may be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up by 0.1% after Moody’s Ratings became the last of the […]

Wall Street drifts lower as S&P 500 flirts with its first loss of the week
May 15, 2025

Wall Street drifts lower as S&P 500 flirts with its first loss of the week

U.S. stocks fall as trade war uncertainty persists. Oil prices drop amid possible Iran deal. Market reacts to mixed economic and corporate signals.

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