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Federal Reserve could still cut interest rates this year, but for 'bad' reasons
WASHINGTON (AP) — Even as the economy undergoes what may be , the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast it .
Mideast stock markets tumble as US tariffs and low oil prices squeeze energy-producing nations
DUBAI, United Arab Emirates (AP) — Middle East stock markets tumbled Monday as they struggled with the dual hit of and a sharp decline in oil prices, squeezing energy-producing nations that rely on those sales to power their economies and government spending.
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Fear that Trump tariffs will spark recession slashes billions of dollars from US stock values
U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports.
Trump’s tariff push is a race against time, and potential voter backlash
WASHINGTON (AP) — President Donald Trump's flips on its head a decades-long global trend of lower trade barriers and is likely, economists say, to raise prices for Americans by thousands of dollars each year while sharply slowing the U.S. economy.
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China's Xi makes strong push for greater foreign investment as economy continues to lag
BEIJING (AP) — In an address to major global business leaders, Chinese President Xi Jinping urged foreign investors to have faith in China’s business prospects, the latest move to revive the world’s second-largest economy that has been dragged down by a property bust and a loss of momentum.
U.S. economy grew 2.4% in the 4th quarter after upgrade from earlier estimate
WASHINGTON (AP) — The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight of fourth-quarter growth.
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Stock market today: Wall Street rises ahead of Fed announcement
NEW YORK (AP) — U.S. stock indexes are rising Wednesday as Wall Street waits to hear what will say in the afternoon about where interest rates may be heading.
US shoppers modestly increased spending last month as concerns rise about economic outlook
WASHINGTON (AP) — US shoppers stepped up their spending a just bit in February after , signaling that Americans are spending more cautiously as concerns about the direction of the economy mount.
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Business News Digest
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China orders banks to boost lending, credit card use to get consumers to spend more
BANGKOK (AP) — China has ordered banks and other financial institutions to encourage more consumer financing and use of credit cards as part of a campaign to get people to spend more.
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Asian shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs
TOKYO (AP) — Asian benchmarks dove Tuesday, as worries grew about the ripple effects from President Donald Trump's tariffs on regional economies and companies.
Stock market today: Asian stocks are mixed as week starts with uncertainty over tariffs
BANGKOK (AP) — Asian stocks got a mixed start to trading Monday as uncertainty persisted over what President will do with tariffs.
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U.S. economy likely generated a solid 160,000 jobs last month, but Trump's trade wars cloud outlook
WASHINGTON (AP) — The U.S. labor market likely kept on churning out jobs last month, economists say, but the outlook is cloudy and getting cloudier as the Trump administration wages trade wars, purges federal employees and seeks to deport millions of immigrants.
Mortgage rates are declining, finally, but may hover at an uncomfortable level
LOS ANGELES (AP) — Mortgage rates have been , helping encourage prospective home shoppers just as the spring homebuying season gets going.
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China keeps its economic growth target at 'around 5%' for 2025
BEIJING (AP) — China is keeping its economic growth target at “around 5%” for 2025 despite a with the United States and other headwinds.
Asian shares fall after Wall St retreats on fears over hit to the US economy from Trump's tariffs
BANGKOK (AP) — Shares opened lower Tuesday in Asia after U.S. stocks fell sharply just ahead of a new round of higher tariffs imposed by U.S. President .
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America First? Not when it comes to stock markets worldwide
NEW YORK (AP) — When it comes to stock markets around the world, this year has clearly not been “America First.”
Asian shares are mixed after US stocks tumble on worries over tariffs
BANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks fell sharply as reports showed the economy may be suffering as consumers and businesses fret over policies.
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Trump says inflation isn't his No. 1 issue. So what will happen to consumer prices?
WASHINGTON (AP) — Two months ago, in his first network television interview after the election, said he owed his victory to Americans' anger over immigration and inflation, specifically the rising cost of groceries.
Next week: General Motors earnings, Fed policy meeting and the government's first Q4 GDP estimate
A look at some of the key business events and economic indicators upcoming next week.
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China's economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
HONG KONG (AP) — China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, helped by strong exports and recent stimulus measures.
Why are interest rates rising when the Fed has been cutting them?
NEW YORK (AP) — What’s shaking Wall Street seems so backwards.
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Stock market today: Asian shares slide further as rate cut, tariff worries hit market sentiment
BANGKOK (AP) — Shares fell Friday in Asia after U.S. markets were to observe a for former
Stock market today: Asian shares are mostly lower after Wall St holds firm
BANGKOK (AP) — Asian stocks were mostly lower on Thursday after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.
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How the stock market defied expectations again this year, by the numbers
NEW YORK (AP) — What a wonderful year 2024 has been for investors.
An analyst looks ahead to how the US economy might fare under Trump
WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.
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