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- Stock Market
S&P 500 nears first ‘golden cross’ in 2.5 years, but this doesn’t guarantee more gains ahead
The S&P 500 is on the verge of achieving its first “golden cross” in two-and-a-half years, but that doesn’t mean…
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Biden taps Zients as White House chief of staff
President Joe Biden announced Jeff Zients on Friday as his next White House chief of staff, tapping an experienced technocrat…
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Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation…
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Dow, S&P 500 book third straight day of losses as investors digest mixed signals on economy
U.S. stocks ended lower for a third straight session Thursday as investors weighed mixed signals on the strength of the…
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Alec Baldwin to be charged with involuntary manslaughter in fatal set shooting
SANTA FE, N.M. (AP) — Actor Alec Baldwin and a weapons specialist will be charged with involuntary manslaughter in the…
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U.S. stocks could fall 10% as ‘pain trade’ takes hold before bouncing back later in the year
The year ahead is promising not to be an easy one for investors as a recession threat looms, but Bank…
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2-year Treasury yield drops to 3-month low as U.S. CPI shows inflation slowing further
Treasury yields extended a new-year decline on Thursday, after an eagerly awaited U.S. December consumer-price index reading showed inflation continued…
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Pentagon drops COVID-19 vaccine mandate for troops
WASHINGTON — The Pentagon formally dropped its COVID-19 vaccination mandate Tuesday, but a new memo signed by Defense Secretary Lloyd…
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Dow surges more than 750 points after employment report shows wage gains cooled in December
U.S. stocks were surging late afternoon Friday, with the Dow up more than 750 points, after an employment report showed…
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U.S. adds robust 223,000 jobs in December. Wage growth slows in sign of ebbing inflation pressures
The numbers: The U.S. generated 223,000 new jobs in December to mark the smallest increase in two years, but the…
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