NEW YORK — The U.S. stock market is drifting Wednesday as Wall Street waits to hear from the Federal Reserve in the afternoon about where it sees interest rates going. The S&P 500 rose 0.1%, coming off a mixed day where falling tech stocks weighed on the index. The Dow Jones Industrial ...
The U.S. Department of Labor told states Wednesday to take immediate action to combat fraud, waste and abuse in their unemployment insurance programs — and that they could have administrative funds withheld if they don't comply. The letters, which went to the governors of every state, are the latest in a series of actions from President Donald Trump's administration focused on fraud, waste and abuse in state-run programs that include federal funding. Like with most of the other similar announcements, the administration focused on issues in states where Democrats control the ...
NEW YORK — A tentative deal to end the Iran war makes it reasonable to ask how soon prices will drop for gasoline, groceries, airline tickets and other items that got more expensive during the conflict. Not so fast, experts say. Even after oil starts flowing again from the Middle East, ...
NEW YORK — Oil prices are sinking again Tuesday and pulled back below $80 per barrel for the first time since early March, while the U.S. stock market drifts near its all-time high. The S&P 500 slipped 0.2% following a rally that's brought it back within 1% of its record set earlier this month. The Dow Jones Industrial Average was up 502 points, or 1%, as of 12:46 p.m. Eastern time, and the Nasdaq composite was 0.5% lower. With optimism continuing that a tentative U.S.-Iran deal on their war will reopen the Strait of Hormuz at the end of the week and get the global flow of oil ...
McDonald's is frying up some apple pies to honor America's 250th birthday. The company said Tuesday it's bringing back fried apple pies for the first time in more than three decades. They'll be available at most U.S. restaurants for a limited time starting June 23. McDonald's is one of several fast food companies offering semiquincentennial treats. Burger King recently debuted its Firecracker Cookie Pie, which has a sugar cookie crust and red, white and blue star-shaped sprinkles. Sonic is offering a red, white and blue slush float for $2.50. Hardee's has an iced Star-Spangled ...
NEW YORK — Stock markets are rallying worldwide Monday, and oil prices are easing after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again. The S&P 500 rose 1.7% on hopes that this time, ...
