Applications for US unemployment benefits fall to lowest level in nearly 50 years
Applications for US unemployment benefits fall to lowest level in nearly 50 years.
US wholesale prices rose 0.6% in March, biggest gain in 5 months, led higher by gas costs
US wholesale prices rose 0.6% in March, biggest gain in 5 months, led higher by gas costs.
World markets mixed on growth, Brexit doubts
Asian markets were mostly lower on Thursday after the U.S. Federal Reserve released minutes of its meeting in March.
Asian shares fall as Fed minutes show data may tweak stance
U.S. stocks moved broadly higher in early trading Wednesday on Wall Street, reversing course from a downturn that ended an eight-day winning streak.
Delta profit surges and releases strong outlook
Delta is reporting a 30 percent profit surge from the first quarter and its outlook for the current quarter is pushing company shares higher before the opening bell.
China's spreading influence in Eastern Europe worries West
Construction of infrastructure such as power plants, mobile networks and bridges is booming throughout cash-strapped countries in central and eastern Europe thanks to Chinese funding, which has the European Union scrambling to counter Beijing's mounting influence.
Live online TV, once a bargain, is getting more expensive
If you signed up to stream live TV in hopes of saving money over traditional cable, you may be in for a rude surprise.
Business Highlights
___ CEOs of big banks face off with House Democrats NEW YORK (AP) — The heads of seven of the largest banks in the U.S. fielded sometimes contentious questions from a House committee Wednesday, some dealing with current risks to the financial systems and other focused on more politically-charged topics.
Houston company recalls some meat, poultry, salad items
A Texas company has recalled more than 3,300 pounds (1496.87
Environmentalists question Pennsylvania's new methane rule
The administration of Democratic Gov. Tom Wolf is pushing a regulation to control methane emissions from existing natural gas facilities that doesn't directly target the potent greenhouse gas, raising alarm among environmental groups.
How major US stock indexes fared Wednesday
Stocks finished higher on Wall Street, enabling the market to recoup some of the ground it lost a day earlier.
Most Fed officials see rates staying on hold for all of 2019
A majority of Federal Reserve officials last month believed that economic conditions would likely warrant keeping the Fed's benchmark policy unchanged for the rest of this year.
CEOs of big banks face off with House Democrats
The heads of some of the largest banks in the U.S. are appearing in front of Congress Wednesday, for the most significant hearing on the banking industry since Democrats took control of the House.
Markets Right Now: Stocks end broadly higher on Wall Street
The latest on developments in financial markets (all times local): 9:35 a.m.
The Latest: BofA CEO asked about mortgage modifications
The Latest on the appearance of U.S. bank CEOs before Congress (all times local): 9:30 a.m.
Mnuchin doesn't think Fed's Powell is 'wrong person', despite Trump criticism
Trump has reportedly blamed Mnuchin for recommending Powell for the top Fed job.
Fed minutes reaffirm patient approach to interest rates in 2019
The Federal Reserve on Wednesday released minutes from its two-day policy meeting on March 19-20.
Businesses develop strategies to cope with hiring freezes
Signs of a weaker economy have led some small business owners to cut back or freeze hiring.
Uneasy about the economy, some businesses hold off on hiring
Samantha Martin does most of the annual hiring for her public relations firm in the first quarter.
American savers have lost roughly $500 billion because of low interest rates
Interest rates are currently at a target range of 2.25 percent to 2.5 percent.












