Stocks

US stocks rise ahead of Trump meeting with Xi

U.S. stocks reversed losses Thursday and began rising as investors awaited the outcome of a meeting between President Trump and Chinese President Xi Jinping that could ease trade tensions between the world's two biggest economies -- or make them even worse.

Business Highlights

___ Stocks surge as Powell hints at slower interest rate hikes NEW YORK (AP) — U.S. stocks made their biggest gain in eight months after Federal Reserve Chairman Jerome Powell hinted that the Fed might be willing to raise interest rates at a slower pace next year.

How major US stock indexes fared Wednesday

U.S. stocks rocketed to their biggest gain in eight months Wednesday after Federal Reserve Chairman Jerome Powell hinted that the Fed might not raise interest rates much further.

Business Highlights

___ White House expresses 'disappointment,' 'anger' at GM WASHINGTON (AP) — The White House is expressing "great disappointment" in General Motors after the automobile giant announced it would be cutting thousands of jobs.

Trump's tariff talks weighs on global stock markets

Asian markets were mostly higher on Tuesday ahead of a meeting between the U.S. and China at the Group of 20 summit this week, despite President Donald Trump's comments that it's "highly unlikely" he'll hold off on raising tariffs as Beijing requested.