WASHINGTON (AP) — Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still expect to cut their key rate once in 2026. For now, Fed policymakers left short-term interest rates unchanged Wednesday for the ...
3-18 stocks
NEW YORK (AP) — A drop in oil prices on Monday helped send the U.S. stock market to its best day since the war in Iran began. The S&P 500 climbed 1% for its biggest gain in five weeks. The Dow Jones Industrial Average added 387 points, or 0.8%, and the Nasdaq composite jumped 1.2%. The ...
Wall Street's losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. The S&P 500 fell 0.6% after having been up as much as 0.9% in the early going. The benchmark index is now down 3.1% ...
3-14 stocks
LANSING, Mich. — Menco LLC is relocating its machining facility from Wisconsin to Mellen Township in Menominee County, the governor's office announced Wednesday. The company’s relocation will generate more than $1.2 million in capital investment and create 13 new jobs with starting wages of $21 per hour plus benefits, above the regional median wage, Gov. Gretchen Whitmer's office stated in a news release. “Michigan is on the move and open for business, competing for and winning big projects in next-generation industries,” Whitmer said in the release, adding, “Let’s keep ...
