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Dow leaps to a record as oil prices ease, US stocks rally

NEW YORK (AP) — Wall Street rallied Thursday after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. Banks, small companies and other stocks that had earlier been left behind by the euphoria around artificial-intelligence technology led the way. The S&P ...

SpaceX’s IPO is set to be the biggest ever

NEW YORK (AP) — SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as Space Exploration ...

Key inflation gauge worsens as income, spending power erodes

WASHINGTON (AP) — A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped to 3.8% in ...