WASHINGTON (AP) — Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the Supreme Court on Thursday to preserve the Federal Reserve's political independence and allow Lisa Cook to remain as a central bank governor ...
Starbucks said Thursday it's closing hundreds of stores in the U.S., Canada and Europe and laying off 900 nonretail employees as it focuses more of its resources on a turnaround. The Seattle coffee giant said store closures would start immediately. Starbucks said affected baristas will be ...
The average rate on a 30-year U.S. mortgage ticked up this week, ending a four-week slide that brought down borrowing costs for homebuyers to the lowest level in nearly a year. The rate rose to 6.3% from 6.26% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged ...
NEW YORK (AP) — U.S. stock indexes drifted lower on Wednesday as a seemingly relentless rally on Wall Street takes at least a pause. The S&P 500 slipped 0.3% for a second straight, modest loss. The Dow Jones Industrial Average dropped 171 points, or 0.4%, and the Nasdaq composite fell ...
NEW YORK (AP) — The seemingly relentless rally on Wall Street drove U.S. stocks to more records on Monday. The S&P 500 rose 0.4% after erasing a modest loss from the morning. The Dow Jones Industrial Average added 66 points, or 0.1%, and the Nasdaq composite climbed 0.7%. It's the third ...
WASHINGTON (AP) — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok's video popular platform under the terms of a deal laid out Monday by President Donald Trump's administration. All the final details still need to be nailed down among several ...
