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Wall Street soars on hopes for lower interest rates

NEW YORK (AP) — Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way, along with the kick they can give the economy and investment prices. The S&P 500 leaped 1.5% for its first gain in six days ...

Trump says he’ll keep extending TikTok deadline

WASHINGTON (AP) — President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company “highly overrated” and said Friday he'll keep extending the deadline for the popular video-sharing platform until there's a buyer. Congress approved a U.S. ban on TikTok unless its parent company, ByteDance, sold its controlling stake. But Trump has so far extended the deadline three times during his second term — with the next one coming up on Sept. 17. “We’re gonna watch the security concerns,” Trump told reporters, but added, “We ...

Wall Street retreats from its records

NEW YORK (AP) — Wall Street faded on Tuesday following drops for Nvidia and other stars that have been riding the mania surrounding artificial-intelligence technology. The S&P 500 fell 0.6% for a third straight loss, though it remains near its all-time high set last week. The Dow Jones ...

Republicans look to make U-turn on electric vehicles for the Postal Service

WASHINGTON (AP) — A year after being lauded for its plan to replace thousands of aging, gas-powered mail trucks with a mostly electric fleet, the U.S. Postal Service is facing congressional attempts to strip billions in federal EV funding. In June, the Senate parliamentarian blocked a ...

Wall Street finishes its latest winning week with a fade

NEW YORK (AP) — U.S. stocks edged back from their record levels on Friday in a quiet finish to another winning week. The S&P 500 slipped 0.3% from the all-time high it set the day before, as it closed its fourth winning week in the last five. The Dow Jones Industrial Average flirted with ...

Kellogg will remove artificial dyes from cereals by the end of 2027

NEW YORK (AP) — WK Kellogg Co. plans to remove artificial dyes from its breakfast cereals in the next two and a half years, according to the company and the attorney general of Texas. The maker of Froot Loops and Apple Jacks gave the timeline as U.S. food producers face increasing pressure ...