Category Archives: Business News
Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says
By AAMER MADHANI and COLLIN BINKLEY Associated Press WASHINGTON (AP) - Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said Tuesday, just days after President Dona...
6h ago
Bessent pitches US-backed financial literacy competition to world's largest economies
By FATIMA HUSSEIN Associated Press ASHEVILLE, N.C. (AP) - Driven in part by his own experience with poverty as a child, Treasury Secretary Scott Bessent is pitching a financial literacy campaign to le...
8h ago
THE CLOSING BELL: Stocks slip on Wall Street under pressure from higher oil prices and rising bond yields
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed broadly lower Tuesday as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly hi...
9h ago
BEFORE THE BELL: Bond sell-off heats up as oil prices continue to rise
By ELAINE KURTENBACH AP Business Writer A heavy sell-off in U.S. government bonds is gaining momentum with anxiety about persistent inflation driving prices lower. The yield on the two-year Treasury, ...
18h ago
THE CLOSING BELL: Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Oil prices rose and U.S. stocks fell after American forces struck Iranian rocket launchers on the Strait of Hormuz, marking the first military ac...
Aug 31, 2026
Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) - The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran. The S&...
Aug 31, 2026
THE CLOSING BELL: The bond market prepares for a hike to interest rates, while US stocks drift lower
By STAN CHOE AP Business Writer NEW YORK (AP) - The bond market swung Friday as investors built bets that the Federal Reserve may hike interest rates soon to get the nation's high inflation under cont...
Aug 28, 2026
Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) - Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise ...
Aug 28, 2026
BEFORE THE BELL: US futures mixed with hopes of more clarity from Fed Chair Warsh in Jackson Hole
By ELAINE KURTENBACH and MICHELLE CHAPMAN AP Business Writers U.S. futures are mixed Friday ahead of an address from Federal Reserve Chair Kevin Warsh in Jackson Hole, Wyoming, during the Fed's annual...
Aug 28, 2026
THE CLOSING BELL: Tech stocks lead Wall Street after Nvidia, Salesforce and others say AI is creating big growth
By STAN CHOE AP Business Writer NEW YORK (AP) - Technology stocks led Wall Street on Thursday after Nvidia, Salesforce and others reported even fatter profits for the spring than analysts expected. Th...
Aug 27, 2026