Wall Street capped a volatile day of trading Friday with a broad rally that snapped the market's three-day losing streak.
Asian shares slipped Friday after surging U.S. bond yields renewed pressure on high-flying technology companies.
NEW YORK (AP) — Interest rates keep marching higher, and Wall Street keeps shaking because of it.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that inflation will pick up in the coming months but that it would likely prove temporary and not enough for the Fed to alter its record-low interest rate policies.
The Congressional Budget Office estimated Thursday that persistent budget deficits will cause the federal debt to double in size over the next 30 years.
Stocks closed broadly lower on Wall Street Tuesday, giving back some of their big gains from a day earlier.
A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P 500 to its second straight weekly loss.
NEW YORK (AP) — Yes, it’s possible to have too much of a good thing, and that’s exactly why stock markets around the world are getting so unsettled.
BANGKOK (AP) — Asian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq composite index its steepest loss since October.
BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the economy.
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor announced Tuesday that a federal control board reached a key deal that would reduce the U.S. territory’s overall debt by nearly 80%, but that his administration is rejecting it amid concerns about cuts to the island’s crumbling public pension system.
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico’s finances announced Wednesday that it has reached an agreement in principal with creditors to reduce a portion of the U.S. territory’s more than $70 billion public debt load.
WASHINGTON (AP) — House Democrats on Monday proposed an additional $1,400 in direct payments to individuals as Congress began piecing together a $1.9 trillion COVID-19 relief package that tracks President Joe Biden's plan for battling the pandemic and reviving a still staggering economy.