NEW YORK (AP) — Wall Street capped an up -and- down week Friday with a mixed finish for U.S. stock indexes, as elevated bond yields and oil prices weighed on the market. The S&P 500 inched 0.2% higher after drifting between modest gains and losses for much of the day. The benchmark ...
WASHINGTON (AP) — The Federal Reserve just raised the cost of money — bad news for borrowers, good news for savers. The Fed increased its benchmark interest rate Wednesday by a quarter-point, the first rate hike since the summer of 2023. The hike will likely make it even costlier to ...
NEW YORK (AP) — Artificial-intelligence stocks slid worldwide Monday after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile, briefly sent the yield of the 10-year Treasury to 5% for the bond market 's latest pressure-raising ...
Costco has raised the price of motor oil sold under its exclusive private-label brand as well as limited how much of it customers can buy weekly as oil prices climb yet again. Americans looking to try to save some money by purchasing motor oil to do their own oil changes may consider this yet ...
NEW YORK (AP) — U.S. stocks rebounded Friday and regained much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists' expectations, even if prices are still rising too quickly for everyone's ...
FOREST CITY, Mo. — The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation's largest commodities, soybeans and corn. The spike adds to an already tough year for these farmers, who also faced ...