Business

Wall Street sets another record after US stocks tick higher

NEW YORK — The U.S. stock market ticked to another record high Thursday as Wall Street waits for more clues about what will happen in the Iran war before making its next big move. The S&P 500 rose 0.3%, a day after topping its prior all-time high set in January, for its 11th gain in 12 ...

QVC prepares for bankruptcy protection in the era of influencers, TikTok and Temu

NEW YORK (AP) — The owner of home shopping network pioneer QVC — which for years garnered the attention of millions of TV viewers looking for a deal on baubles and housewares, is planning to file for Chapter 11 bankruptcy protection. A filing about imminent bankruptcy protection by parent ...

Treasury says 53 million filers used new Trump tax breaks before the deadline

WASHINGTON — It's Tax Day on Wednesday, the deadline for most Americans to file taxes, and the Trump administration says millions of people have already used new breaks such as no tax on tips and overtime, exemptions for interest on certain car loans, deductions for some seniors, and Trump ...

Wall Street hits an all-time high after adding to its weekslong rally

NEW YORK — U.S. stocks are flirting with a record Wednesday following their big rally the last two weeks on hopes that the global economy can avoid a worst-case scenario because of the U.S.-Iran war. The S&P 500 rose 0.8% and was on track to eclipse its all-time high set in January. ...

Wall Street rallies to the edge of its all-time high as oil prices ease

NEW YORK — U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario for the global economy. The S&P 500 added 1.2% to its leap from the day ...