Business

US stocks inch to more records after oil prices drop

NEW YORK (AP) — U.S. stocks inched to more records Wednesday after oil prices fell and eased the pressure on households and businesses worldwide. The S&P 500 edged up by less than 0.1% and added to its all-time high set the day before. The Dow Jones Industrial Average climbed 182 ...

Carney says Canada will buy European surveillance planes over US options

TORONTO (AP) — Canada will buy early warning radar planes built by Sweden's Saab and Canada's Bombardier over two American options, Prime Minister Mark Carney announced Wednesday. Carney said his government has entered negotiations to procure Saab's Airborne Early Warning & Control ...

Survey: 2 of 3 Americans are cutting back on spending

WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels. The Conference Board's consumer confidence index slipped 0.7 points to 93.1 in May, the first ...

Mortgage rate rises while Wall Street looks to continue its winning ways

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and that is impacting the decisions of both households and businesses. Here's a ...

Travel industry worries after Trump administration reiterates threat to sanctuary city airports

The travel industry is on edge after Homeland Security Secretary Markwayne Mullin reiterated his threat to withdraw U.S. Customs and Border Protection officers from airports in so-called "sanctuary cities" in a move that could jeopardize international flights. The U.S. Travel Association said ...