Business

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 ...

US stocks edge higher following the latest U-turn for oil prices

NEW YORK (AP) — Hour-to-hour swings for oil prices keep jerking financial markets around, and U.S. stocks wavered Thursday following the latest reversal. The S&P 500 rose 0.2% and inched closer to its all-time high set last week. The Dow Jones Industrial Average added 276 points, or ...