WASHINGTON (AP) — The national debt surpassed a record $40 trillion on Wednesday, a staggering milestone as defense costs, social programs like Social Security and Medicare and interest on the burgeoning deficit make up an enormous share of federal spending. The milestone figure was ...
WASHINGTON (AP) — Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn't subside, minutes of the Fed's meeting last month showed. The minutes of the July 28-29 meeting, released Wednesday, don't ...
NEW YORK (AP) — When Jonah Seidenberg found out about Nike Minds, a futuristic-looking sneaker that claims to improve concentration by stimulating the soles of the feet, he had to have them. On a recent Saturday, the 12-year-old from the Chicago suburb of Northbrook and his mother searched ...
NEW YORK (AP) — Wall Street will get financial updates from some of the nation's biggest retailers this week, along with more details from the Federal Reserve's most recent meeting. Home Depot reports its latest results on Tuesday, followed by Target and Lowes on Wednesday, and then Walmart ...
NEW YORK (AP) — Reddit will join the S&P 500 this week, giving the wide-ranging online forum a boost in prestige and investments. Joining the S&P 500 is considered an achievement for a company because the index is a widely followed measure of the broader U.S. stock market's health. ...
NEW YORK (AP) — If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those ...