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Powell says Fed can wait to reduce interest rates as Trump demands cuts

By CHRIS RUGABER
Jun 24, 2025 11:11 am - The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts.
Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market

By STAN CHOE, DAVID McHUGH and JIANG JUNZHE
Jun 13, 2025 4:18 pm - Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
3 surprising market winners in 2025

By Dan Lefkovitz of Morningstar
Jun 07, 2025 1:38 pm - Investors brave enough to peek at their account statements know that it’s been a rocky 2025. But there have been equity gains to be had in 2025.
Wall Street gains ground following a solid jobs report and marks another winning week

By DAMIAN J. TROISE
Jun 06, 2025 4:17 pm - NEW YORK — Stocks gained ground on Wall Street Friday following a better-than-expected report on the U.S. job market. The gains were broad, with every sector in the S&P 5...
Dollar General posts record sales as bargain stores attract more customers

By MICHELLE CHAPMAN
Jun 03, 2025 8:25 am - Dollar General set a quarterly sales record of $10.44 billion and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores and off-price retailers amid economic uncertainty.
Wall Street glides to the end of its best month since 2023

By STAN CHOE
May 30, 2025 3:27 pm - NEW YORK — Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies navigating ...
A global rally for stocks stumbles on uncertainties about Trump's tariffs, but Nvidia shines

By ELAINE KURTENBACH and MATT OTT
May 29, 2025 8:09 am - A big rally for stocks that began in Asia on Thursday is running out of momentum after sweeping into Europe and the United States amid uncertainty about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs.
Wall Street drifts as the countdown ticks toward Nvidia's earnings report

By ELAINE KURTENBACH and MATT OTT
May 28, 2025 7:57 am - Most U.S. stocks are drifting lower on Wednesday, a day after leaping back within a few good days’ worth of gains from their all-time high.
Wall Street rallies as its roller-coaster ride whips back upward after Trump pauses more tariffs

By STAN CHOE
May 27, 2025 10:39 am - Wall Street is rallying Tuesday as the roller-coaster ride created by President Donald Trump’s trade policies whips back upward, this time because of a delay for his tariffs on the European Union.
Trump’s latest tariff threats knock Wall Street, European stocks and Apple lower

STAN CHOE
May 23, 2025 8:28 am - U.S. stocks fell after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week. The S&P 500 lost 0.7% Friday and had its worst week in the last seven. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 1%.

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