How major US stock indexes fared Wednesday

Stocks closed lower on Wall Street Wednesday after a brief rally faded in the last hour of trading. Losses by technology companies outweighed gains in banks and elsewhere in the market. ...

Business Highlights

___ Federal Reserve sees rates near zero at least through 2023 WASHINGTON (AP) — The Federal Reserve expects to keep its benchmark interest rate pegged near zero at...

Federal Reserve adjusts inflation target, rate unchanged

WASHINGTON (AP) — The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep interest rates low for years to come. The...

Top GOP senator says Fed nominee Judy Shelton short on votes

WASHINGTON (AP) — A top Senate Republican on Tuesday said conservative economist Judy Shelton does not have the votes to be confirmed to one of two vacancies on the Federal Reserve board. ...

Kraft, Fiat rise; Carnival, Charles Schwab fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: Fiat Chrysler Automobiles N.V., up 88 cents to $12.81. The automaker is cutting its spec...

Business and economic events scheduled for Wednesday

Business and economic events scheduled for Wednesday. All times are Eastern. WASHINGTON — Commerce Department releases retail sales data for August, 8:30 a.m. ...

Federal Reserve to meet after sharp changes to its outlook

WASHINGTON (AP) — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest r...

Business and economic events scheduled for Tuesday

Business and economic events scheduled for Tuesday. All times are Eastern. WASHINGTON — Federal Reserve releases industrial production for August, 9:15 a.m. ...

Asia shares rise as investors look ahead to Fed meeting

TOKYO (AP) — Asian shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week. ...

Asia shares rise as investors look ahead to Fed meeting

TOKYO (AP) — Asian shares rose Monday, despite the rollercoast ride that closed Wall Street last week, as traders awaited cues from the U.S. central bank expected later in the week. ...

Surge in options trading helps drive gains on Wall Street

LOS ANGELES (AP) — Stock options trading is up sharply this year, fueled by investor optimism for more gains on Wall Street. Options are contracts that give investors the right, tho...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, Sept. 15 WASHINGTON — Federal Reserve releases...

Wall Street’s 3-day skid a reality check for runaway market

Wall Street’s summer-long party fueled by investors’ appetite for some of the world’s best-known technology companies has come to an abrupt, if not entirely unexpected, halt. The sh...

Falling prices flash warning light for Europe's economy

FRANKFURT, Germany (AP) — A startling fall in consumer prices and a stronger euro have increased pressure on the European Central Bank to provide another blast of monetary stimulus in support of a dra...

AP Explains: US debt will soon exceed size of entire economy

WASHINGTON (AP) — The U.S. government's war against the coronavirus is imposing the heaviest strain on the Treasury since America's drive to defeat Nazi Germany and imperial Japan three-quarters of a ...