U.S. trade deficit drops as tariffs sharply cut imports
The U.S. trade deficit fell 24 percent in August as tariffs reduced imports. Commerce Department data shows lower imports, slight export growth and ongoing economic impacts.
Colorado, 8 states reach $7M Greystar rent-fixing settlement
Colorado and eight states reached a $7M settlement with Greystar over allegations the company used rent-setting algorithms that inflated rental prices for tenants.
Wall Street dips as worries rise over Nvidia and Bitcoin
Wall Street swings through another volatile day as concerns about high prices pressure Nvidia, bitcoin and other market leaders while global markets also slide.
September jobs report to end shutdown data drought
The Labor Department will release the delayed September jobs report next week, ending the economic data blackout caused by the 43-day federal shutdown.
Government shutdown ends after 43 days with funding bill
A 43-day government shutdown ended as Congress passed a funding bill, restoring federal operations and renewing debate over health care tax credits.
Dow sets new record as tech losses weigh on broader market
The Dow hit another record high even as tech stocks dragged on the S&P 500 and Nasdaq. AI stocks swung sharply while Treasury yields eased and global markets rose.
White House 50-year mortgage plan sparks debate
The White House is weighing a 50-year mortgage to ease housing costs, but critics say it could raise total interest and worsen the nation’s supply shortage.
Tech rally lifts Wall Street after last week’s dip
Wall Street rebounded as tech stocks surged, driving major indexes higher and nearly erasing last week’s losses amid optimism in AI and earnings growth.
Stocks end mixed after tech losses, first weekly decline
U.S. stocks ended mixed Friday as tech losses dragged major indexes lower. The S&P 500 and Dow barely rose while the Nasdaq slipped amid earnings reports.
US travelers face flight cuts amid government shutdown
Airlines cancel hundreds of flights as the FAA orders service cuts at major US airports during the government shutdown, leaving travelers scrambling.
US mortgage rates rise to 6.22% after steady declines
After four weeks of declines, the average 30-year U.S. mortgage rate rose to 6.22%, according to Freddie Mac, as bond yields and inflation weigh on rates.
Holiday travelers face chaos amid FAA flight cuts
A U.S. government shutdown is set to disrupt holiday travel as the FAA reduces air traffic at 40 airports, prompting flight cancellations and chaos.