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Associated Press

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US Extends Deadline on Nippon’s Bid For US Steel, Offering Some Hope that the Deal is Not Dead

HARRISBURG, Pa. (AP) — The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden...

Biden Will Decide on US Steel Acquisition After Influential Panel Fails to Reach Consensus

WASHINGTON (AP) — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion...

Federal Reserve’s Preferred Inflation Gauge Shows Price Pressures Eased Last Month

WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures...

US Stocks Fall Sharply and Dow Tumbles 1,100 points after Fed Hints at Just 2 Rate Cuts for 2025

NEW YORK (Associated Press) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it...

The Federal Reserve Expects to Cut Rates More Slowly in 2025

NEW YORK (Associated Press) — The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans,...

Biden Calls for Ban on Congressional Stock Trading

WASHINGTON (Associated Press) — President Joe Biden endorsed a ban on congressional stock trading in an interview that’s being released this week, belatedly weighing...
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Economists’ 2025 Housing Market Forecasts Largely Call for Mortgage Rates to Stay Above 6% Next Year

LOS ANGELES (Associated Press) — Home shoppers hoping for more attractive mortgage rates next year may be disappointed. That's the takeaway from several economists' 2025...

Companies from UK, Italy and Japan to Form Joint Venture for New Fighter Jet

LONDON (Associated Press) — The three companies building a next generation fighter jet for the U.K., Italy and Japan revealed Friday that they are forming...

White House Tackling Overdraft Fees

NEW YORK (Associated Press) — The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House's...

Boeing Lays Off Hundreds in Washington and California as Part of Cuts Announced Previously

SEATTLE (Associated Press) — Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will...

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