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Stocks fell on Wall Street and Treasury yields rose after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month. The S&P 500 lost 0.4% Friday. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite gave back 0.3%. The government reported that U.S. employers added 162,000 jobs to their payrolls last month, far more than expected. That could give the Federal Reserve leeway to raise its be

Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a year. The benchmark 30-year fixed rate mortgage rate rose 6.71% from 6.66% last week, mortgage buyer Freddie Mac said Thursday. One year ago, [...]

By Shadia Nasralla LONDON, Sept 3 (Reuters) - Oil prices rose on Thursday after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruptions to Middle East supplies. Brent crude futures were up 59 cents, or 0.62%, at $96.22 a barrel [...]

WASHINGTON (AP) - President Donald Trump is telling vulnerable Republican candidates to run proudly on the administration's record as the final stretch of the midterm campaign begins. Speaking Wednesday at a Rose Garden dinner for GOP lawmakers, the president said Republicans have a strong, substantive [...]

President Donald Trump is urging Republican lawmakers to run on his White House record despite his sagging popularity. On Wednesday, he pledged to campaign in about three dozen contests that could determine control of Congress. Voters' dim views of the economy and the war in Iran have put Republicans in a tough spot as the midterm election season enters its final stretch. During a dinner in the Rose Garden, Trump told vulnerable lawmakers they have a triumphant story to tell voters. He plans to

U.S. stocks snapped a three-day losing streak Wednesday as gains by big technology companies and relatively steady oil prices and bond yields helped lift the market after a downbeat start to the week. The S&P 500 index rose 0.5%. The Dow Jones Industrial Average rose 0.6%, and the Nasdaq composite gained 0.5%. The market has been under pressure this week from rising oil prices and a...

Stocks rose on Wall Street as gains by big technology companies and relatively steady oil prices and bond yields helped boost the market after a downbeat start to the week. Nvidia rallied more than 3% Wednesday, lifting the Dow Jones Industrial Average 0.6%. The S&P 500 and the Nasdaq composite both gained 0.5%. Brent crude settled up 1% at $95.63 as the Iran conflict continued. Chevron edged 0.3% higher after confirming it will expand operations in Venezuela. The yield on the 10-year Treasu

Sept 2 (Reuters) - U.S. economic activity increased modestly, employment rose slightly and prices increased moderately in recent weeks, according to a report published on Wednesday by the Federal Reserve, information that central bank policymakers will weigh alongside "hard" economic data to assess whether to [...]

Asian shares have declined after stocks slipped on Wall Street and as a bond market sell-off deepens. U.S. futures were mixed early Wednesday. The yield on the 10-year U.S. Treasury rose to 4.8%, as elevated energy prices and inflation worries stemming from the Iran war cloud prospects. On Tuesday, Wall Street's S&P 500 slipped 0.7%. The Dow Jones Industrial Average dropped 0.8%, and the tech-heavy Nasdaq composite fell 1%. Oil prices have advanced after the U.S. launched another round of mi

(The Center Square) – Milk rose 8.1%, bread fell by 6 cents and prices for eggs and beef remained unchanged in comparison to a month ago among consumer grocery staples in North Carolina’s capital city. […] Continue reading with a Black Chronicle subscription. Purchase The Black Chronicle Newspaper Subscription – Now with the All-New TBC Magazine! or The Black Chronicle Newspaper Subscription – Now with the All-New TBC Magazine!! to unlock this article and all subscriber cont