Investment

Dow Drops Nearly 650 Points on Worries Trump's Latest Tariffs Will Slow the Economy More

NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election... Read More

NEW YORK (AP) — U.S. stocks tumbled Monday and wiped out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours. The S&P 500 dropped... Read More

Forget Saving the Planet. Clean Energy Interests Sharpen a Different Message: Money and Jobs

WASHINGTON (AP) — Saving the planet is so 2024. Clean energy leaders across the globe are now tailoring their messages... Read More

WASHINGTON (AP) — Saving the planet is so 2024. Clean energy leaders across the globe are now tailoring their messages to emphasize the greener side of green: wealth-building. It's an idea that sells far better in the new world of... Read More

DeepSeek Has Rattled the AI Industry. Here's a Look at Other Chinese AI Models

HONG KONG (AP) — The Chinese artificial intelligence firm DeepSeek has rattled markets with claims that its latest AI model,... Read More

HONG KONG (AP) — The Chinese artificial intelligence firm DeepSeek has rattled markets with claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy. DeepSeek’s... Read More

'We've Got to Move Forward' - Michigan Electric Vehicle Industry Responds to Trump Policy Changes

DETROIT (AP) — While President Donald Trump took aim at the electric vehicle industry this week, there is still optimism... Read More

DETROIT (AP) — While President Donald Trump took aim at the electric vehicle industry this week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its number one destination... Read More

Davos 2025: Trade, Tariffs, AI and UN Chief Guterres Dominate World Economic Forum Agenda

DAVOS, Switzlerand (AP) — The U.N. chief ratcheted up his warning about climate change and said the world's thirst for... Read More

DAVOS, Switzlerand (AP) — The U.N. chief ratcheted up his warning about climate change and said the world's thirst for fossil fuels is a “Frankenstein monster" that spares no one, while calling for greater attention to risks posed by artificial... Read More

Biden Rejects Nippon Steel's Proposed Deal to Acquire US Steel

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to... Read More

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow to block the acquisition of Steeltown USA’s most storied steel company.... Read More

Ireland Embraced Data Centers the AI Boom Needs and Now They're Consuming Too Much Energy

CLONDALKIN, Ireland (AP) — Dozens of massive data centers humming at the outskirts of Dublin are consuming more electricity than... Read More

CLONDALKIN, Ireland (AP) — Dozens of massive data centers humming at the outskirts of Dublin are consuming more electricity than all of the urban homes in Ireland and starting to wear out the warm welcome that brought them here. Now,... Read More

US Economy Grew at a Solid 2.8% Pace Last Quarter on Strength of Consumer Spending

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping... Read More

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product... Read More

2024-09-15 15:16:54
by Dan McCue
Senate Panel Poised to Hold Health Care CEO in Contempt

WASHINGTON — The members of a Senate committee investigating the bankruptcy of a private equity-backed health care system will vote... Read More

WASHINGTON — The members of a Senate committee investigating the bankruptcy of a private equity-backed health care system will vote this week to hold its CEO in contempt of Congress after he failed to appear at a Capitol Hill hearing... Read More

2024-04-03 18:56:41
by Tom Ramstack
Senate Investigates Private Equity Firms’ Control Over Health Care Facilities

WASHINGTON — A Senate committee sent letters to three private equity firms Monday demanding information about how they staff emergency... Read More

WASHINGTON — A Senate committee sent letters to three private equity firms Monday demanding information about how they staff emergency departments of hospitals they own. The Senate is investigating whether health care is suffering to increase profits for investors. The... Read More

2023-07-28 19:56:09
by Kate Michael
Commerce Secretary Raimondo Spearheads Indo-Pacific Economic Framework

WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit... Read More

WASHINGTON — While Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin are on their tandem investment visit to the Indo-Pacific, a third Biden administration official, Secretary of Commerce Gina Raimondo, was touting the region as an epicenter... Read More

2023-07-14 18:12:07
by Tom Ramstack
Lawmakers Juggle Climate Change Hazards Against Housing and Insurance Costs

WASHINGTON — Climate change again became an impassioned topic during a congressional hearing Friday as lawmakers struggled to figure out... Read More

WASHINGTON — Climate change again became an impassioned topic during a congressional hearing Friday as lawmakers struggled to figure out who will pay for the costs floods, droughts, hurricanes and wildfires impose on consumers. “It’s clear losses are getting larger... Read More

Wall Street Rallies as It Heads for Winning Week, Month and First Half of Year

NEW YORK (AP) — Wall Street is rallying again Friday after reports suggested pressure on inflation may be easing. The... Read More

NEW YORK (AP) — Wall Street is rallying again Friday after reports suggested pressure on inflation may be easing. The stock market is rolling toward the close of a winning week, month and first half of the year. The S&P... Read More

Wall Street Rallies, Heads for Winning Week After Weak Start

NEW YORK (AP) — Wall Street is rallying Friday amid hopes inflation may continue to cool and the Federal Reserve... Read More

NEW YORK (AP) — Wall Street is rallying Friday amid hopes inflation may continue to cool and the Federal Reserve may ease up on its hikes to interest rates following some mixed readings on the U.S. economy. The S&P 500... Read More

US Economy Grew 3.2% in Q3, an Upgrade From Earlier Estimate

WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2%... Read More

WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September, the government reported Thursday in a healthy upgrade from its earlier estimate of third-quarter... Read More

Wall Street Gets Back to Tumbling After 1-Day Reprieve

NEW YORK (AP) — Markets worldwide are back to tumbling on Thursday, and Wall Street is down roughly 3% in... Read More

NEW YORK (AP) — Markets worldwide are back to tumbling on Thursday, and Wall Street is down roughly 3% in a widespread wipeout as worries about a fragile economy roar back to the fore. The S&P 500 was 3.1% lower... Read More

Markets Tumble Worldwide, Bear Market Growls on Wall Street

NEW YORK (AP) — Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from... Read More

NEW YORK (AP) — Wall Street is tumbling even more Monday, sending the S&P 500 down more than 20% from its record, amid fears that a recession is more likely given how unshakeable inflation has become. The S&P 500 was... Read More

2022-03-21 18:57:42
by Dan McCue
SEC Proposes Rules to Improve Company Climate-Related Disclosures for Investors

WASHINGTON — Publicly-traded companies, hedge funds and others may soon have to disclose the greenhouse gas emissions they produce and... Read More

WASHINGTON — Publicly-traded companies, hedge funds and others may soon have to disclose the greenhouse gas emissions they produce and how climate risk affects their business under new rules proposed Monday by the Securities and Exchange Commission. Under the proposal... Read More

2022-03-11 17:09:59
by Reece Nations
American Federation of Teachers Pension Trustees Consider Russian Asset Divestment

WASHINGTON — The American Federation of Teachers is urging its pension trustees to immediately review investments with ties to Russia... Read More

WASHINGTON — The American Federation of Teachers is urging its pension trustees to immediately review investments with ties to Russia following the country’s invasion of Ukraine. The AFT, founded in 1916, is an affiliate of the American Federation of Labor... Read More

Oil Climbs, Stocks Waver as US Nears Ban of Russian Crude

NEW YORK (AP) — Stocks around the world swung on Tuesday, oil prices rose sharply and the price of nickel... Read More

NEW YORK (AP) — Stocks around the world swung on Tuesday, oil prices rose sharply and the price of nickel surged so much that trading for it was shut in London, as the economic fallout from Russia’s invasion of Ukraine keeps rocking... Read More

Stocks Mixed, Oil Tops $110 a Barrel as Ukraine War Rages

NEW YORK (AP) — Oil prices surged above $110 per barrel Wednesday as Russian forces stepped up attacks on Ukrainian... Read More

NEW YORK (AP) — Oil prices surged above $110 per barrel Wednesday as Russian forces stepped up attacks on Ukrainian cities, while premarket trading on Wall Street pointed toward a higher open. Investors appeared to take in stride Federal Reserve... Read More

2022-02-09 20:18:02
by Reece Nations
Congress Contemplates Banning Members From Trading Stocks 

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., said on Wednesday she would support revisions to legislation banning members of Congress... Read More

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., said on Wednesday she would support revisions to legislation banning members of Congress from trading individual stocks. Pelosi had at first resisted the push for a congressional stock ban as politically vulnerable Democrats... Read More

US Markets Turn Lower After Meta's Mega Earnings Rout

NEW YORK (AP) — U.S. markets pointed lower Thursday with tech stocks weighing down broader indexes after a weak quarterly earnings... Read More

NEW YORK (AP) — U.S. markets pointed lower Thursday with tech stocks weighing down broader indexes after a weak quarterly earnings report from Facebook parent company Meta. The numbers from Meta, released late Wednesday, checked a brief recovery in U.S. markets that... Read More

Stocks Rise, Still on Pace for Worst Month Since March 2020

Stocks are rising Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall... Read More

Stocks are rising Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall Street closes a tumultuous January wracked by worries that imminent interest-rate hikes will make everything in markets more challenging. The... Read More

A Key Inflation Gauge Rose 5.8% in 2021, Most in 39 Years

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the... Read More

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture,... Read More

2021-12-14 19:26:57
by Reece Nations
Harris, Yellen Announce Billions in Investments to Emergency Capital Investment Program

WASHINGTON — Vice President Kamala Harris and Treasury Secretary Janet Yellen announced on Tuesday over $8.7 billion in investments through... Read More

WASHINGTON — Vice President Kamala Harris and Treasury Secretary Janet Yellen announced on Tuesday over $8.7 billion in investments through the Emergency Capital Investment Program for small businesses and low- and moderate-income consumers in rural and underserved communities. The program’s... Read More

2021-10-05 19:38:57
by Victoria Turner
State Dept. Unveils Partnership to Combat Infrastructure Investment Corruption

The U.S. Department of State has partnered with the Organization for Economic Cooperation and Development with the goal of reducing... Read More

The U.S. Department of State has partnered with the Organization for Economic Cooperation and Development with the goal of reducing the risk of corruption in infrastructure investment by bolstering the ability of stakeholders to implement anti-corruption systems across economies.  The... Read More

2021-03-23 20:47:24
by Victoria Turner
How Climate Change is Impacting Investment

WASHINGTON - Emma Howard Boyd, chairwoman of the United Kingdom’s Environmental Agency, would like you to invest your pension in... Read More

WASHINGTON - Emma Howard Boyd, chairwoman of the United Kingdom’s Environmental Agency, would like you to invest your pension in environmentally-friendly financial funds, she urged today during a Peterson Institute for International Economics event entitled, “Economic Impact of Climate Change.”... Read More

2021-03-10 15:31:14
by Victoria Turner
Brokers' Compensation Revenues Disadvantage Retail Investors

WASHINGTON - A conflict of interest built into online broker Robinhood’s revenue came under scrutiny during Tuesday’s U.S. Senate hearing... Read More

WASHINGTON - A conflict of interest built into online broker Robinhood’s revenue came under scrutiny during Tuesday’s U.S. Senate hearing on retail investing. Three witnesses at the hearing called for a ban on brokerage firms being compensated for routing their... Read More

2019-10-18 21:23:06
by Dan McCue
Gottheimer Amendment to Help Senior Investors Passes House

WASHINGTON - The House has passed an amendment offered on the floor by Rep. Josh Gottheimer that will ensure the... Read More

WASHINGTON - The House has passed an amendment offered on the floor by Rep. Josh Gottheimer that will ensure the U.S. Securities and Exchange Commission gives specific consideration to senior investors and the challenges they face. The amendment to H.R.... Read More

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