Latest Financial markets News

EXPLAINER: What's behind all the drama in Congress?

Sep. 28, 2021 00:25 AM EDT

WASHINGTON (AP) — The drama and deadlines driving action on Capitol Hill right now can be disorienting. Democrats are trying to pass more than $4 trillion in infrastructure and social programs at the center of President Joe Biden’s agenda — and at the same time avert a government...

Far-right cryptocurrency follows ideology across borders

Sep. 28, 2021 00:20 AM EDT

BRUSSELS (AP) — The Daily Stormer website advocates for the purity of the white race, posts hate-filled, conspiratorial screeds against Blacks, Jews and women and has helped inspire at least three racially motivated murders. It has also made its founder, Andrew Anglin, a millionaire. ...

Asia shares mostly fall on China energy, Evergrande worries

Sep. 27, 2021 23:23 PM EDT

TOKYO (AP) — Asian shares mostly fell Tuesday as concerns about China chipped away at investor optimism following a mixed finish on Wall Street. Japan's benchmark Nikkei 225 lost 0.3% to 30,139.65. Australia's S&P/ASX 200 slipped 1% to 7,314.10. South Korea's Kospi...

2 top Fed officials retire in wake of trading disclosures

Sep. 27, 2021 19:29 PM EDT

WASHINGTON (AP) — In a rare moment of ethical controversy for the Federal Reserve, two top officials resigned Monday in the wake of revelations about their financial trading that exposed potential shortcomings in the Fed's rules on investments. Eric Rosengren, the...

EXPLAINER: What's behind all the drama in Congress?

Sep. 27, 2021 17:14 PM EDT

WASHINGTON (AP) — The drama and deadlines driving action on Capitol Hill right now can be disorienting. Democrats are trying to pass more than $4 trillion in infrastructure and social programs at the center of President Joe Biden’s agenda — and at the same time avert a government...

Kraton, Hess rise; Apple, Moderna fall

Sep. 27, 2021 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Acceleron Pharma Inc., up $11.22 to $178.87. The biotechnology company is reportedly a buyout target. Carnival Corp., up 94 cents to $26.38. ...

How major US stock indexes fared Monday

Sep. 27, 2021 16:18 PM EDT

Stocks wound up a mixed bag on Wall Street Monday as losses for several Big Tech companies checked gains elsewhere in the market. The S&P 500 and the tech-heavy Nasdaq fell. The Dow Jones Industrial Average rose, as did a measure of small-company stocks. Treasury...

Gov’t forces disperse protesters in Yemeni city, 7 wounded

Sep. 27, 2021 15:29 PM EDT

SANAA, Yemen (AP) — Security forces of Yemen’s internationally recognized government Monday violently dispersed thousands of protesters decrying deteriorating economic conditions in a southwestern province, wounding at least seven people, officials said. Demonstrators...

Closing prices for crude oil, gold and other commodities

Sep. 27, 2021 15:23 PM EDT

Benchmark U.S. crude oil for November delivery rose $1.47 to $75.45 a barrel Monday. Brent crude oil for November delivery rose $1.44 to $79.53 a barrel. Wholesale gasoline for October delivery rose 3 cents to $2.22 a gallon. October heating oil rose 3 cents to $2.30 a...

Boston Fed's Rosengren to retire early citing health

Sep. 27, 2021 11:28 AM EDT

WASHINGTON (AP) — Boston Federal Reserve President Eric Rosengren said Monday that he will retire this week and disclosed that he has qualified for a kidney transplant. Rosengren's announcement comes after investments by him and other Fed officials last year raised...