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Stock market today: Wall Street rises ahead of a big week for central banks
NEW YORK (AP) — U.S. stocks rose Monday ahead of a busy week for central banks around the world that could dictate where interest rates go. The S&P 500 added 32.33 points, or 0.6%, to 5,149.42, coming off its first back-to-back weekly losses since October. At one point during...
How major US stock indexes fared Monday, 3/18/2024
Stocks rose ahead of a busy week for central banks around the world that could dictate where interest rates go next. The S&P 500 added 0.6% Monday, coming off its first back-to-back weekly losses since October. It pulled close to its all-time high set early last week. The Dow...
Kate Ashford: Selling your home could boost your nest egg — but is it worth it?
A 2023 report from investment firm Vanguard estimates that about a quarter of Americans age 60 and over could move to a cheaper housing market and use the equity in their homes to upsize their retirement savings — making retirement more secure and enjoyable. Those with home prices...
Stock market today: Asian stocks gain ahead of US and Japan rate decisions
HONG KONG (AP) — Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve. Oil prices and U.S. futures rose. Chinese data for January-February were mixed, with property investment falling while other...
Mnuchin’s interest in TikTok and distressed NY bank echoes his pre-Trump investment playbook
NEW YORK (AP) — It seems like a bizarre mishmash: A former Trump cabinet official is saying he wants to buy TikTok just days after leading a group that pumped $1 billion into a beaten-down bank. But it all actually fits in with the complicated career of Steven Mnuchin. The man who...
How major US stock indexes fared Friday, 3/15/2024
Stocks retreated from a record high set earlier this week on Wall Street. The S&P 500 fell 0.6% Friday. The Dow Jones Industrial Average fell 190 points, or 0.5%, and the Nasdaq fell 1%. Treasury yields edged higher in the bond market. Adobe slumped after giving investors a weak...
Stock market today: Asian shares mostly decline after Wall Street drifts to a mixed close
TOKYO (AP) — Asian shares mostly declined Thursday in lackluster trading after U.S. stocks drifted to a mixed finish. Japan's Nikkei 225 shed 0.2% in morning trading to 38,625.22. Nissan Motor Co. stock jumped 2.3% after an unconfirmed Japanese media report that the automaker...
BRT: Q4 Earnings Snapshot
GREAT NECK, N.Y. (AP) — GREAT NECK, N.Y. (AP) — BRT Realty Trust (BRT) on Tuesday reported a key measure of profitability in its fourth quarter. The Great Neck, New York-based real estate investment trust said it had funds from operations of $7.1 million, or 38 cents per share,...
As Putin orchestrates his reelection, a resilient Russian economy is a key selling point
MOSCOW (AP) — Russians are finding a few imported staples, like fruit, coffee and olive oil, have shot way up in price. Most global brands have disappeared — or been reincarnated as Russian equivalents under new, Kremlin-friendly ownership. A lot more Chinese cars are zipping around the...
Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year
WASHINGTON (AP) — A sweeping bank regulatory proposal will be significantly revised by year's end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes. The proposed rule, issued last summer by...