Associated Press
Latest Stories (408)
Fed leaves interest rates unchanged, signals cuts are likely months away
Jan 31, 2024
“We want to see strong growth and a strong labor market,” said Federal Reserve Chair Jerome Powell.
Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year
Dec 13, 2023
“Inflation has eased over the past year but remains over our longer run goal of 2%,” Powell said
General Motors and UAW reach tentative contract agreement, potentially ending 6-week strike
Oct 30, 2023
The deal follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend.
FTC, 17 states file antitrust lawsuit against Amazon
Sep 26, 2023
The Federal Trade Commission and more than a dozen U.S. states are alleging that Amazon used "its monopoly power" to inflate prices.
Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation
Sep 20, 2023
It's the second time the Federal Reserve has kept rates unchanged in its last three meetings.
Federal Reserve raises key rate for 11th time by a quarter-point, to highest level since 2001
Jul 26, 2023
The move lifted the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level in 22 years.
UPS reaches contract with 340,000 unionized workers, averting potentially calamitous strike
Jul 25, 2023
The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.
Supreme Court rejects Biden’s plan to forgive $400 billion in student loans
Jun 30, 2023
The 6-3 decision leaves borrowers on the hook for repayments set to resume in late summer.
FTC sues Amazon over "manipulative" Amazon Prime enrollment and cancellation tactics
Jun 21, 2023
The FTC also alleged that Amazon's leadership slowed or rejected changes that made canceling the Amazon Prime subscription easier.
Fed pauses rate hikes, hints at 2 more potential increases this year
Jun 14, 2023
For the first time in 15 months, the Federal Reserve has kept its key interest rate unchanged.