U.S. Financial News Headlines

Stocks rallied into the close on Wall Street, pushing the S&P 500 up 0.9%, as several companies reported better-than-expected results

The average long-term U.S. mortgage rate edged higher this week after a two-week drop, a modest move in line with a mostly moderate shift in home loan rates in recent weeks

More than 33 million people in the United States are driving vehicles that contain a potentially deadly threat: Airbag inflators that in rare cases can explode in a collision and spew shrapnel

The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers can also run afoul of discrimination laws

Dancers at a Los Angeles bar could soon become the only unionized group of strippers in the U.S. The Actors’ Equity Association labor union says that owners of the Star Garden Topless Dive Bar in North Hollywood have withdrawn their opposition and agreed to recognize the strippers’ union

President Joe Biden and House Speaker Kevin McCarthy are turning to a select group of negotiators to help broker a deal to increase the nation’s borrowing authority and avoid the economic carnage that would ensue if a deal is not reached soon

Wall Street rose along with hopes that the U.S. government can avoid a default on its debt

Most stocks fell on Wall Street after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure

The United Nations is forecasting a slight uptick in economic growth in the United States, the European Union and China

A Gerber infant formula was recalled earlier this year over potential contamination of Cronobacter sakazakii, a bacteria that could cause life-threatening infections in infants

The head of the artificial intelligence company that makes ChatGPT has told Congress that government intervention will be critical to mitigating the risks of increasingly powerful AI systems

Wall Street drifted higher ahead of reports that will show how much a slowing economy is hurting what’s prevented a recession so far: solid spending by U.S. households

Coverage of fertility treatments remains hard to find in many corners of health insurance even as it grows briskly with big employers that see it as a must-have benefit to keep workers

Fanatics Betting and Gaming is buying the U.S. operations of Australian sportsbook PointsBet for $150 million in a move that will help the sports apparel and memorabilia giant gain market share in the American sports betting and online casino markets

Poland has received its first shipment of U.S.-made HIMARS rocket launchers as part of a defense upgrade amid security concerns due to the war in neighboring Ukraine

A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request to recall millions of potentially dangerous air bag inflators

Stocks slipped on Wall Street after a report showed that sentiment is souring among U.S. consumers

Cyprus’ defense minister says the island nation is working together with Irish and U.S. military experts to help train two groups of Ukrainian personnel in clearing an untold number of unmarked minefields in their homeland

The Commerce Department is launching the application process for cities to receive a total of $500 million in grants to become technology hubs

Wall Street edged lower, weighed down by a sharp drop for Disney and flaring fears about the health of some U.S. banks

The average long-term U.S. mortgage rate fell this week to its lowest level in five weeks

Peloton is recalling more than 2 million of its exercise bikes in the U.S. because the bike’s seat post assembly can break during use, posing fall and injury hazards

The number of Americans filing for jobless claims last week rose to its highest level in a year-and-a-half, though the labor market remains healthy by historical standards

The Biden administration is proposing new limits on greenhouse gas emissions from coal- and gas-fired power plants