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Business

Trump steps up his attacks on Federal Reserve’s rate hikes

WASHINGTON (AP) — President Donald Trump on Thursday escalated his attack on the Federal Reserve’s interest rate increases, asserting that “the Fed is out of control” and blaming it for this week’s plunge in stock prices. “It’s a correction that I think is caused by the Federal ...

Stocks plunge again; Dow’s two-day loss reaches 1,300 points

NEW YORK (AP) — U.S. stocks sank more than 2 percent Thursday, the second day of steep declines around the globe driven by concerns about rising interest rates and trade tensions that could slow economic growth. The Dow Jones Industrial Average fell 545 points after dropping 831 points ...

Risk of streaming fatigue as Walmart, AT&T, Disney join fray

NEW YORK (AP) — As Walmart, AT&T and Disney join stalwarts such as Netflix in streaming video and creating original shows, a reality sets in: Not all will survive. Over the past week, Walmart announced plans to partner with MGM Studios on original shows for Walmart's video-on-demand ...

Business Briefs for Oct. 8

Myers joins Carris Health Clinic-Marshall Carris Health welcomes Kasey Myers, DNP, FNP-C, to its medical team in Marshall. Myers will be serving patients in a shared practice model seeing patients with Dr. Tim Michaels and Dr. Bill Kremer beginning in mid-October. Myers received her ...

US jobless rate lowest since 1969

WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor Department reported Friday that the rate edged ...

Stocks sink again as job gains send bond yields higher

NEW YORK (AP) — U.S. stock and bond prices fell again Friday after the Labor Department said the economy continues to add jobs at a strong pace, and investors worried about a three-day surge in yields. The Department of Labor said employers added significantly more jobs in July and August ...