WASHINGTON (AP) — The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key drama that will play out at the central bank in the coming months: Will Powell leave the Fed when his term as chair ends, or will he take the unusual ...
HONG KONG (AP) — The United States and Taiwan reached a trade deal Thursday that cuts tariffs on Taiwanese goods in exchange for $250 billion in new investments in the U.S. tech industry. The deal is the latest President Donald Trump has struck — such as those with the European Union and ...
NEW YORK (AP) — A surging stock market and a flurry of deal making padded the profits of Wall Street’s two big investment banks, which both saw a double-digit jump in profits in the fourth quarter. Goldman Sachs’s net earnings rose 12% from a year earlier, posting a profit of $4.62 billion, or $14.01 a share. Meanwhile Morgan Stanley said it earned $4.4 billion, or $2.68 per share, compared to a profit of $3.71 billion, or $2.22 per share, compared to a year earlier. Wall Street has been bolstered by the Trump administration’s deregulatory policies, which has led corporations ...
LOCK HAVEN — Uptown Funko is turning a longtime passion into a full storefront experience for collectors across Clinton County and beyond. Christopher Smith and his wife, Cecilia Vavreck, launched Uptown Funko in March of 2025, originally operating online and at select trade shows while ...
WASHINGTON (AP) — Sluggish December hiring concluded a year of weak employment gains that have frustrated job seekers even though layoffs and unemployment have remained low. Employers added just 50,000 jobs last month, nearly unchanged from a downwardly revised figure of 56,000 in November, the Labor Department said Friday. The unemployment rate slipped to 4.4%, its first decline since June, from 4.5% in November, a figure also revised lower. The data suggests that businesses are reluctant to add workers even as economic growth has picked up. Many companies hired aggressively after ...
WASHINGTON (AP) — President Donald Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices. Trump and the White House have been trying to show they are responding to voter concerns about affordability ahead of midterm elections in November. Home prices have generally risen faster than incomes because of a persistent construction shortfall, making it harder for renters to buy their first home and for existing owners to ...
