financial news

Text size The latest jobs numbers, released Friday, show a…

A weekslong stock selloff took on new intensity Friday, nearly ending the bull market that began after the start of the pandemic. Stocks rose at the open, then reversed course, falling throughout most of the turbulent session. At one…

By: KDKA-TV News StaffPITTSBURGH (KDKA) — About 145 million Americans own stock, usually in retirement accounts. READ MORE: Unexplained 'Boom' Startles South Hills, Pittsburgh RegionAs one year ends and another begins, it’s a good time…

U.S. stocks and government-bond prices clawed back some of Tuesday’s losses, as investors prepare for central banks globally to raise interest rates. The S&P 500 rose 0.4% in early trading…

Text size Federal Reserve Chairman Jerome Powell. JIM…

Major U.S. stock indexes slipped after major central banks around the world took steps to tighten monetary policy, reversing some of their gains from the prior session.The S&P 500 lost around 1.1%. The Dow Jones Industrial Average…

Text size Wall Street trading will return in force Tuesday.…

An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback attempt from…

U.S. stock indexes opened higher Tuesday, a day after a record close for the S&P 500 amid lower liquidity in the last days of the year.The S&P 500 added 0.1% after the broad-market index rallied 1.4% on Monday. The Nasdaq…

The stock market was slipping Friday, after the June employment report revealed that the U.S. economy added more jobs than expected, spurring bets of a more hawkish Federal Reserve. The U.S. added 372,000 jobs for the month of June,…