Category Archives: Business News
Tillis says he's ready to move ahead with confirming Warsh as Trump's pick as Fed chair
WASHINGTON (AP) - The Republican senator who had effectively blocked confirmation of President Donald Trump's pick to lead the Federal Reserve said Sunday he was dropping his opposition after the Depa...
Associated Press Apr 26, 2026
Intel carries Wall Street toward another record, while oil prices yo-yo lower
By STAN CHOE AP Business Writer NEW YORK (AP) - A surge for Intel following a blowout profit report led the U.S. stock market to more records Friday, while oil prices kept yo-yoing in the wait for wha...
Associated Press Apr 24, 2026
Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh
By CHRISTOPHER RUGABER and ERIC TUCKER Associated Press WASHINGTON (AP) - The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the...
Associated Pres Apr 24, 2026
US stocks edge back from their records as oil prices swing higher
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks pulled back from their record heights on a shaky Wall Street. The S&P 500 fell 0.4% Thursday to halt its weekslong rally. The Dow Jones ...
Associated Press Apr 23, 2026
Drug maker to build manufacturing campus in Durham
DURHAM, N.C. (WPTF) - Durham will be home to a new $1.4 billion, 185-acre pharmaceutical manufacturing campus that will bring hundreds of short-term and long-term jobs. Local and state leaders announc...
Bruce Ferrell Apr 22, 2026
US stocks rally to records, but Brent oil also tops $100 on worries about the Iran war
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market rallied to more records Wednesday after GE Vernova, Boston Scientific and other big companies joined the parade reporting fatter p...
Associated Press Apr 22, 2026
US stocks rally to records, but Brent oil also tops $100 on worries about the Iran war
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market rallied to more records Wednesday after GE Vernova, Boston Scientific and other big companies joined the parade reporting fatter p...
Associated Press Apr 22, 2026
Stocks slip and oil prices rise on uncertainty about US-Iran ceasefire talks
By STAN CHOE AP Business Writer NEW YORK (AP) - U.S. stocks and oil prices flip-flopped Tuesday as uncertainty rose about what will happen following a two-week ceasefire in the war with Iran, which is...
Associated Press Apr 21, 2026
Labor Secretary Lori Chavez-DeRemer is leaving Trump's Cabinet after abuse of power allegations
By SEUNG MIN KIM Associated Press WASHINGTON (AP) - Labor Secretary Lori Chavez-DeRemer is out of President Donald Trump's Cabinet, the administration announced Monday, after a series of alleged abuse...
Associated Press Apr 20, 2026
At the close: oil prices rise and US stocks give back a bit of their record-breaking rally
By STAN CHOE AP Business Writer NEW YORK (AP) - Oil prices climbed Monday following the latest rise of tensions between the United States and Iran, but the moves were more modest than they were earlie...
Associated Press Apr 20, 2026