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Business

Wall Street veers upward after Trump softens his criticism of China

NEW YORK (AP) — And back up goes Wall Street. U.S. stocks rallied Monday after President Donald Trump said “ it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.6% in its best day since May and recovered ...

Wall Street ticks to more records, led by the technology stocks

NEW YORK (AP) — U.S. stocks edged up to more records on Thursday as technology stocks kept rising and as Wall Street kept ignoring the shutdown of the U.S. government. The S&P 500 added 0.1% to its all-time high set the day before. The Dow Jones Industrial Average rose 79 points, or ...

Wall Street yawns at DC’s looming shutdown as the Dow sets another record

NEW YORK (AP) — U.S. stocks coasted to the finish of their latest winning month on Tuesday, as Wall Street yawned at the potential shutdown of the U.S. federal government that’s looming. The S&P 500 rose 0.4% to close out its fifth straight winning month after setting a record last ...

Profit margin on flipping a home is at a 17-year low due to high prices

LOS ANGELES (AP) — It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expenses. That’s the lowest profit margin for such transactions since 2008, according to an ...