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Business

Stocks end higher, giving S&P 500 its best week since July

Wall Street added to its recent gains Friday as stocks closed higher, driving the S&P 500 to its best week since July. The S&P 500 rose 0.7% for its third straight gain and ended the week 1.8% higher. The Dow Jones Industrial Average rose 1.1% and the Nasdaq composite gained 0.5%. ...

White House targeting economic risks from climate change

WASHINGTON (AP) — The Biden administration is taking steps to address the economic risks from climate change, issuing a 40-page report Friday on government-wide plans to protect the financial, insurance and housing markets and the savings of American families. The report lays out steps that ...

US stocks rally most since March as momentum builds

Technology companies powered a broad rally for stocks on Wall Street Thursday, lifting the S&P 500 to its biggest gain since March. The benchmark index rose 1.7% a day after breaking a three-day losing streak. The Dow Jones Industrial Average rose 1.6% and the tech-heavy Nasdaq climbed ...

‘As seen on TikTok’ is the new ‘As seen on TV’ trend

NEW YORK (AP) — Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok. A flood of videos last year showed people biting into the fruit gummies’ plastic casing, squirting ...

US unemployment claims fall to lowest level since pandemic

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months. Unemployment claims dropped 36,000 to 293,000 last week, the second ...

Modest gain breaks losing streak for S&P 500 index

Major U.S. stock indexes closed mostly higher Thursday, snapping a three-day losing streak for the S&P 500 despite another choppy day of trading. The benchmark index rose 0.3% after having been down 0.5% in the early going. It’s still on pace for a 0.6% weekly loss. The Dow Jones ...