Wall Street is set to open higher on Thursday as strong Microsoft results helped technology stocks recover from their sharp post-Federal Reserve sell-off. Dow Jones futures were up 225 points, or 0.4%, while S&P 500 futures pointed to a 0.6% gain and the Nasdaq was called 1.3% higher. The previous session saw the Dow lose 1,153 points or 2.2% to close at 51,594,
» Read more about: Dow and Nasdaq set to rebound as Microsoft lifts futures »
Published Thursday, July 30, 2026 | 5:39 a.m.
Updated 1 hour, 26 minutes ago
WASHINGTON (AP) — The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target.
By PAUL WISEMAN, AP Economics WriterWASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of inflation grew more slowly last month, but remained above the central bank’s 2% target.
The Commerce Department reported Thursday that growth in U.S.
Tesla’s (TSLA -2.97%) second-quarter update failed to impress the market. The company’s core electric vehicle (EV) business performed well, with deliveries growing by a strong 25% year over year to 480,126, well ahead of the consensus analyst estimate. This helped power healthy top-line growth. The company’s revenue climbed by 26% year over year to $28.2 billion.
» Read more about: Can Tesla’s projects live up to the hype? »
U.S. stocks ended sharply lower on Wednesday after the Federal Reserve kept interest rates unchanged, raising fears that the central bank could face major challenges in taming sky-high inflation. Also, AI-related semiconductor stocks continued their decline ahead of quarterly results from a batch of big tech companies. All three major indexes ended in negative territory.
With 40% of public sector workers prioritizing guaranteed retirement income, eligible plans now meet demand with a new in‑plan option
WASHINGTON, July 30, 2026–(BUSINESS WIRE)–MissionSquare announced today the activation of Income America 5forLife®,
» Read more about: MissionSquare launches Income America 5forLife® for retirement plans »
A global technology stock sell-off intensified on Tuesday, underpinned by worries over hefty bills for the build-out of artificial intelligence systems and concerns over tougher competition from China.
The Nasdaq Composite index, chock-full of big technology companies, came close on Tuesday to falling into correction, Wall Street’s term of a drop of 10 percent or more from its recent peak,
» Read more about: Tech Stocks Tumble on Worries Over A.I. Spending and China’s Chips »
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» Read more about: August Social Security payment dates: Why some SSI checks arrive in July »
If you’re not currently claiming Social Security benefits, it’s easy to feel like the program’s looming insolvency isn’t something that concerns you. A possible 22% benefit cut in six years may be devastating to a senior who relies heavily upon their checks to cover living expenses. But it may not make much of a difference to you as a working adult,
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A case like Anderson v. Intel Corporation Investment Policy Committee will never lead the evening news. There is no constitutional clash,