US stocks drift after expectations rise for the Fed to hike rates to get inflation under control
NEW YORK (AP) — U. S. stocks are drifting Friday while expectations rise for the Federal Reserve to hike interest rates soon to get the nation's high inflation under control. The S&P 500 was virtually unchanged after flipping between modest gains and losses through the morning. The Dow Jones Industrial Average was up 74 points, or 0. 1%, as of noon Eastern time, and the Nasdaq composite was 0. 5% lower. The bond market had more of a reaction following Kevin Warsh's first time speaking as of...
Read MoreFri, 28 Aug 2026
- US stocks drift after expectations rise for the Fed to hike rates to get inflation under control
- Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated
- Washington chemical tank was called unfit for service before deadly failure, investigators find
- Civil rights groups make urgent plea for voting rights in DC, ahead of midterm elections
- Trump used to say he saw a quick end to his Iran war, but 6 months later he claims hes in no hurry
- UK warns against Israel removing it from Gaza ceasefire center, and other news in the Middle East
- Rescuers retrieve flood survivors caked in mud as death toll in Nepal-China border disaster climbs
- Jury in Lindsay Clancy trial resumes deliberations
- Russian drones batter Ukraines Kyiv region, hitting apartments and warehouses for a second day
- Beloved New Orleans hospital, wracked by floods and grief in Hurricane Katrina, to get a makeover
- Judge says Pentagons measures against Anthropic were illegal and baseless
- Ebola outbreak in eastern Congo spreads to 2 new health zones with a total of 60 areas now affected
- Norways crown prince becomes King Haakon VIII after his fathers death
- Trump administration starts building border wall project in Arizona over tribes objections
- About 90 Americans unaccounted for after catastrophic floods hit Nepal and Tibet
- Catastrophic floods kill over 390 in Nepal and Tibet, with more than 1,400 missing
- Judge again blocks Trump mail ballot executive order in ruling thats likely to be swiftly appealed
- Shackled Tate brothers testify in bid to get out of jail, but judge delays decision
- ICE officers release from Texas jail opens a new front in the escalating fight over extradition
- Ratko Mladic, ex-Bosnian Serb warlord who oversaw atrocities, dies as a prisoner at 84
- Congo begins vaccinations to fight the fastest-growing Ebola outbreak in history
Thu, 27 Aug 2026
- Tropical Storms Karina and Lowell form in the Pacific Ocean as Dolly churns in the Atlantic
- Trump signs order renaming Lake Ontario as Lake America in the United States
- UEFA prepares criminal complaint in Swiss courts against FIFAs Infantino over World Cup sell-off
- Exclusive: RFK Jr. said a Samoa trip had nothing to do with vaccines. New documents refute that
- Jury begins deliberating whether Lindsay Clancy is criminally responsible for killing her children
- Yayoi Kusama, who splashed polka dots across the art world, dies at 97 in Tokyo
- Regional powers seek off-ramp from Iran war, and other Middle East developments
- Exclusive: US Patriot missile stocks in Europe are beyond critical due to Iran war, officials say
- Vigil held in Pakistan for 14 newborns as investigators probe cause of fatal hospital fire
- US goals have shifted after 6 months of Iran war. The Strait of Hormuz is now a top concern
- Nepal floods highlight growing glacier risks in warming Himalayas
- Republicans face a midterm verdict as Iran war drags on months longer than Trump promised
- What to know about Mount Kailash, a sacred site for pilgrims missing after floods in Nepal and Tibet
- Canada is bolstering its defense industry as US relations fray. A boom is on for local contractors
- In Dolly Partons theology, God and acceptance shared the same stage
- Michigan Democrats want to fight Trump. First they have to stop fighting each other
- Time limits and a midnight cutoff: Metas new rules for kids go further, but critics say not enough
- Zelenskyys direct plea helped unlock Russia sanctions in the Senate. Whats next is uncertain
- Floods caused by a glacial collapse kill at least 160 people on Nepal-China border, hundreds missing
- Father says college student was killed by police in Pennsylvania after he went to wrong house
- Maryland court rules Democratic-backed redistricting amendment cannot go on November ballot
Wed, 26 Aug 2026
- Iran warns of military ship ban in Hormuz under potential deal with Oman, and other Middle East news
- NFL owners unanimously approve the sale of the Seahawks to Vinod Khosla and his family
- Army to spend $2B to build nuclear microreactors at 5 bases as US seeks to ramp up nuclear power
- Meta reaches landmark $18 billion settlement with states in trial over teen social media addiction
- Republican nominee for Maine governor says he wants ICE agents at polling places in the state
- Talarico wants to unearth Paxtons depositions to keep focus on opponents past in Texas Senate race
- Wall Street holds mostly steady following the latest update on inflation
- Tim Curry, iconic character actor and Rocky Horror Picture Show star, dies at 80
- Judge removes one hurdle for Trump mail voting order as states file new challenge before midterms
- US-Canada animosity could impede an end to a trade war neither country wants
- A Wildberries depot in Russia is destroyed as Ukraine extends its drone campaign
- Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights
- Dolly Partons philanthropy was based on her belief in the goodness of people
- ICE officer charged with shooting in Minnesota could be released from Texas jail
- Fire in a hospital nursery kills 14 newborns in Pakistans capital
- Republican with same name as incumbent Dan Sullivan advances from Alaska US Senate primary
- Dolly Parton built a better world, with rhinestones and songs
- Release of Marine veteran from Russian custody turns focus to other detainees with health concerns
- In a divided America, the left and right unite to oppose artificial intelligence data centers
- Darline Graham wins South Carolina GOP nomination to replace her late brother in US Senate
- Dolly Parton, music star, actor and beloved figure who spanned generations, dies at 80 of cancer
- A Montana man killed 8 relatives, including 4 kids, at Sunday dinner, family says
- Nothing changes yet with the Supreme Courts order on elections. But it could open door to chaos
- Texas wildfire mushrooms within hours, ripping through ranchlands
- Quite a couple: Spouses Elina Svitolina and Gael Monfils reach US Open mixed doubles semifinals
- Trumps new economic squeeze on Iran has a big challenge: China
Tue, 25 Aug 2026
- Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East
- Pennsylvania reports first 2 measles deaths in the US this year, both people unvaccinated
- A year after Israeli strikes killed journalists at a hospital, no one has been held accountable
- Falling oil prices help calm the stock and bond markets
- Irans gas lines are growing, but theres no sign so far that its leaders will bow to US sanctions
- Federal judge rejects Ghislaine Maxwells miscarriage of justice claims and bid for prison release
- Putin decree lets Russia take control of infrastructure damaged in Ukrainian drone attacks
- Secret Service confirms awareness of Iranian state media video threatening Barron Trumps life
- A tornado tears through a village in southern France, injuring 39 and wrecking 300 homes
- A womens shelter for refugees in Poland fights for survival as anti-Ukrainian sentiment rises
- Trumps trade war with Canada could rattle economies in states with key Senate races
- The last few witnesses in the Lindsay Clancy murder trial are set to testify
- Canada to announce retaliatory tariffs as Trump tells its leaders to fall in line
- European leaders mark Ukraines 35th Independence Day as Russian invasion pushes on
- Strikes in Gaza kill 4, including 2 children, a week after US asked Israel to curb attacks
- Wife of active-duty Army sergeant is deported to Honduras under Trumps immigration crackdown
- Firefighters make progress against a Nevada wildfire thats destroyed more than 30 homes
Mon, 24 Aug 2026
- Supreme Court sides with Trump administration on mail voting restrictions ahead of midterms
- US set for largest mass visa revocation in history targeting up to 200,000 foreigners, officials say
- Wall Street drifts at the start of a week that could swing stocks and bonds
- Iran warns of a harsh response as US announces new sanctions and other Middle East news
- Trumps economic D-Day threats become warnings for countries to sever financial ties with Iran
- Economists dont expect reopening the US to Mexican cattle imports to reduce high beef prices
- Newsom returns to a defining California fight: Who pays for wildfire damage?
- US strikes a vessel in the eastern Pacific, killing 2 people in first attack in months
- Prince Harry to leave board of African Parks conservation nonprofit
- US and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread
- The world inches toward catastrophic climate events: Bigger shocks are on the way
- Congos Ebola outbreak records one of its highest weekly death tolls yet
- Fast-moving wildfire amid shifting winds threatens Reno, Nevada, forcing thousands to evacuate
- Thai prime minister meets security chiefs after coordinated attacks in 3 southern provinces
- 3-year college degrees grow more popular in the US, saving time and cash. But critics arent sold
- Tropical Storm Moke set to dump more heavy rain on hurricane-stricken Hawaii
Sun, 23 Aug 2026
- Iran official says support for new sanctions would be an act of war, and other Middle East news
- Carney warned about economic coercion. Now Trump is testing the Canadian prime minister
- Trump waves the green flag to start the IndyCar race as drivers zoom through Washingtons streets
- Lando Norris wins F1s Dutch Grand Prix after a daring pass on Kimi Antonelli
- Zelenskyy details rift with Ukraines dismissed defense minister Fedorov
- Kazakhstan votes in a parliamentary election expected to strengthen presidents grip on power
- Pete Buttigieg returns to South Carolina as he weighs another White House run
- Harry Kane, Giulia Gwinn are Germanys players of the year
- As the Clancy case highlights postpartum psychosis, a mom stricken by it shares her story of hope
- Dutch Grand Prix sees a potential path back to F1 amid Middle East uncertainty
- The sunhat is everywhere in Athens as crowds grow larger at ancient sites
- Buc-ees chain draws outcry in Ohio for launching fight over a mini marts beaver logo
- A moderate earthquake shakes Japan, injuring more than 30 people in the Tokyo region
- Officials warn wildland firefighters about the risks of using a supplement for smoke exposure
- Texas judge denies Karmelo Anthonys request for new trial in deadly stabbing at track meet
- Tropical Storm Moke advances toward Hawaii as winds strengthen
Sat, 22 Aug 2026
- Drivers turn their attention from the buildings to the bumps while testing out DCs IndyCar track
- Iran security chief threatens neighbors against economic measures, and other Mideast developments
- A trade war between Canada and the US further ruptures a once-close and durable alliance
- Russian and Ukrainian attacks kill 10 people, a day after deadly shopping mall drone strike
- Federal judge vacates Trump policy that suspended processing of immigration visas from 75 countries
- Pope Leo calls for dialogue over conflict, says young Catholics are a sign of hope
- This rare Nebraska district backed Harris but sent a Republican to Congress. Can Democrats win here?
- Somali pirates hijack oil tanker off Yemen in latest attack
- Congo receives more than 16,000 doses of Ebola vaccine as it grapples with unprecedented outbreak
- Court cuts $50M judgment against Alex Jones over falsely labeling Sandy Hook killings a hoax
- Trump urges South Carolinians to make Sen. Darline Graham the GOP nominee for US Senate
- TikTok reaches $400 million settlement with US Justice Department over childrens privacy
Fri, 21 Aug 2026
- Plane crashed on second attempt to land in heavy fog in Alaska, killing all 8 aboard, officials say
- Supreme Courts chief justice allows work on Trumps $400M White House ballroom to continue for now
- US stocks rise, even as the bond market applies more pressure
- Russian drones kill 15 people at a shopping mall in a central Ukrainian city, officials say
- Lindsay Clancys defense rests at trial over whether postpartum psychosis drove her to kill her kids
- Trump announces plan to lower beef prices, but ranchers and some Republicans are already balking
- Vance campaigns at the Ohio steel plant where his grandfather worked
- An attacker with a sword wounds at least 3 people at a school in Sweden
----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright © 1996 - 2026 CoreComm Internet Services, Inc. All Rights Reserved. | View our Privacy Policy
CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.