Business Archives - Cowley Post

Verizon outage affecting thousands of customers

Wednesday, January 14

(NEW YORK) -- Some Verizon customers were experiencing a service outage on Wednesday afternoon, according to the company.Verizon said it was not immediately clear how long the service would be down."We are aware of an issue impacting wireless voice and data services for some... Read More.

Inflation expected to have held firm, posing challenge amid DOJ probe into Fed Chair Powell

Tuesday, January 13

(NEW YORK) -- An inflation report on Tuesday is set to provide a key gauge of the nation's economy, just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell brought fresh scrutiny to the independence of the central... Read More.

Stocks fall after Trump’s DOJ opens criminal probe into Fed Chair Powell

Monday, January 12

(NEW YORK) -- Stocks slid in early trading on Monday hours after reports that the Department of Justice had opened a criminal investigation into Federal Reserve Chair Jerome Powell centered on the central bank leader's remarks to Congress about an office renovation project.Powell,... Read More.

Could Trump bring down home prices by banning Wall Street ownership?

Friday, January 9

(WASHINGTON) -- President Donald Trump this week issued an attention-grabbing proposal cracking down on Wall Street in an effort to lower home prices and ease affordability woes.In a social media post, Trump said he would move to ban large institutional investors from... Read More.

Hiring slowed in December, defying Federal Reserve’s effort to boost hiring

Friday, January 9

(WASHINGTON) -- Hiring ticked down in December, defying the Federal Reserve's effort to boost hiring with a recent series of interest rate cuts, a jobs report on Friday showed. The reading fell short of economists' expectations.The U.S. added 50,000 jobs in December, which marked... Read More.

Could Venezuelan oil bring down US gas prices? Experts weigh in

Thursday, January 8

(NEW YORK) -- President Donald Trump has repeatedly touted the opportunity for U.S. companies to extract and sell oil from Venezuela, which holds the largest oil reserves in the world."We're going to be taking out a tremendous amount of wealth out of the ground,"... Read More.

Why are mortgage rates at their lowest level since 2024?

Friday, January 2

(NEW YORK) -- Mortgage rates this week fell to their lowest level in 15 months, easing borrowing costs for homebuyers eager for a thaw in the housing market in 2026.The average interest rate on a 30-year fixed mortgage stands at 6.15%, plummeting... Read More.

What did holiday shopping reveal about the US economy?

Wednesday, December 31

(NEW YORK) -- Holiday shopping season sets forth an annual gut check for the U.S. economy, prompting buyers to splurge in a show of optimism or cut back out of fear of what next year holds.In 2025, shoppers opened their... Read More.

The stock market surged in 2025. What do experts think could happen in 2026?

Wednesday, December 31

(NEW YORK) -- The stock market surged to record highs in 2025, hurtling past tariffs, a government shutdown and fears of a bubble in artificial intelligence.The S&P 500 -- the index that most people's 401(k)s track -- climbed about 17% this year, as of... Read More.

The new cars and SUVs everyone will be talking about in 2026

Wednesday, December 31

(NEW YORK) -- If you're looking for a new set of wheels next year, the choices can be overwhelming.From 3-row SUVs to wagons and futuristic electric vehicles, buyers can select from a wide range of powertrains, prices and body styles.Which models are already generating... Read More.

What’s driving the rollercoaster in gold and silver prices?

Tuesday, December 30

(NEW YORK) -- Silver prices on Monday suffered their largest single-day drop in almost five years, before rebounding nearly 8% in midday trading on Tuesday. Some other precious metals, including gold, rode a similar rollercoaster.The turbulent stretch comes near the end of a banner... Read More.

These states will raise the minimum wage in 2026

Monday, December 29

(NEW YORK) -- Nearly 20 U.S. states are set to raise their minimum wage in 2026, boosting pay for millions of workers spanning from Arizona to New Jersey.A mix of Republican- and Democrat-controlled states will raise their wage floors on Jan. 1 in keeping... Read More.

Business

Verizon outage affecting thousands of customers

Inflation expected to have held firm, posing challenge amid DOJ probe into Fed Chair Powell

Stocks fall after Trump’s DOJ opens criminal probe into Fed Chair Powell

Could Trump bring down home prices by banning Wall Street ownership?

Hiring slowed in December, defying Federal Reserve’s effort to boost hiring

Could Venezuelan oil bring down US gas prices? Experts weigh in

Why are mortgage rates at their lowest level since 2024?

What did holiday shopping reveal about the US economy?

The stock market surged in 2025. What do experts think could happen in 2026?

The new cars and SUVs everyone will be talking about in 2026

What’s driving the rollercoaster in gold and silver prices?

These states will raise the minimum wage in 2026

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