Business Archives - Cowley Post

Gas prices are falling despite the Iran war’s impact. Will it last?

Thursday, June 4

(NEW YORKI) --Drivers stung by high gas prices have enjoyed some welcome relief over the last couple of weeks, even as the impact of the Iran war continues to choke off oil supply.The national average price of a gallon of gas stood at $4.26... Read More.

Trump admin sent $20.6B in tariff refunds so far: Court filing

Thursday, May 28

(NEW YORK) -- A court filing shows how businesses are getting money back from the U.S. government after the Supreme Court ruled many of President Donald Trump's tariffs were illegal.The Trump administration has sent out $20.6 billion in tariff refunds so far, according to... Read More.

Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says

Thursday, May 21

(NEW YORK) -- The top financial officer in New York City on Thursday warned that artificial intelligence could put thousands of workers in the nation's largest metropolis out of a job as soon as this year, while acknowledging that the ultimate impact... Read More.

What rising bond yields mean for mortgages and credit card rates

Thursday, May 21

(NEW YORK) -- U.S. Treasury yields soared in recent days as the Iran war stoked inflation fears, threatening to drive up borrowing costs for everything from mortgages to credit cards to auto loans.The yields on 30-year bonds - the amount paid to a bondholder... Read More.

Court dismisses Elon Musk’s case against Sam Altman and OpenAI

Monday, May 18

(NEW YORK) -- A jury on Monday found that Elon Musk waited too long to bring claims accusing OpenAI, under Sam Altman's leadership, of abandoning its public-benefit mission as it moved toward a for-profit structure.The nine-person advisory jury determined that the claims against OpenAI... Read More.

Takeaways from Fed Chair Jerome Powell’s tenure as he steps down

Friday, May 15

(NEW YORK) -- A global pandemic that put millions of Americans out of work within days. The highest inflation in four decades. An unprecedented federal criminal investigation.Fed Chair Jerome Powell faced a succession of crises over his 8-year tenure atop the central bank, which... Read More.

Dow crosses 50,000 as investors eye Trump-Xi summit

Thursday, May 14

(NEW YORK) -- The Dow Jones Industrial Average on Thursday crossed above 50,000, shrugging off a renewed bout of inflation and an apparent impasse in negotiations over the Iran war.The rise in shares came as President Donald Trump visited Chinese President Xi Jinping in... Read More.

Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe

Wednesday, May 13

(WASHINGTON) -- The Senate voted Wednesday to confirm Federal Reserve chair nominee Kevin Warsh, clearing the way for Warsh to replace central bank head Jerome Powell when his term ends later this week.The Senate confirmed Warsh by a vote of 54 to 45.... Read More.

Inflation jumps to its highest level in three years

Wednesday, May 13

(NEW YORK) -- Inflation rose for a second consecutive month as the U.S.-Israeli war with Iran continued to send gasoline prices surging in April, government data on Tuesday showed. The inflation report matched economists' expectations.Prices rose 3.8% in April compared to a year earlier,... Read More.

DOJ reaches $30 million deal with PayPal over minority-owned business program

Tuesday, May 12

(WASHINGTON) -- PayPal has agreed to waive $30 million in processing fees in order to resolve a federal investigation into an investment program that sought to boost Black and minority-owned businesses, the Justice Department announced Tuesday.The probe is just one of a number launched... Read More.

Soaring fuel costs draw attention to higher prices at name-brand gas stations

Tuesday, May 12

(LOS ANGELES) -- A Chevron gas station in Los Angeles elicited headlines in recent weeks for charging an eye-popping $8.71 a gallon, becoming an emblem for the spike in fuel costs set off by the Iran war.Sky-high gas prices nationwide owe primarily to a... Read More.

Inflation report to show latest prices as fuel costs surge amid Iran war

Tuesday, May 12

(NEW YORK) -- An inflation report on Tuesday will provide a fresh gauge of prices as the Iran war ratchets up costs for gasoline, airfares and other expenses.Economists expect consumer prices to have risen 3.8% in April, when a surge in gasoline costs took... Read More.

Business

Gas prices are falling despite the Iran war’s impact. Will it last?

Trump admin sent $20.6B in tariff refunds so far: Court filing

Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says

What rising bond yields mean for mortgages and credit card rates

Court dismisses Elon Musk’s case against Sam Altman and OpenAI

Takeaways from Fed Chair Jerome Powell’s tenure as he steps down

Dow crosses 50,000 as investors eye Trump-Xi summit

Senate confirms Fed chair nominee Kevin Warsh, ending standoff over Powell probe

Inflation jumps to its highest level in three years

DOJ reaches $30 million deal with PayPal over minority-owned business program

Soaring fuel costs draw attention to higher prices at name-brand gas stations

Inflation report to show latest prices as fuel costs surge amid Iran war

Pool's Body Shop Weather Center

Upcoming Events

32nd Annual For Kids Sake Campaign – Join The Journey

For Kids’ Sake Game on For Good!

Big Brothers Big Sisters Join the Journey

Free Summer Meals Multiple Dates and Stops

ACRC Swim Lessons Session 1

Follow Us on Facebook

Recent Posts