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Business & Tech

Fed’s favored inflation gauge accelerates slightly in August

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from a 2.6% ...

Wall Street coasts to the finish of its latest record-setting week

NEW YORK (AP) — Wall Street tacked on some more gains Friday as it glided to the finish of its latest record-setting week. The S&P 500 rose 0.5% to close out its sixth winning week in the last seven. The Dow Jones Industrial Average added 172 points, or 0.4%, and the Nasdaq composite ...