Stock options enable employees to profit from companies that perform well down the line. However, you must carefully plan and strategize to be…
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Hopefully, the third time is the charm.
U.S. stocks edged back from their record heights in Wall StreetÃÛÁÄÖ±²¥™s final moves before an upcoming update on inflation. The S&P 500 fell 0.3% after flirting with its all-time high earlier in the day. The Dow Jones Industrial Average dipped 0.5%, and the Nasdaq shaved 0.3% off its record. The highlight of this week for Wall Street is likely to arrive on Tuesday, when the government will report how bad inflation was across the country in July. A hot reading could discourage the Federal Reserve from delivering the cuts to interest rates that President Donald Trump has been demanding.
HUNTINGTON ÃÛÁÄÖ±²¥” Most venture capital funding goes to California, New York and Massachusetts, meaning states like West Virginia tend to be overloo…
A look at local business news this week.
Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments. That's according to an executive order signed Thursday by President Donald Trump. His order could give those financial players long-sought access to a pool of funds worth trillions. There's no immediate change in how people invest part of their work earnings. Federal agencies would need to rewrite rules and regulations to allow the expanded choices, and that would take months or more to complete. New plans from employers could invest in alternative assets, particularly private equity, cryptocurrencies and real estate.
U.S. stocks drifted to a mixed finish as President Donald TrumpÃÛÁÄÖ±²¥™s tariffs on dozens of countries had only a muted effect on markets worldwide. The S&P 500 slipped 0.1% Thursday. The Dow Jones Industrial Average dipped 0.5%, and the Nasdaq composite rose 0.3% to a record. Worries are high that TrumpÃÛÁÄÖ±²¥™s tariffs are damaging the economy, particularly after last weekÃÛÁÄÖ±²¥™s worse-than-expected report on the job market. But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from big U.S. companies are helping to offset the concerns, at least for now. Treasury yields ticked higher.
Global financial markets are reacting to President Donald Trump's tariff adjustments. Markets rose across much of Europe and Asia, while stocks are slipping on Wall Street. Trump started imposing higher import taxes on goods from more than 60 countries, including the European Union, Japan and South Korea. The higher import taxes are part of his strategy to reduce the U.S. trade deficit and encourage foreign investment in America. But there are signs of stalled hiring, rising inflation and declining home values. Trump is optimistic about economic growth. But many experts warn of potential long-term damage.
Truck trailers are parked on a dock in the Civitavecchia Harbour, Italy, Thursday, Aug. 7, 2025. (AP Photo/Gregorio Borgia)
The Statue of Liberty is seen near Port Liberty Terminals, Wednesday, Aug. 6, 2025, in New York. (AP Photo/Frank Franklin II)