rising stock market

WASHINGTON | US household wealth jumps $2T, led by rising stock market

WASHINGTON  — A stock market rally, which has since reversed, propelled U.S. household net worth to a record high of $109 trillion in the July-September quarter. The Federal Reserve says the value of Americans‘ stock and mutual fund holdings soared $1.2 trillion. Home values rose $200 billion. Other assets, such as bank accounts, also increased. … Continue reading WASHINGTON | US household wealth jumps $2T, led by rising stock market

WASHINGTON | AP-NORC Poll: Americans harbor doubts about Trump’s tariffs

WASHINGTON — Fewer than half of Americans expect President Donald Trump’s tariffs to do much to help the U.S. economy, but their widespread unpopularity hasn’t led most Republicans to stray from supporting the president’s trade policy as the 2018 midterm elections approach. Majorities of Americans also doubt the recently announced taxes on imports will increase … Continue reading WASHINGTON | AP-NORC Poll: Americans harbor doubts about Trump’s tariffs