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Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

NEW YORK (AP) — Some sharp reversals kept financial markets unsteady on Thursday, as oil prices rose and U.S. stock indexes finished mixed. The S&P 500 fell 0.5% for a second straight loss after setting its all-time high. The Dow Jones Industrial Average added 51 points, or 0.1%, and the Nasdaq composite fell 1.3% as technology stocks took particularly hard hits. Stocks felt pressure from a 4.1% rise in the price for a barrel of Brent crude oil, the international standard, to $104.28. It’s been pinballing between $96 and nearly $110 over the last month on uncertainty about when ...

A lawsuit accuses Starbucks of mislabeling 8 ‘sugar-free’ drinks

Starbucks is facing a consumer lawsuit over claims that the protein drinks labeled “sugar-free” on its cafe menus may actually contain more sugar than a Reese’s peanut butter cup. The federal lawsuit filed late Friday in Seattle alleges that eight protein beverages Starbucks sells in the U.S. contain varying amounts of sugar even though the company lists them as sugarless. On Monday, the menu on Starbucks’ U.S. website listed a 16-ounce Sugar-Free Caramel Protein Matcha with 16 grams of sugar and a 20-ounce version of the same drink with 21 grams of sugar. By comparison, one ...

US stocks rise to the edge of an all-time high

NEW YORK (AP) — U.S. stocks rose to the edge of their all-time high on Monday after a couple buyout announcements helped lift the market. The S&P 500 climbed 0.7% and pulled within 0.3% of its record, which was set during the summer. The Dow Jones Industrial Average added 90 points, or 0.2%, while the Nasdaq composite rallied 1.1% to set its own record. PTC helped lead the market after leaping 33.5%. Schneider Electric of France said it would pay $205 in cash for each of the software company’s shares in a deal valuing it at about $22.6 billion. The proposed deal helped lift ...

YOUNGSTOWN — Banner Supply Company celebrated its 100th anniversary with a celebration Sept. 25. The event was open to the public and was attended by many of Banner Supply’s regular customers and former employees. A family-owned provider of building materials, roofing supplies and ...

High airfares could last even if jet fuel prices fall

Travelers could be stuck paying high airfares even if oil and jet fuel prices fall, major U.S. airlines and industry analysts say. The price of jet fuel shot up after the Iran war began and retreated sharply in the spring before surging again as the summer went on. Such fluctuations make it ...

If you’re worried about your bond portfolio, you’re missing the point

A friend who’s close to retirement texted that she was concerned about the bond market. She’d been building out that fixed-income allocation over the past several years at the urging of her adviser. Her message made me wonder if some people might have misguided ideas about bonds. Volatility is much lower than for stocks For one thing, notwithstanding the recent headlines, bonds’ volatility is almost always going to be mild alongside the fluctuations that stocks experience. For example, on Sept. 1, 2026, a day when bonds grabbed the top headline on The Wall Street Journal’s ...