AP National Business

The Associated Press Benchmark U.S. crude oil for November delivery fell $2.08 to $87.27 a barrel Wednesday. Brent crude for December delivery fell $1.84 to $92.45 a barrel. Wholesale gasoline for November delivery was unchanged at $2.63 a gallon. November heating oil was unchanged at $3.93 a gallon. November natural gas fell 16 cents to

MONTREAL (AP) — A Hydro-Quebec subsidiary is buying a company that operates 13 hydropower generating stations in Vermont, New Hampshire and Massachusetts. HQI US Holding LLC’s $2 billion purchase of Great River Hydro LLC and its dams that produce 589 megawatts of electricity will provide Hydro-Quebec with the largest hydropower operation in New England. Hydro-Quebec

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Federal Reserve officials at their last meeting stressed their commitment to taming “unacceptably high’’ inflation before announcing that they were raising their benchmark interest rate by a substantial three-quarters of a point for a third straight time and signaling more large rate hikes ahead. In minutes

By SUSAN HAIGH Associated Press HARTFORD, Conn. (AP) — The Republican candidate for governor in Connecticut has acknowledged for the first time that he has been a consultant for a proposed futuristic city in Saudi Arabia, backed by the powerful Saudi Crown Prince Mohammed bin Salman. The confirmation, first included in an article published Wednesday

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen is seeking to project confidence in the U.S. financial outlook while pledging vigilance in responding to “risks on the horizon.” She’s offering that message as global finance leaders gather in Washington to discuss the increasingly dismal view of the global economy. Yellen

MENLO PARK, Calif. (AP) — Why is it so hard to build a metaverse avatar — a visual representation of ourselves in the digital world — that walks on two legs? A cartoonish digital version of Meta CEO Mark Zuckerberg unveiled his new avatar legs and jumped up and down at a virtual-reality event Tuesday.

HELSINKI (AP) — Many pharmacies in Finland have run out of iodine tablets a day after the Nordic country’s health ministry recommended that households purchase a single dose in a case of radiation hazard emergency amid increasing fears of a nuclear incident due to Russia’s war in Ukraine. The Finnish Health Ministry said Tuesday that

By JOSH BOAK and EMILY SWANSON Associated Press WASHINGTON (AP) — More U.S. adults are now feeling financially vulnerable amid high inflation — a political risk for President Joe Biden and his fellow Democrats one month before the midterm elections. Some 46% of people now call their personal financial situation poor, up from 37% in

Associated Press CHICAGO (AP) — A specialist in plastic waste management, artists, musicians, computer scientists, and a poet-ornithologist who advocates for Black people in nature are among this year’s 25 winners of the John D. and Catherine T. MacArthur Foundation’s prestigious fellowships known as “genius grants” that honor discipline-bending and society-changing people whose work offers

By ERIC TUCKER Associated Press WASHINGTON (AP) — A federal judge has dismissed a Justice Department lawsuit that sought to force longtime casino developer Steve Wynn to register as a foreign agent. At issue was lobbying work that the department said he conducted at the behest of the Chinese government during the Trump administration. In

By THALIA BEATY Associated Press The winners of the MacArthur Foundation’s prestigious fellowship this year include a waste management engineer, an ornithologist and writers, physicians and mathematicians. The Chicago-based foundation announced 25 new recipients of its “genius grants” on Wednesday and said it was increasing the award amount to $800,000 over five years. Marlies Carruth,

By THALIA BEATY Associated Press The Seattle-based Fred Hutchinson Cancer Center announced a $710 million gift from the Bezos family. It’s the largest gift the center has ever received and one of the largest to go to any single cancer research organization in recent years. The center said Wednesday the donation will fund 36 new

By DEE-ANN DURBIN AP Business Writer PepsiCo raised its full-year revenue and earnings forecast Wednesday after a stronger-than-expected third quarter sales driven by higher prices. The Purchase, New York-based snack and drink maker said its sales volumes were down 1% from the July-September period a year ago. But pricing surged 17%. PepsiCo said it’s trying

By DANICA KIRKA Associated Press LONDON (AP) — Prime Minister Liz Truss took office last month promising to rebuild the British economy and put the nation a path to “long-term success.” Instead, her tenure so far has been marred by turmoil as mortgage rates soared, the pound fell to record lows and chaos on bond

By JAMEY KEATEN Associated Press GENEVA (AP) — Switzerland is grappling with how to respond to a European human rights court ruling that it unfairly discriminates against men — because widowers receive lower state payments than widows do. Swiss lawmakers must now decide whether to give more money to men, or pay less to women.

NICOSIA, Cyprus (AP) — An official says the Cyprus has begun proceedings to revoke citizenship from three investors and seven of their family members that was granted under the country’s ill-fated investment-for-citizenship program that a probe found had repeatedly flouted its own rules. Deputy government spokeswoman Niovi Parisinou said Wednesday that, overall, similar citizenship revocation

By CLAIRE RUSH Associated Press/Report for America ASTORIA, Ore. (AP) — A shortage of child care in the U.S. has become so acute that it’s reaching far into rural communities, including one northwestern Oregon county where future embryos are in line for a spot at Amy Atkinson’s nursery and preschool. “We have children that have

By LAURAN NEERGAARD AP Medical Writer The U.S. on Wednesday authorized updated COVID-19 boosters for children as young as 5, seeking to expand protection ahead of an expected winter wave. Tweaked boosters rolled out for Americans 12 and older last month, doses modified to target today’s most common and contagious omicron relative. While there wasn’t

SAN JUAN, Puerto Rico (AP) — The prime minister of the Bahamas has announced an increase in the island’s minimum wage and temporary price controls on goods such as eggs, bread and diapers amid a spike in inflation. The minimum wage will increase from $210 to $260 a week. It will be retroactive from July

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation at the wholesale level rose 8.5% in September from a year earlier, its third straight decline though it is still at a painfully high level. Wednesday’s report from the Labor Department also showed that the producer price index — which measures price changes before they

By GEIR MOULSON Associated Press BERLIN (AP) — The German government has slashed its growth forecast for this year and predicted that Europe’s biggest economy would shrink in 2023 as Germany deals with the fallout from Russia’s war in Ukraine including Moscow cutting off natural gas supplies. The Economy Ministry said Wednesday that it expects

BANGKOK (AP) — Toyota Motor Corp. says it has begun assembling autos in Myanmar after more than a yearlong delay following a military takeover in February 2021. The factory in the Thilawa Special Economic Zone, outside the country’s biggest city, Yangon, is owned by Toyota and its trading arm, Toyota Tsusho. It assembles Hi-Lux pickup

MOSCOW (AP) — Russian President Vladimir Putin says that Moscow is ready to resume gas supplies to Europe via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea. Putin told an energy forum in Moscow on Wednesday that the U.S. was likely behind the explosions that ripped through both links of