AP National Business

By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) — When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event. It barely filled a single table. Now, the “Women at Jackson Hole” happy hour draws

By FRANCESCA EBEL Associated Press TUNIS, Tunisia (AP) — African heads of state, representatives of international organizations and private business leaders gathered in Tunisia on Saturday for the Tokyo International Conference on African Development, a triennial event launched by Japan to promote growth and security in Africa. Economic fallout from the COVID-19 pandemic, a food

KUALA LUMPUR, Malaysia (AP) — Malaysia’s top court has condemned as a deliberate smear attempt the leaking of the alleged verdict against the wife of jailed ex-Prime Minister Najib Razak. The high court is due to deliver its verdict next Thursday in Rosmah Mansor’s corruption trial involving alleged bribes over a $280 million solar energy

KUALA LUMPUR, Malaysia (AP) — Malaysia’s government says it will present its 2023 national budget on Oct. 7, three weeks ahead of schedule, sparking speculation that it may call an early general election. Polls aren’t due until September next year, but Prime Minister Ismail Sabri Yaakob has come under pressure from his United Malays National

By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — California legislators and Gov. Gavin Newsom’s office are discussing a compromise over the future of the state’s last operating nuclear power plant that could allow operator Pacific Gas & Electric to seek federal funds for a longer lifespan for the reactors. It’s possible a final

By GABE STERN Associated Press/Report for America LAS VEGAS (AP) — The Nevada secretary of state’s office has approved new rules for counties to hand-count votes starting as soon as this fall’s midterm elections. The approval came amid an effort in some rural Nevada areas to count ballots by hand because of misinformation about voting

BLOOMINGTON, Minn. (AP) — A man with a rifle was arrested at the Mall of America after what police said was an armed robbery, just three weeks after the mall was locked down after shots were fired near a store. The mall said in a statement that security “immediately became aware of the situation” and

The Associated Press Stocks ended sharply lower after the head of the Federal Reserve dashed Wall Street’s hopes that it may soon ease up on rate hikes in its effort to tame inflation. The S&P 500 lost 3.4% Friday, its biggest drop in two months, after Jerome Powell said the Fed will likely need to

The Associated Press Benchmark U.S. crude oil for October delivery rose 54 cents to $93.06 a barrel Friday. Brent crude for October delivery rose $1.65 to $100.99 a barrel. Wholesale gasoline for September delivery rose 4 cents to $2.85 a gallon. September heating oil rose 6 cents to $4.01 a gallon. September natural gas fell

By BOB CHRISTIE Associated Press PHOENIX (AP) — A voter initiative rolling back Republican-backed election law changes and expanding voting access will not appear on the November ballot, the Arizona Supreme Court ruled Friday, issuing a final death knell after an on-again off-again series of court rulings. The high court decision upholds a lower court

MADRID (AP) — Spanish financial authorities are planning to keep a close eye on a major cryptocurrency metaverse event being organized in Madrid this weekend. The CNMV stock market regulator warned that neither the organizers of the event, Mundocrypto, nor the sponsors have authorization to provide investment services or gather funds. The event Saturday at

By PREDRAG MILIC Associated Press PODGORICA, Montenegro (AP) — Montenegro’s security agency has warned that Russian hackers have launched a massive and coordinated cyberattack against the small state’s government and its services. The Agency for National Security, or ANB, said Friday that Montenegro is “under a hybrid war at the moment.” The Adriatic Sea state,

By MARCY GORDON and JOE MCDONALD AP Business Writers WASHINGTON (AP) — The U.S. and China have reached a preliminary agreement allowing U.S. regulators to inspect the audits of China-based companies whose stocks are traded on U.S. exchanges. In a long-festering dispute, U.S. regulators have threatened to boot a number of Chinese companies off U.S.

By DAVE COLLINS Associated Press HARTFORD, Conn. (AP) — Medical examiners confirmed Friday that convicted Ponzi schemer and Jeffrey Epstein mentor Steven Hoffenberg was the person found dead in a Connecticut apartment earlier this week. Hoffenberg, 77, is believed to have died at least seven days before his body was found Tuesday in Derby by

By MUNIR AHMED Associated Press ISLAMABAD (AP) — Pakistan’s prime minister is asking for international help for the impoverished nation’s flood victims. Friday’s appeal from Prime Minister Shahbaz Sharif came amid exceptionally heavy monsoon rains, which have been lashing the country since mid-June. The downpours have caused flash floods and killed 937 people. Although floodwater

By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark warning Friday about the Fed’s determination to fight inflation with more sharp interest rate hikes: It will likely cause pain for Americans in the form of a weaker economy and job losses. The message landed with

By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — A small submarine has found the remains of 10 migrants who drowned when their boat sank in late April off the coast of Lebanon with about 30 people on board. The boat was carrying around 80 Lebanese, Syrians and Palestinians trying to migrate by sea to Italy

By AARON MORRISON Associated Press NEW YORK (AP) — In 2016, responding to the fatal police shootings of two Black men just a day apart, Serena Williams joined a small chorus of top Black athletes in speaking out. “I won’t be silent!” she vowed. “Have we not gone through enough, opened so many doors, impacted

NEW YORK (AP) — Some 150 artworks from the collection of Microsoft co-founder Paul G. Allen will be auctioned at Christie’s in New York this fall and are expected to bring in more than $1 billion in total. Christie’s says the works to be auctioned span 500 years of art history from Old Masters to

By DAVID BAUDER AP Media Writer NEW YORK (AP) — It was the kind of story that media reporter Brian Stelter would normally sink his teeth into — if only it didn’t involve him. CNN said last week it was cancelling “Reliable Sources,” its 30-year-old program on the media, and letting Stelter go, part of

By MARIA DI MENTO of The Chronicle of Philanthropy Chronicle of Philanthropy The health of the world’s oceans looms large in Wendy Schmidt’s thinking about the planet’s future and in her giving. Schmidt leads a collection of philanthropies through which she and her husband, former Google CEO Eric Schmidt, work to help protect the planet.

By MICHELLE CHAPMAN AP Business Writer Elon Musk’s SpaceX and T-Mobile are teaming up to help provide voice and data services anywhere by having satellites connect with cellphones using T-Mobile’s wireless spectrum. The plan, called Coverage Above and Beyond, looks to use SpaceX’s Starlink satellites that are in low Earth orbit and T-Mobile’s wireless network

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency says it’s designating two “forever chemicals” used in cookware, carpets and firefighting foams as hazardous substances. That clears the way for quicker cleanup of the groups of toxic compounds known as PFAS. Designation as a hazardous substance under the Superfund law means releases

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked. According to a Commerce Department report Friday that is closely watched by the Federal Reserve, consumer prices rose 6.3% in July from a

MORAG, Poland (AP) — Poland has sealed a deal with South Korea to purchase $5.8 billion worth of tanks, howitzers and ammunition. Poland’s deputy prime minister on Friday signed the contract to confirm it. The ceremony took place at a military base in Morag, in northern Poland. Poland’s conservative government has moved to strengthen the

By FRANK JORDANS Associated Press BERLIN (AP) — Germany is considering backtracking on plans for consumers to pay a surcharge on natural gas amid mounting criticism that the money could flow to highly profitable energy companies. The surcharge could cost the average household several hundred euros (dollars) a year. It is aimed at rescuing importers