Zimbabwe’s ruling party backs leader despite huge inflation
By FARAI MUTSAKA Associated Press HARARE, Zimbabwe (AP) — Zimbabwe’s president has opened a ruling party congress that is set to renominate him…
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A key US inflation gauge stayed at a high 6.2% in September
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained…
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Inflation data shows US prices were still uncomfortably high last month
By Alicia Wallace, CNN Business A new batch of inflation data released Friday showed that while prices remained uncomfortably high in September, a…
Continue Reading Elon Musk now owns Twitter. Here’s what he could change
By Clare Duffy, CNN Business After spending months attempting to get out of his deal to buy Twitter, Elon Musk officially owns the hugely influential…
Continue Reading ExxonMobil posts another record profit as oil prices remain high
By Chris Isidore, CNN Business America’s largest oil company ExxonMobil set a profit record for the second-straight quarter as oil and gas…
Continue Reading Oil giants rake in steep profits amid high energy prices
By CATHY BUSSEWITZ AP Energy Writer Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and…
Continue Reading The Fed is killing the housing market
CNN By Nicole Goodkind, CNN Business The US economy grew by a 2.6% adjusted annual rate in the third-quarter, bouncing back from two negative…
Continue Reading The Fed is killing the housing market
By Nicole Goodkind, CNN Business The US economy grew by a 2.6% adjusted annual rate in the third-quarter, bouncing back from two negative quarters…
Continue Reading Elon Musk takes over Twitter but where will he go from here?
By BARBARA ORTUTAY, TOM KRISHER and MATT O’BRIEN AP Business Writers Elon Musk has taken control of Twitter after a protracted legal battle and…
Continue Reading Swedes want further probing into Baltic Sea pipe line blasts
COPENHAGEN, Denmark (AP) — A Swedish prosecutor wants “a supplementary crime scene investigation” at the site of explosions that damaged two…
Continue Reading Airbus 3rd-quarter earnings grow despite supply chain woes
TOULOUSE, France (AP) — Airbus has reported that earnings grew in the third quarter and revenue is up through the first nine months of 2022 as it…
Continue Reading Germany sees unexpected growth in 3rd quarter; inflation up
By GEIR MOULSON Associated Press BERLIN (AP) — The German economy grew in the third quarter, an unexpectedly positive performance powered largely…
Continue Reading EU approves ban on new combustion-engine cars from 2035
BRUSSELS (AP) — European Union lawmakers and member countries have reached a deal to ban the sale of new gasoline and diesel cars and vans by 2035.…
Continue Reading Wall Street rally marks first weekly win streak since summer
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Technology stocks led a broad rally on Wall Street Friday, capping another strong…
Continue Reading India ruling party official to sue critical news website
NEW DELHI (AP) — An official from India’s ruling party says he will sue an independent local news website after it reported in a now-retracted…
Continue Reading Japan Cabinet OKs $200B spending plan to counter inflation
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s Cabinet has approved a hefty economic package including 29 trillion yen ($200 billion) in…
Continue Reading Elon Musk has taken control of Twitter and fired its top executives
By Donie O’Sullivan and Clare Duffy, CNN Business Elon Musk has completed his $44 billion deal to buy Twitter, a source familiar with the deal…
Continue Reading Prosecutors take charge of probe into Baldwin shooting
MORGAN LEE Associated Press SANTA FE, N.M. (AP) — A sheriff’s department submitted on Thursday its investigative findings to prosecutors in…
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Poll: Apathy grows as 62% of El Pasoans are now undecided on downtown arena in Duranguito
A new scientific poll of ABC-7 news viewers shows a significant increase in apathy over whether a downtown arena should be built in the Duranguito…
Continue Reading IRS hires 4,000 customer service workers ahead of tax season
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS has hired an additional 4,000 customer service representatives who are being trained…
Continue Reading Rail strike worry prompts businesses to seek WH intervention
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Businesses are increasingly worried about the renewed threat of a railroad strike after two…
Continue Reading NTSB: Valve leak fueled 2021 pipeline blast that killed 2
FARMERSVILLE, Texas (AP) — A valve leak and a spark of unknown origin combined to cause a North Texas natural gas pipeline explosion last year that…
Continue Reading 300 business groups call on Biden to intervene in rail unions contract vote
By Vanessa Yurkevich, CNN Three hundred business groups are calling on President Joe Biden to intervene in the ratification of the national tentative…
Continue Reading Explosives topple former coal-fired power plant in Minnesota
GRANITE FALLS, Minn. (AP) — A decommissioned coal-fired power plant in western Minnesota has crashed to the ground with a thunderous boom as part…
Continue Reading Apple’s revenue and profit edge up despite slowing economy
By MICHAEL LIEDTKE AP Technology Writer Apple has managed to boost both its sales and profit during a summertime quarter that depressed the fortunes…
Continue Reading Amazon posts weaker-than-expected 3Q revenue, stock tumbles
By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon has reported that it returned to profitability after two consecutive quarters of…
Continue Reading How major US stock indexes fared Thursday 10/27/2022
The Associated Press Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market. Facebook’s…
Continue Reading Apple is weathering the economic downturn better than fellow tech giants
By Clare Duffy, CNN Business Apple beat Wall Street analysts’ sales and income expectations for the quarter ended in September, despite an…
Continue Reading Apple is weathering the economic downturn better than fellow tech giants
CNN, CNNBUSINESS By Clare Duffy, CNN Business Apple beat Wall Street analysts’ sales and income expectations for the quarter ended in…
Continue Reading Biden signs international climate deal on refrigerants
By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden has signed an international agreement that compels the United States and…
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