Wall Street falls as jobs data suggests Fed hikes not over
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stock indexes closed mostly lower Friday after a roller-coaster…
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India raises interest rate to 5.4%, in 3rd hike since May
ASHOK SHARMA Associated Press NEW DELHI (AP) — India’s central bank has raised its key interest rate by a half percentage point to 5.4% in its…
Continue Reading Tougher IRS enforcement central to Dem economic package
By KEVIN FREKING Associated Press WASHINGTON (AP) — After more than a decade of mostly losing out, the Internal Revenue Service may finally get the…
Continue Reading Tesla investors approve stock split; Musk to add factories
DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company’s shares more…
Continue Reading Beyond Meat announces layoffs after lower Q2 sales
By DEE-ANN DURBIN AP Business Writer Plant-based meat maker Beyond Meat says it’s laying off 4% of its workforce. The move follows a difficult…
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As inflation takes a toll, Americans face tough decisions about medical care
CNN By Gabe Cohen, CNN There are medicines that Angelina Scott can’t live without. Between her Atrial Fibrillation, high blood pressure and…
Continue Reading Americans loaded up on $40 billion more in debt in June, Fed says
CNN, CNNBUSINESS Martha C. White for CNN Business Americans piled on $40.1 billion worth of debt in June, the Federal Reserve said Friday afternoon.…
Continue Reading As inflation takes a toll, Americans face tough decisions about medical care
By Gabe Cohen, CNN There are medicines that Angelina Scott can’t live without. Between her Atrial Fibrillation, high blood pressure and high…
Continue Reading HBO Max and Discovery+ are combining next year
By Frank Pallotta, CNN Business HBO Max and Discovery+ are finally joining forces. The long-awaited merger of the two services will debut in the US…
Continue Reading The streaming wars are over
CNN, CNN BUSINESS By Frank Pallotta, CNN Business In November 2019, Disney debuted Disney+, kicking off the so-called streaming wars and prompting…
Continue Reading Efforts fail to save historic Alaska theater from demolition
By MARK THIESSEN Associated Press ANCHORAGE, Alaska (AP) — Demolition is scheduled to begin this week on a once-opulent downtown Anchorage movie…
Continue Reading Twitter responds to Musk’s claims, calls them ‘excuses’
By BARBARA ORTUTAY AP Technology Reporter SAN FRANCISCO (AP) — Twitter denied in a court filing that it had deprived its would-be acquirer,…
Continue Reading Jury finds Alex Jones caused $4 million in damages to two Sandy Hook parents
By Oliver Darcy, CNN Business Right-wing talk show host Alex Jones will have to pay the parents of a Sandy Hook shooting victim a little more than $4…
Continue Reading Democrats say they’ve reached agreement on economic package
By ALAN FRAM Associated Press WASHINGTON (AP) — Senate Democrats have agreed to eleventh-hour changes to their marquee economic legislation, they…
Continue Reading Jury finds Alex Jones caused $4 million in damages to two Sandy Hook parents
CNN By Oliver Darcy, CNN Business Right-wing talk show host Alex Jones will have to pay the parents of a Sandy Hook shooting victim a little more…
Continue Reading Jury finds Alex Jones caused $4 million in damages to two Sandy Hook parents
CNN By Oliver Darcy, CNN Business Right-wing talk show host Alex Jones will have to pay the parents of a Sandy Hook shooting victim a little more…
Continue Reading CEO of publishing giant defends deal challenged by US gov’t
By MARCY GORDON AP Business Writer WASHINGTON (AP) — The head of publishing titan Penguin Random House is defending his company’s deal to acquire…
Continue Reading Surprise Senate vote would overturn Biden environmental rule
By MATTHEW DALY Associated Press WASHINGTON (AP) — In a surprise victory for Republicans, the Senate on Thursday voted to overturn a Biden…
Continue Reading Germany’s Lufthansa, union reach pay deal for ground staff
BERLIN (AP) — Lufthansa and a union representing its ground staff in Germany have reached a deal to end a pay dispute, a week after a one-day…
Continue Reading Clorox, Hostess fall; MGM, Cigna rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Clorox, Hostess fall; MGM, Cigna…
Continue Reading How major US stock indexes fared Thursday 8/04/2022
The Associated Press Stocks are closing mixed on Wall Street Thursday as investors continued to review the latest updates on the economy and…
Continue Reading DoorDash sees record orders in Q2 as it combines with Wolt
By DEE-ANN DURBIN AP Business Writer DoorDash has reported that it received a record number of customer orders in the second quarter, boosted by…
Continue Reading Argentina: New economy chief met by market, political doubts
By ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) — The market welcomed Argentina’s new Economy Minister Sergio Massa with what…
Continue Reading Biden, Republicans spar over impact of Dems’ economic plan
By JOSH BOAK Associated Press WASHINGTON (AP) — Democrats call it the “Inflation Reduction Act.” Republicans say it’s a “tax and…
Continue Reading The market read the Federal Reserve all wrong
CNN, CNNBUSINESS By Julia Horowitz, CNN Business After the Federal Reserve’s July meeting, investors quickly reached a consensus: The central…
Continue Reading Massive jobs surprise: US economy added 528,000 jobs in July
CNN, CNNBUSINESS By Alicia Wallace, CNN Business The US economy has now regained all jobs lost during the pandemic, after a blowout July jobs report…
Continue Reading Massive jobs surprise: US economy added 528,000 jobs in July
By Alicia Wallace, CNN Business The US economy has now regained all jobs lost during the pandemic, after a blowout July jobs report that showed a…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for September delivery fell $2.12 to $88.54 a barrel Thursday. Brent crude for October delivery fell…
Continue Reading Twitter subpoenas Elon Musk’s associates as legal battle heats up
By Jennifer Korn and Clare Duffy, CNN Twitter has subpoenaed a number of Elon Musk’s associates, according to court filings and public…
Continue Reading Twitter subpoenas Elon Musk’s associates as legal battle heats up
CNN By Jennifer Korn and Clare Duffy, CNN Twitter has subpoenaed a number of Elon Musk’s associates, according to court filings and public…
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