EXPLAINER: How do we know when a recession has begun?
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve sent a sobering message Wednesday after it announced its latest…
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Meta quieter on election misinformation as midterms loom
By AMANDA SEITZ Associated Press WASHINGTON (AP) — Facebook owner Meta is quietly curtailing some of the safeguards designed to thwart voting…
Continue Reading Indian police block opposition protests over price increases
By RISHI LEKHI and SHONAL GANGULY Associated Press NEW DELHI (AP) — Indian police have detained dozens of lawmakers from the opposition Congress…
Continue Reading ‘What recession?’: US employers add 528,000 jobs in July
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of…
Continue Reading What Equifax’s credit score errors mean for consumers
By AMANDA BARROSO and LAUREN SCHWAHN of NerdWallet Credit bureau Equifax announced that a computer coding error resulted in the miscalculation of…
Continue Reading 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…
Continue Reading 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 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 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 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…
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