Study: US shoppers outspend Chinese to restore luxury market
By COLLEEN BARRY AP Business Writer MILAN (AP) — A new study shows that the personal luxury market of high-end accessories, leather goods and…
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The stock market is happy; the bond market is showing worry
By STAN CHOE AP Business Writer NEW YORK (AP) — Something strange is happening in the bond market, which is usually seen by many investors as the…
Continue Reading Rivian rockets past GM to become 2nd most valuable carmaker
The Associated Press NEW YORK (AP) — Rivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has…
Continue Reading Hungary to cap gasoline and diesel prices amid surging costs
BUDAPEST, Hungary (AP) — Hungarians will soon have some relief at the pumps after the government announced it will limit the price of gasoline and…
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Surging inflation sets up high-stakes fight in Washington
By Julia Horowitz, CNN Business Prices for American consumers are rising at the fastest rate in three decades, setting the stage for a standoff…
Continue Reading US Chamber: Trump is ‘wrong’ on infrastructure bill
CNN, KATV By Matt Egan, CNN Business Former President Donald Trump has blasted the bipartisan infrastructure legislation recently passed by Congress…
Continue Reading Turkish lira slides to new low after jump in US inflation
ANKARA, Turkey (AP) — The Turkish lira again has slid to a record low against the U.S. dollar after a surge in U.S. consumer prices inflamed…
Continue Reading Tencent is starting to feel the pain of China’s ‘new normal’
By Michelle Toh, CNN Business Tencent’s growth has slowed significantly as a widening regulatory crackdown in China weighs on its business,…
Continue Reading Chinese shoppers spend $139 billion during Singles’ Day fest
By ZEN SOO Associated Press BEIJING (AP) — Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza,…
Continue Reading UN chief says global warming goal on ‘life support’
By SETH BORENSTEIN and FRANK JORDANS Associated Press GLASGOW, Scotland (AP) — United Nations Secretary-General Antonio Guterres says the goal of…
Continue Reading Europe’s economic recovery faces hit from high energy costs
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Commission has raised its growth forecast for the year for the 19…
Continue Reading Indonesia, UK discuss future technology and cybersecurity
By EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — British Foreign Secretary Liz Truss has met with Indonesian officials to discuss closer…
Continue Reading UK economic growth held back by supply chain problems
By PAN PYLAS Associated Press LONDON (AP) — The British economy slowed down during the third quarter of the year as widespread supply chain…
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Doctors respond to 20 common concerns about the flu shot
The flu is a complicated, seasonal disease, which invites questions each year about why and how Americans should protect themselves against it.…
Continue Reading Asian shares open higher after modest gains on Wall St
By ELAINE KURTENBACH AP Business Writer Shares are mostly higher in Asia after Wall Street benchmarks managed to close mostly higher. Stocks advanced…
Continue Reading EXPLAINER: Why US inflation is so high, and when it may ease
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Inflation is starting to look like that unexpected — and unwanted — houseguest who just…
Continue Reading Alibaba posts record sales for Singles Day, but growth is slowing
By Laura He, CNN Business Alibaba reported another year of record sales figures for Singles Day, the world’s largest annual shopping event. But…
Continue Reading America’s prices are surging more than they have in 30 years
By Anneken Tappe, CNN Business There’s no end in sight for higher prices. US consumer price inflation surged higher again in October, the…
Continue Reading Elon Musk just sold $5 billion worth of Tesla stock
By Chris Isidore and Jill Disis, CNN Business Elon Musk sold roughly $5 billion worth of Tesla shares this week — his first such sale since 2016…
Continue Reading SpaceX crew launch marks 600 space travelers in 60 years
CAPE CANAVERAL, Florida — SpaceX has launched four astronauts to the International Space Station. The flight comes just two days after SpaceX…
Continue Reading Nike extends as US Soccer Federation equipment supplier
CHICAGO (AP) — Nike has agreed to extend its contract as the U.S. Soccer Federation’s equipment supplier, a relationship that began when it…
Continue Reading After Twitter poll, CEO Musk sells off $5B in Tesla shares
By TOM KRISHER AP Auto Writer DETROIT (AP) — After promising on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car…
Continue Reading Climate finance isn’t charity, says Indian minister at COP26
By ANIRUDDHA GHOSAL AP Science Writer GLASGOW, Scotland (AP) — India’s environment minister says climate finance is not charity and rich…
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Man seriously hurt in industrial conveyer belt mishap in Santa Teresa
SUNLAND PARK, New Mexico — A man was seriously injured in a conveyer belt mishap at an industrial business in Santa Teresa late Wednesday afternoon.…
Continue Reading China’s leader Xi warns against ‘Cold War’ in Asia-Pacific
By NICK PERRY and JIM GOMEZ Associated Press WELLINGTON, New Zealand (AP) — Chinese President Xi Jinping has warned against letting tensions in the…
Continue Reading Another UAW official charged with looting union coffers
By ED WHITE Associated Press DETROIT (AP) — Investigators say an official at a suburban Detroit branch of the United Auto Workers took $2 million…
Continue Reading Boeing agrees to settle with Ethiopia 737 Max crash victims
NEW YORK (AP) — Boeing has reached a legal agreement with the victims’ families from the March 2019 crash in Ethiopia that involved its 737-Max…
Continue Reading Disney returns to profit in 4Q, but streaming gains slow
By TALI ARBEL AP Technology Writer The Walt Disney Co. returned to a quarterly profit as it once again got a bump from reopened parks but…
Continue Reading Beyond Meat Q3 sales fall short as US demand drops
By DEE-ANN DURBIN AP Business Writer Plant-based meat maker Beyond Meat reported lower-than-expected sales in the third quarter due to a slump in…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press An eye-opening report on inflation that was hotter than expected slammed into the bond market on Wednesday, sending yields…
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