NEW YORK — Wall Street is tumbling toward its lowest point in more than a year on Monday as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
WASHINGTON — The Department of Housing and Urban Development is doubling the size of its eviction protection program, designed to fund legal assistance for tenants seeking to stay in their homes.
WILMINGTON, Del. — The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for free service through an already existing federal …
WASHINGTON — Friday's jobs report for April provided mixed signals on the economic issue most on the minds of Americans: Chronically high inflation.
HAMILTON, Ohio — President Joe Biden pledged Friday that 3D printing technology would help return factory jobs to the U.S. and reduce inflationary pressures as he traveled to an industrial Midwestern state with a Senate seat in play to make his case for the future of manufacturing.
Just 10 miles from the Rio Grande, Mike Helle's farm is so short of immigrant workers that he’s replaced 450 acres of labor-intensive leafy greens with crops that can be harvested by machinery.
BUFFALO, N.Y. (AP) — Federal labor officials filed a sweeping complaint Friday accusing Starbucks of unfair labor practices at its stores in Buffalo, New York, including retaliation against pro-union employees.
LONDON (AP) — Big tech companies like Google and Facebook parent Meta would have to comply with tough British rules under a new digital watchdog aimed at giving consumers more choice online — or face the threat of big fines.
NEW YORK — The National Labor Relations Board has found merit in a union charge that Amazon violated labor law in New York City’s Staten Island by holding mandatory worker meetings to persuade its employees not to unionize.
LOS ANGELES — Contract negotiations between 22,000 workers at 29 West Coast ports and representatives of shipping companies will begin next week with automation and its impact on jobs emerging as a major point of contention amid supply chain issues.
NEW YORK (AP) — Nvidia, a major tech company that has expanded aggressively into gaming, will pay a $5.5 million penalty for failing to disclose that cryptomining was a significant source of revenue growth from the sale of graphics processing units that were produced and marketed for gaming.
Tesla is covering travel costs for employees seeking out-of-state abortions, joining the ranks of major companies who’ve introduced a similar policy to benefit workers affected by new restrictions in the past few months.
WASHINGTON — The U.S. announced Friday it is sanctioning North Korean digital currency mixing firm Blender.io, which the country allegedly uses to launder stolen virtual currency and support cyber crimes.
WASHINGTON — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
NEW YORK — The U.S. dollar’s value surged in April as investors sought refuge amid the Federal Reserve’s aggressive shift to fight rising inflation.
WASHINGTON — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop with U.S. homebuyers paying more for mortgages or Main Street business owners facing costlier bank loans.
WASHINGTON — More Americans applied for unemployment benefits last week but the total number of people collecting jobless aid is at its lowest level in more than 50 years.
More U.S. workers than ever hold a graduate degree. Years of intensifying job requirements and headlines declaring a master’s “the new bachelor’s degree” nudged a record number of students into grad school.
NEW YORK — Amid the push to get U.S. boardrooms to look more like companies’ customers and employees, advocates are finally seeing just how steep the task will be.
LONDON (AP) — OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian oil threatens to yank millions of barrels off a global market already thirsty for crude.
Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison.
NEW YORK — Wall Street is shifting into reverse Thursday, giving up much of the big gains it made a day earlier on relief that the Federal Reserve wouldn’t be as aggressive as some feared in raising interest rates to fight inflation.
SANTA FE, N.M. — New Mexico is highlighting its support for proposals that would route an international rail line through its Santa Teresa border crossing, capitalizing on Mexico's unease with disruptions along the Texas portion of the U.S. border with Mexico.
ST. PETERSBURG, Fla. — The Walgreens pharmacy chain has reached a $683 million settlement with the state of Florida in a lawsuit accusing the company of improperly dispensing millions of painkillers that contributed to the opioid crisis, state officials said Thursday.
This week we get two bright red performance cars, starting with the Acura TLX. The base price is $37K, and for this you get a 2.0-liter engine rated at 272 horsepower. But for those who want more, this is the upgraded Type S with plenty of performance upgrades.
WASHINGTON (AP) — Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally receive a yield high enough to top inflation.
SEDONA — Tourists looking for socially distanced outdoor activities flocked to Sedona during the pandemic, adding to traffic congestion, noise and air pollution in red rock country. In response, the city has expedited plans to sustainably move people from one Instagramable moment to the next.
Federal officials are promising to add air traffic controllers and take other steps to improve the flow of planes in Florida, which airlines say has become a weak link in the national airspace.
SACRAMENTO, Calif. — California, which has a economy larger than all but four countries and where much of the world’s technological innovation is born, on Wednesday became the first state to formally begin examining how to broadly adapt to cryptocurrency and related innovations.
WASHINGTON (AP) — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come.
WASHINGTON — President Joe Biden on Wednesday highlighted new figures showing the government's red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going in…
LONDON (AP) — A British parliamentary committee scrutinizing draft online safety legislation has invited Elon Musk to discuss his plans to buy Twitter and the changes he's proposing for the social media platform.
NEW YORK — Stocks were mixed and bond yields rose Wednesday ahead of a widely expected interest rate increase from the Federal Reserve. Oil prices rose as Europe moved toward banning Russian oil.
NEW YORK (AP) — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York’s attorney general announced Wednesday.
WASHINGTON — The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow — for a car, a home, a business deal, a credit card purchase — all of which will compound Americans' financial strains and likely wea…
WASHINGTON — Continuing its push to dramatically boost sales of electric vehicles, the Biden administration on Monday announced $3.1 billion in funding to U.S. companies that make and recycle lithium-ion batteries.
SAN FRANCISCO (AP) — The career-networking service LinkedIn has agreed to pay $1.8 million in back wages to hundreds of female workers to settle a pay discrimination complaint brought by U.S. labor investigators.
Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused bookings to jump and revenue to rise 70% from a year ago.
SEATTLE — Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation's three largest opioid distributors agreed Tuesday to pay the state $518 million, with the vast majority being directed toward easing the addiction epidemic.
LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices, renewing calls for a U.K. government tax on energy companies' windfall earnings to help households struggling with rising energy bills.
WASHINGTON — Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed.
NEW YORK — Stocks drifted between small gains and losses in morning trading on Wall Street Tuesday as investors await Wednesday’s decision by the Federal Reserve on interest rates.
Biogen will replace its CEO and largely abandon marketing of its controversial Alzheimer's drug Aduhelm less than a year after the medication's launch triggered a backlash from experts, doctors and insurers.
Amazon warehouse workers overwhelmingly rejected a union bid on Monday, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.
NEW YORK — Stocks fell broadly on Wall Street in afternoon trading Monday for a shaky start to May following a brutal April in which widespread technology sell-offs dragged down major benchmarks.
BRUSSELS — Poland urged its European Union partners on Monday to unite and impose sweeping sanctions on Russia's oil and natural gas sectors over the war in Ukraine, and not to cave in to pressure to pay for their gas in Russian rubles.
PARIS — Tens of thousands of people marched Sunday in cities around Europe for May Day protests to honor workers and shame governments into doing more for their citizens. In France, protesters shouted slogans against newly elected President Emmanuel Macron, a development that may set the ton…
BERLIN (AP) — Germany says it’s making progress on weaning itself off Russian fossil fuels and expects to be fully independent of Russian crude oil imports by late summer.