More buyers opt for adjustable-rate mortgages as rates rise
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Rising interest rates are making adjustable-rate mortgages a more attractive alternative to…
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More Americans apply for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — More Americans applied for jobless aid last week, but the total number of Americans collecting…
Continue Reading WHO clears China’s CanSino COVID vaccine for emergency use
GENEVA (AP) — The World Health Organization has granted an emergency use authorization for the coronavirus vaccine made by China’s CanSino…
Continue Reading Pakistani rupee drops to record low amid talks with IMF
ISLAMABAD (AP) — Pakistan’s currency has plummeted to an all-time record low in intraday trading against the U.S. dollar amid uncertainty about…
Continue Reading Italian tugboat sinks in the Adriatic Sea; 5 crew missing
MILAN (AP) — The Italian Coast Guard says a tugboat with six people on board has capsized in the Adriatic Sea, leaving five crew members missing.…
Continue Reading Indonesia lifts ban on cooking oil export as supply improves
By EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — Indonesia is lifting a monthlong ban on palm oil export, citing improvements in the…
Continue Reading Spirit tells shareholders to reject hostile bid from JetBlue
By MICHELLE CHAPMAN AP Business Writer Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it…
Continue Reading Sri Lanka limits foreign currency holdings amid crisis
By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s central bank says it will lower the maximum amount of foreign…
Continue Reading UK freezes assets on Russian airlines, preventing slot sale
LONDON (AP) — Britain has frozen the assets of three Russian airlines, preventing them from selling landing slots at U.K. airports that are worth…
Continue Reading Park outdoors: Ford recalls SUVs due to engine fire risk
DETROIT (AP) — Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that…
Continue Reading Inflation, Russia-Ukraine war draw G7 finance leaders’ focus
By FATIMA HUSSEIN and FRANK JORDANS Associated Press KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies are…
Continue Reading EU: Nearly 270 cases of salmonella found in chocolate eggs
STOCKHOLM (AP) — European health officials say nearly 270 cases of salmonella infection linked to chocolate Easter eggs have now been reported…
Continue Reading Germany says pandemic not over as court OKs vaccine mandate
By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s health minister is warning that the coronavirus pandemic is not over yet. Health…
Continue Reading Court considers whether US can seize a Russian yacht in Fiji
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — On May 5, five U.S. federal agents boarded the massive Russian-owned superyacht…
Continue Reading Asian stocks rise after Wall St slips closer to bear market
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are higher after Wall Street fell closer to bear territory, China cut a key…
Continue Reading Shanghai to reopen subways in easing of COVID lockdown
BEIJING (AP) — The locked-down Chinese metropolis of Shanghai will reopen four of its 20 subway lines Sunday as it slowly eases pandemic…
Continue Reading Saban calls out Texas A&M for using NIL deals to buy players
BIRMINGHAM, Ala. (AP) — Alabama coach Nick Saban called out Texas A&M, saying the school was “buying” players with name, image and likeness…
Continue Reading Ukrainian troops surrendering at Mariupol registered as POWs
By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — Russia says hundreds more fighters have emerged from the…
Continue Reading New Zealand hands out extra cash to fight ‘inflation storm’
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s government says it will hand out an extra few hundred dollars to more…
Continue Reading Japan records trade deficit as imports surge on energy costs
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan has recorded a trade deficit in April as imports ballooned 28% as energy prices soared while…
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