Senate confirms Powell for 2nd term as Fed fights inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal…
Continue ReadingAP National Business
Iran raises prices of food staples, stirring panic and anger
By ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — Iran has abruptly raised prices as much as 300% for a variety of staples like…
Continue Reading Parents swap, sell baby formula as Biden focuses on shortage
By JOSH BOAK and PAT EATON-ROBB Associated Press WASHINGTON (AP) — President Joe Biden is stepping up his administration’s response to a…
Continue Reading U.S. civil rights enforcers warn employers against biased AI
By MATT O’BRIEN AP Technology Writer The federal government said Thursday that artificial intelligence technology used to screen new job…
Continue Reading Spain debates if menstrual leave policy will help or hurt
By ASHIFA KASSAM and JOSEPH WILSON Associated Press MADRID (AP) — A government proposal that could make Spain the first country in Europe to allow…
Continue Reading EXPLAINER: What’s behind the baby formula shortage?
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Many parents are hunting for infant formula after a combination of short- and long-term…
Continue Reading EU plan aims to help get wheat from Ukraine to the world
By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Commission is proposing to help Ukraine move its critical grain supplies to parts…
Continue Reading US fishing haul fell 10% during first pandemic year
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — America’s commercial fishing industry fell 10% in catch volume and 15% in value during…
Continue Reading Biden cancels offshore oil lease sales in Gulf Coast, Alaska
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration says it is canceling three oil and gas lease sales scheduled in the…
Continue Reading Mercedes tells owners of 292K vehicles to stop driving them
DETROIT (AP) — Mercedes-Benz is telling the owners of more than 292,000 vehicles in the U.S. to stop driving them because the brakes could fail.…
Continue Reading Wickremesinghe chosen Sri Lanka PM in effort to quell crisis
By KRISHAN FRANCIS and BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Five-time former Sri Lankan Prime Minister Ranil…
Continue Reading Spain, Morocco to open land borders next week after 2 years
By ASHIFA KASSAM Associated Press MADRID (AP) — The Spanish government says the land borders between Morocco and Spain’s North African enclaves…
Continue Reading South African firm says it may close its COVID vaccine plant
By ANDREW MELDRUM and MARIA CHENG Associated Press JOHANNESBURG (AP) — The first factory to produce COVID-19 vaccines in Africa has announced that…
Continue Reading Bonds, haven for elderly and cautious, are getting torched
By STAN CHOE AP Business Writer NEW YORK (AP) — Bonds are supposed to be the safe part of any nest egg, but they’re on pace for one of the…
Continue Reading Report: Trump officials, meat companies knew workers at risk
By JOSH FUNK Associated Press OMAHA, Neb. (AP) — A new Congressional report says that at the height of the pandemic, the meat processing industry…
Continue Reading Myanmar to resume issuing tourist visas after 2-year hiatus
BANGKOK (AP) — Myanmar has announced it will resume issuing visas for visitors in an effort to help its moribund tourism industry, devastated by…
Continue Reading US producer prices surge 11% in April as food prices jump
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. producer prices soared 11% in April from a year earlier, a hefty gain that…
Continue Reading Slightly more Americans seek jobless aid last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for jobless aid ticked up slightly last week but the total number…
Continue Reading UK warns ‘no choice but to act’ to change Brexit deal
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s foreign secretary warned the European Union on Thursday that the U.K. will have “no…
Continue Reading 4 ways to protect your small business from cyberattacks
By RANDA KRISS of NerdWallet Compared with larger companies, many small businesses have fewer resources to dedicate to cybersecurity, leaving them…
Continue Reading