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JPMorgan 2Q profit drops; CEO warns of economic challenges

The Associated Press
Jul 14, 2022 7:00 am - NEW YORK (AP) - Profits at JPMorgan Chase fell by 28% in the second quarter as the bank tries to navigate an economy that's showing strength in many areas but losing ste...
Wholesale inflation in June surged 11.3% from a year ago

By PAUL WISEMAN
Jul 14, 2022 7:00 am - WASHINGTON (AP) - Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through ...
US weekly jobless claims at highest point in nearly 8 months

By MATT OTT
Jul 14, 2022 7:00 am - WASHINGTON (AP) - The number of Americans applying for unemployment benefits last week hit its highest level in nearly 8 months, but the total number of those collecting...
Canadian owner OKs $84M in work, $1.5M fine; Louisiana plant

By JANET McCONNAUGHEY
Jul 14, 2022 7:00 am - NEW ORLEANS (AP) - The company that owns a closed fertilizer plant in Louisiana has agreed to clean up more than a billion pounds of hazardous waste and to pay a $1.5 mi...
Eugenio Scalfari, revolutionized Italy's journalism, dies

By FRANCES D'EMILIO
Jul 14, 2022 7:00 am - ROME (AP) - Eugenio Scalfari, who helped revolutionize Italian journalism with the creation of La Repubblica, a liberal daily that boldly challenged Italy's traditional ...
Asian stocks down after US inflation fuels rate hike fears

By JOE McDONALD
Jul 14, 2022 7:00 am - BEIJING (AP) - Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry wi...
IMF reaches preliminary deal with Pakistan on $6B bailout

By MUNIR AHMED
Jul 14, 2022 7:00 am - ISLAMABAD (AP) - The International Monetary Fund said Thursday it has reached a preliminary agreement with Pakistan to revive a $6 billion bailout package for this impov...
Long lines are back at US food banks as inflation hits high

By ANITA SNOW and EUGENE GARCIA
Jul 14, 2022 7:00 am - PHOENIX (AP) - Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed their families. With gas pri...
Conagra, APA fall; Taiwan Semiconductor, First Republic rise

The Associated Press
Jul 14, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Taiwan Semiconductor Manufacturing Co., up $2.38 to $83.67. The chipmaker gave inv...
Grains mixed, Livestock mixed

The Associated Press
Jul 14, 2022 7:00 am - s mk950 mkts Wheat for Sep. was lost 15.75 cents at $7.95 a bushel; Jul. corn declined 46 cents at $6.94 a bushel, Sep. oats was up 5 cents $6.67 a bushel; while Jul. so...

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