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Powell: 'No guarantee' Fed can tame inflation, spare jobs
Jun 29, 2022 7:00 am - WASHINGTON (AP) - Federal Reserve Chair Jerome Powell said there's 'œno guarantee'' the central bank can tame runaway inflation without hurting the job market. Speaking ...
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EU countries approve climate measures after long talks
Jun 29, 2022 7:00 am - BRUSSELS (AP) - European Union countries reached a deal following hard-fought talks that dragged into early Wednesday to back stricter climate rules that would eliminate...
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China's Baidu races Waymo, GM to develop self-driving cars
Jun 29, 2022 7:00 am - BEIJING (AP) - With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. is rolling down a Beijing street when its sensors spot the corner of a de...
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Merger vote at Spirit could reshape discount airline market
Jun 29, 2022 7:00 am - DALLAS (AP) - The prospect of a takeover of Spirit Airlines threatens to upend the cheap-fare end of the industry much like a series of mergers among big airlines reduce...
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$30B from Russian oligarchs frozen under REPO seizure effort
Jun 29, 2022 7:00 am - WASHINGTON (AP) - A multinational task force designed to seize Russian oligarchs' wealth has blocked and frozen $30 billion in sanctioned individuals' property and funds...
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Closing prices for crude oil, gold and other commodities
Jun 29, 2022 7:00 am - Benchmark U.S. crude oil for August delivery fell $1.98 to $109.78 a barrel Wednesday. Brent crude for August delivery fell $1.72 to $116.26 a barrel. Wholesale gasoline...
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Strong ruble could hurt Russian businesses, official warns
Jun 29, 2022 7:00 am - MOSCOW (AP) - As the ruble strengthens to levels not seen in seven years, Russia's minister of economic development warned Wednesday that the country's businesses could ...
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Sale puts Ben & Jerry's ice cream back in West Bank, kind of
Jun 29, 2022 7:00 am - JERUSALEM (AP) - A new agreement in Israel will put Ben & Jerry's ice cream back on shelves in annexed east Jerusalem and the occupied West Bank despite the ice cream ma...
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Bed Bath & Beyond CEO ousted after another dour quarter
Jun 29, 2022 7:00 am - Bed Bath & Beyond's CEO was ousted Wednesday as the home goods retailer struggles to figure out what people want to buy. Board member Sue Gove will take over as interim...
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The employment pendulum may be swinging again toward employersJun 29, 2022 1:00 am - For the past year, employers have been feeling the impact of The Great Resignation. From dealing with unwelcome employee turnover to responding to competitive compensati...