Fed saw evidence of a slowing economy at its last meeting
WASHINGTON — Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but called inflation “unacceptably high’’ before raising their…
AP Wire
U.S. retail sales flat in July as inflation takes toll
WASHINGTON — The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many Americans to…
Target takes a hit after heavy discounts to clear inventory
NEW YORK — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices…
U.S. midterms bring few changes from social media companies
SAN FRANCISCO — Social media companies are offering few specifics as they share their plans for safeguarding the U.S. midterm elections. Platforms like Facebook and…
UK inflation reaches 10.1% on soaring food, energy costs
LONDON — Britain’s inflation rate rose to a new 40-year high of 10.1% in July, a faster pace than in the U.S. and Europe as…
China and U.S. spar over climate on Twitter
BEIJING — The world’s two biggest emitters of greenhouse gases are sparring on Twitter over climate policy, with China asking if the U.S. can deliver…
Lowe’s: Fiscal Q2 earnings snapshot
MOORESVILLE, N.C. — Lowe’s Cos. today reported fiscal second-quarter net income of $2.99 billion. On a per-share basis, the company said it had net income…
What’s in big Biden bill? Health, climate goals become law
WASHINGTON (AP) — President Joe Biden arrived at the White House promising to “build back” America, and legislation he’s signing Tuesday delivers a slimmer, though…
Over-the-counter hearing aids expected this fall in US
WASHINGTON (AP) — Millions of Americans will be able to buy hearing aids without a prescription later this fall, under a long-awaited rule finalized Tuesday….
USDA: Crop conditions worsened significantly last week in Iowa
The percentage of Iowa’s corn and soybeans rated good or excellent declined at least 7 points last week, the largest such drop this year amid…