American Airlines loses $1.6 billion but sees better outlook
DALLAS — American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but said today that it expects to…
AP Wire
EXPLAINER: What’s the impact if Europe cuts off Russian oil?
Europe is struggling to find ways to stop paying Russia $850 million a day for energy and hit the Kremlin’s finances over its invasion of…
This Earth Day, Biden faces ‘headwinds’ on climate agenda
WASHINGTON — One year ago, Joe Biden marked his first Earth Day as president by convening world leaders for a virtual summit on global warming…
IMF, World Bank chiefs warn of debt squeeze in poor nations
WASHINGTON — The heads of the International Monetary Fund and the World Bank warned today that rising interest rates are squeezing the world’s poorest countries…
Yellen, Ukraine official walk out of Russia’s G-20 remarks
WASHINGTON — Treasury Secretary Janet Yellen and Ukraine’s Finance Minister Serhiy Marchenko walked out of a Group of 20 meeting today as Russia’s representative started…
March home sales fall as mortgage rates, home prices climb
Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage rates and…
Majority of Americans want masks for travelers: AP-NORC poll
FARGO, N.D. — A majority of Americans continue to support a mask requirement for people traveling on airplanes and other shared transportation, a new poll…
As shares plunge, Netflix takes aim at password sharing, ads
SAN FRANCISCO — An unexpected drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold…
Stocks open higher, but tech weakness holds gains in check
NEW YORK — Stocks are opening mostly higher on Wall Street today as more earnings reports from big companies roll in. Technology companies continued to…
Citing Russia’s war, IMF cuts global growth forecast to 3.6%
WASHINGTON — The International Monetary Fund today downgraded the outlook for the world economy this year and next, blaming Russia’s war in Ukraine for disrupting…