China trade weakens after cities shut down to fight virus
BEIJING — China’s export growth tumbled in April as global demand weakened, adding to pressure on the world’s second-largest economy after Shanghai and other industrial…
AP Wire
Biden announces program offering discounted internet service
WASHINGTON (AP) — President Joe Biden announced Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program…
US added 428,000 jobs in April despite surging inflation
WASHINGTON — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian…
Britain pushes tough tech rules under new digital watchdog
LONDON — Big tech companies like Google and Facebook parent Meta would have to comply with tough British rules under a new digital watchdog aimed…
Small businesses struggle to find enough workers
NEW YORK — Some small businesses are struggling to hire qualified workers, even as Americans return to the U.S. job market in droves. Hiring and…
More Americans apply for jobless aid last week
WASHINGTON — More Americans applied for unemployment benefits last week but the total number of people collecting jobless aid is at its lowest level in…
Musk gets $7 billion backing for Twitter bid from tech heavyweights
Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of…
OPEC+ opens oil taps gradually as Russian war roils markets
LONDON — OPEC and allied oil-producing countries decided Thursday to stick to a modest increase in production, even as Europe’s proposed phaseout of Russian oil…
Shell reports record 1st-quarter earnings as oil prices soar
LONDON — Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the British government to impose a tax…
Fed raises key rate by a half-point in bid to tame inflation
WASHINGTON — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage…