Earnings slide ongoing for banks; BofA Q2 profit dips 32%
NEW YORK — Bank of America’s second quarter profits fell 32%, the latest major U.S. bank to report a dip in earnings after a strong…
AP Wire
The AP Interview: GM’s Barra stands by ambitious EV pledge
NEW YORK — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle…
Economics of war: Pain for Europe now, later for Russia
Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Food banks in Italy are feeding more people. German officials are…
U.S. weekly jobless claims at highest point in nearly 8 months
WASHINGTON — The number of Americans applying for unemployment benefits last week hit its highest level in nearly 8 months, but the total number of…
Is Twitter down? Service appears to return after outage
Twitter appears to be returning for some users after experiencing an hourlong outage that affected both its app and website today. Individuals attempting to use…
GM, partners to build 500 electric vehicle charging stations
DETROIT — A major automaker, large truck stop chain and an electric vehicle charging company are proposing a network that would put charging plugs at…
Wholesale inflation in June surged 11.3% from a year ago
WASHINGTON — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot…
Biden says U.S. won’t wait ‘forever’ for Iran on nuclear deal
JERUSALEM — President Joe Biden said Thursday that the United States is “not going to wait forever” for Iran to rejoin a dormant nuclear deal,…
Stark political divides overshadow gathering of U.S. governors
PORTLAND, Maine — Stark political divides among the states on abortion, gun rights and other issues are overshadowing a meeting this week of the nation’s…
Amazon offers concessions to head off EU antitrust case
LONDON — Amazon, seeking to resolve two European Union antitrust investigations, has promised to treat third-party merchants on its website fairly, the bloc’s competition watchdog…