Key inflation gauge hit 6.1% in January, highest since 1982
WASHINGTON — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the latest evidence…
AP Wire
Foot Locker: Fiscal Q4 earnings snapshot
NEW YORK — Foot Locker Inc. today reported fiscal fourth-quarter earnings of $103 million. On a per-share basis, the company said it had net income…
Over 1.7M Hondas probed for unexpected automatic braking
Ford recalling some Super Duty pickups DETROIT — Ford is recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts…
Anheuser-Busch Inbev: Q4 earnings snapshot
LEUVEN, Belgium — Anheuser Busch Inbev SA today reported fourth-quarter net income of $1.96 billion. The company said it had net income of 98 cents…
US long-term mortgage rates tick down to 3.89% this week
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell slightly this week, after rising to their highest level in three years last week. The average…
US slightly revises up its GDP estimate for Q4 to 7%
WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday in…
Ford recalls heavy-duty pickups; drive shafts can fracture
DETROIT (AP) — Ford is recalling nearly a quarter-million heavy duty pickup trucks in the U.S. because the drive shafts can fracture and cause a…
COVID-19 vaccine sales push Moderna to $12B profit in 2021
COVID-19 vaccine sales jumped 44% for Moderna in the final quarter of 2021, and the drugmaker expects demand for booster shots to fuel more growth…
More than 1.7 million Hondas probed for unexpected automatic braking
DETROIT — U.S. auto safety regulators are investigating complaints that the automatic emergency braking systems on more than 1.7 million newer Hondas can stop the…
Papa John’s: Q4 earnings snapshot
LOUISVILLE, Ky. — Papa John’s International Inc. today reported fourth-quarter earnings of $24.6 million. On a per-share basis, the company said it had net income…