U.S. consumer prices soared 6.2% in past year, most since 1990
WASHINGTON — Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans…
AP Wire
US consumer prices soared 6.2% in past year, most since 1990
WASHINGTON — Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans…
US jobless claims drop to pandemic low of 267,000
WASHINGTON — The number of Americans applying for unemployment benefits fell to a pandemic low 267,000 last week, another sign that the job market is…
Google loses appeal of huge EU fine over shopping searches
LONDON — A top European Union court today rejected Google’s appeal of a 2.4 billion euro ($2.8 billion) fine from regulators who found the tech…
Wendy’s: Q3 earnings snapshot
DUBLIN, Ohio — Wendy’s Co. today reported third-quarter net income of $41.2 million. On a per-share basis, the company said it had profit of 18…
Germany’s economic advisers cut 2021 growth forecast
BERLIN — The German government’s panel of independent economic advisers today cut its 2021 growth prediction for Europe’s biggest economy to 2.7%, the latest in…
Powell highlights Fed’s commitment to ‘inclusive’ recovery
WASHINGTON (AP) — Inequality can prevent the U.S. economy from reaching its potential, Federal Reserve Chair Jerome Powell said Tuesday, and he underscored the Fed’s…
Producer prices rise 8.6%, matching September record high
WASHINGTON — Inflation at the wholesale level rose 8.6% last month from a year earlier, matching September’s record annual gain and offering more evidence that…
General Electric to split into 3 public companies
General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public…
The AP Interview: Facebook whistleblower fears the metaverse
BRUSSELS — Facebook whistleblower Frances Haugen said the world should fear the impact of the metaverse that the social media giant has rebranded to focus…