Past storms haven’t fazed Facebook. Instagram Kids might
Nineteen-year-old Gigi Painter hopes Facebook’s planned “Instagram Kids” never becomes a reality. Growing up in a small Ohio town, Painter said she and most of…
AP Wire
Surging natural gas prices: Threat to consumers this winter?
NEW YORK — Brace for a rude surprise on your winter heating bills. After years of unusually inexpensive levels, the price of natural gas in…
Powell sees inflation cooling, evading ‘difficult situation’
WASHINGTON — Federal Reserve Chair Jerome Powell said today that current high levels of inflation are likely to fade next year and won’t prevent the…
Churchill Downs to open gaming venue in downtown Louisville
LOUISVILLE, Ky. — The company that owns Churchill Downs racetrack, home of the Kentucky Derby, placed a big wager today by announcing plans to open…
UK ‘no longer the laggard’ of G-7 economies after upgrades
LONDON — The British economy is no longer the worst performing Group of Seven economy after second quarter growth was revised higher today to reflect…
US unemployment claims rise third straight week to 362,000
WASHINGTON — The number of Americans applying for unemployment benefits rose for the third straight week, a sign that the highly contagious delta variant might…
Hyundai-Kia recall: turn signal can flash in wrong direction
DETROIT — Hyundai and Kia are recalling more than 550,000 cars and minivans in the U.S. because the turn signals can flash in the opposite…
US slightly revises up its GDP estimate for Q2 to 6.7%
WASHINGTON — The U.S. economy expanded at a 6.7% annual pace from April through June, the Commerce Department said today, slightly upgrading its estimate of…
Merck buying Acceleron Pharma in $11.5 billion deal
KENILWORTH, N.J. — Merck will spend about $11.5 billion to buy Acceleron Pharma and its potential treatment for high blood pressure in vessels that connect…
Bed Bath & Beyond: Fiscal Q2 earnings snapshot
UNION, N.J. — Bed Bath & Beyond Inc. today reported a fiscal second-quarter loss of $73.2 million, after reporting a profit in the same period…