High court dismisses challenge to Obama health law
WASHINGTON — The Supreme Court has dismissed a challenge to the Obama era health care law, preserving insurance coverage for millions of Americans. The justices,…
AP Wire
Scotch whisky makers welcome suspension of costly U.S. tariffs
LONDON — Scotch whisky makers breathed a sigh of relief today after the United States agreed to suspend tariffs on one of Scotland’s main exports…
CureVac: Vaccine data are ‘sobering,’ full results in weeks
BERLIN — The chief executive of CureVac said today that interim results from late-stage testing of its coronavirus shot are “sobering,” but the German company…
Ford says outlook for 2nd quarter is improving
Ford’s outlook for the second quarter is improving, as the automaker is seeing strong customer reservations for four of its new vehicles. Ford Motor Co….
U.S. jobless claims tick up to 412,000 from a pandemic low
WASHINGTON — The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy…
Internet outages briefly disrupt access to websites, apps
A wave of brief internet outages hit the websites and apps of dozens of financial institutions, airlines and other companies across the globe today. The…
Fed sees faster time frame for rate hikes as inflation rises
WASHINGTON — The Federal Reserve signaled today that it may act sooner than previously planned to start dialing back the low-interest rate policies that have…
Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released today after its policy meeting ended: The Federal Reserve is committed to using its full range…
GM to spend more on electric vehicles, add 2 battery plants
DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will…
US home construction posted moderate 3.6% gain in May
WASHINGTON — U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive The May…