Brainard warns US rates to stay high, notes global impact
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will…
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Azerbaijan to increase gas deliveries to Bulgaria, Europe
SOFIA, Bulgaria (AP) — Azerbaijan’s president says his country is a reliable partner and will stick to an agreement to double gas exports to the…
Continue ReadingEXPLAINER: A deep dive into risks for undersea cables, pipes
By JOHN LEICESTER Associated Press PARIS (AP) — Deep under water, the pipes and cables that carry the modern world’s lifeblood — energy and…
Continue ReadingResilient US consumers spend slightly more in August
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Consumers spent a bit more in August than the previous month, a sign the economy is…
Continue ReadingUnpaid internships face new scrutiny as barriers to careers
By NAOMI HARRIS and JOCELYN GECKER Open Campus and Associated Press The value of an internship is unmistakable. It teaches marketable skills, it…
Continue ReadingChina’s Geely buys 7.6% stake in Aston Martin Lagonda
BEIJING (AP) — Geely Holding Group, one of China’s biggest independent automakers, has bought a 7.6% stake in British luxury brand Aston Martin…
Continue ReadingWest rejects Putin’s claim it sabotaged Baltic gas pipelines
By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Russian President Vladimir Putin has accused the West of sabotaging the Russia-built…
Continue ReadingTikTok politics: Candidates turn to it ‘for better or worse’
By DAVID KLEPPER Associated Press Wade Herring didn’t know the teenage voter who approached him at a restaurant over the weekend. But she knew…
Continue ReadingFewer trips for China’s Golden Week amid quarantine fears
BEIJING (AP) — Far fewer Chinese are expected to be traveling during the upcoming “Golden Week” National Day holiday, amid rigid anti-COVID-19…
Continue ReadingUK’s budget watchdog promises initial analysis next week
By DANICA KIRKA Associated Press LONDON (AP) — Britain’s independent budget watchdog says it would deliver an initial analysis of the…
Continue ReadingInflation hits record 10% in 19 EU countries using euro
By DAVID McHUGH Associated Press FRANKFURT, Germany (AP) — Inflation in the European countries using the euro currency has broken into double…
Continue ReadingLaunch aborted on Firefly’s 2nd attempt with Alpha rocket
VANDENBERG SPACE FORCE BASE, Calif. (AP) — A year after its first Alpha rocket had to be destroyed during flight, a new aerospace company has…
Continue ReadingDining in the dark: Brussels eateries tackle energy crunch
By SYLVAIN PLAZY Associated Press BRUSSELS (AP) — While European Union nations are still mulling a cap on gas prices, some businesses are more in a…
Continue Reading‘Big impact’: UK economic chaos, pound plunge hit businesses
By SYLVIA HUI and KELVIN CHAN Associated Press LONDON (AP) — Like many small business owners in Britain, Harry Niazi hoped for government help to…
Continue ReadingDigital minister aims to wrest Japan out of analog doldrums
By YURI KAGEYAMA Associated Press TOKYO (AP) — The politician tapped to help Japan keep pace with the digital age has his work cut out for him. The…
Continue ReadingJapan to pay up to $320M for US company’s chip production
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan said it is providing a major U.S. chipmaker a subsidy of up to $322 million to back its plan…
Continue ReadingChina manufacturing weak, adding to economy pressure
BEIJING (AP) — Two surveys show growth in Chinese manufacturing was weak in September, export orders fell and employers cut jobs. That adds to…
Continue ReadingIndia raises interest rate to 5.90% to tame inflation
NEW DELHI (AP) — India’s central bank has raised its key interest rate to 5.90% and said developing economy were facing slowing growth, elevated…
Continue ReadingStocks end September down 9.3%, worst month since March 2020
By STAN CHOE and ALEX VEIGA AP Business Writers Wall Street closed out a miserable September on Friday with the S&P 500’s worst monthly…
Continue ReadingAfter Ian, the effects in southwest Florida are everywhere
By TIM REYNOLDS Associated Press Hurricane Ian was over southwest Florida for only a few hours. It will take months to clean up all the damage. Maybe…
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