WASHINGTON (AP) — The average long-term U.S. mortgage rate declined for the fifth straight week, even as the Federal Reserve just raised its key borrowing […]
CES 2023: Tech world to gather and show off gadgets
NEW YORK (AP) — CES, the annual tech industry event formerly known as the Consumer Electronics Show, is returning to Las Vegas this January with […]
High inflation and efforts to tame it defined 2022 economy
WASHINGTON (AP) — For the economy, 2022 was a throwback year. And not in a good way. At times, it felt like the 1970s or […]
New MacKenzie Scott website details $14 billion in gifts
Philanthropist MacKenzie Scott says her donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019, according to her long-awaited website […]
EU leaders seek to stand up to US and avoid trade war
BRUSSELS (AP) — European Union leaders on Thursday sought ways to stand up to the United States over its new green technologies plan that they […]
Fewer Americans apply for jobless benefits last week
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell significantly last week, a sign that the labor market remains strong even as […]
Retail sales drop at start of key holiday shopping season
WASHINGTON (AP) — Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates […]
Swiss National Bank hikes key interest rate in line with Fed
GENEVA (AP) — The Swiss National Bank raised its key interest rate Thursday, as other central banks in Europe are starting to follow the playbook […]
Foxconn to ease COVID-19 curbs in Chinese iPhone factory
HONG KONG (AP) — The company that assembles Apple Inc.’s iPhones has announced it is easing COVID-19 restrictions at its largest factory in China that […]
Bank of England hikes interest rates again but softens pace
LONDON (AP) — Britain’s central bank on Thursday raised its key interest rate again but toned down the pace as inflation shows signs of easing, […]