Relief meets fear as UK budget calms economy but brings pain
LONDON (AP) — Britain’s Conservative government on Friday defended its decision to hike taxes for millions of working people in…
AP
Lagarde warns ECB may do more to rates than remove stimulus
FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde warned Friday that the bank may have to raise interest…
German industrial workers to get pay raises in 2-year deal
BERLIN (AP) — Germany’s biggest industrial union agreed with employers Friday on a pay deal that will see millions of…
What to know if you’ve applied for student loan forgiveness
NEW YORK (AP) — President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been…
Stocks end higher on Wall Street but still fall for the week
A late-afternoon rally on Wall Street helped stocks close higher Friday, though the major indexes still wound up finishing lower…
Asia-Pacific leaders seek unity on war, economic ills, virus
BANGKOK (AP) — Pacific Rim leaders were striving to find common ground on the war in Ukraine and other dire…
Amazon CEO says layoffs will extend into next year
NEW YORK (AP) — The mass layoffs that began in Amazon’s corporate ranks this week will extend into next year,…
Senators to FTC: Probe Twitter security, take needed action
WASHINGTON (AP) — Reacting to the tumult and mass layoffs at Twitter under its new owner Elon Musk, a group…
GM CEO Barra says electric vehicles to be profitable by 2025
General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as…
Average long-term US mortgage rates tumble to 6.61%
WASHINGTON (AP) — The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain…