Stocks stumble 2.8% as worries about interest rates worsen
NEW YORK (AP) — Stocks tumbled on Wall Street Friday, leaving the S&P 500 with its biggest one-day loss in…
AP
Mattel unveils Elizabeth II Barbie on queen’s birthday
LONDON (AP) — Queen Elizabeth II has got her own Barbie in honor of her 96th birthday and upcoming Platinum…
Powell reinforces expectations of sharp rate hike next month
WASHINGTON (AP) — The Federal Reserve must move faster than it has in the past to rein in high inflation,…
Florida seeks 100% renewable electricity by 2050
ST. PETERSBURG, Fla. (AP) — Florida utilities would gradually increase their electricity to 100% renewable by 2050 under a proposed…
Airlines want to bring back passengers banned over masks
DALLAS (AP) — Airlines have banned several thousand passengers since the pandemic started for refusing to wear masks. Now they…
Chicago Fed President Charles Evans will retire next year
WASHINGTON (AP) — Charles Evans will retire early next year after 15 years as president of the Federal Reserve Bank…
CNN’s streaming service shutting down a month after launch
NEW YORK (AP) — CNN is shutting down its CNN+ streaming service less than a month after its launch, a…
US airlines say they’ve reached a turning point in recovery
DALLAS (AP) — U.S. airlines say they have hit a turning point: After a lousy first quarter, they expect to…
Amazon extends Prime perks to merchant sites
Amazon is extending the benefits of a Prime subscription to online stores beyond its own site, a move geared toward…
Average long-term US mortgage rates highest in 12 years
WASHINGTON (AP) — Long-term U.S. mortgage rates rose for the seventh straight week, climbing to their highest level in more…