US retail spending slows as inflation starts to bite
NEW YORK (AP) — After beginning the year in a buying mood, Americans slowed their spending in February on gadgets,…
AP
Howard Schultz returns to lead Starbucks on interim basis
Longtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis after the coffee giant’s current…
London nickel trading suspended again after brief resumption
LONDON (AP) — Nickel trading in London was suspended Wednesday shortly after it resumed following a weeklong halt as the…
EXPLAINER: What would a Russian bond default mean?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions…
China tries to calm markets by pledging support for economy
BEIJING (AP) — China’s government tried Wednesday to reassure jittery investors by promising support for real estate and technology companies…
Asian stocks follow Wall Street higher after Fed rate hike
BEIJING (AP) — Asian stock prices surged for a second day Thursday after the Federal Reserve announced its first interest…
DoorDash paying back drivers to offset high gas prices
Delivery company DoorDash said Tuesday it will refund its drivers for some U.S. gasoline purchases to help offset higher prices…
Mercedes opens Alabama battery plant, adding up to 600 jobs
TUSCALOOSA, Ala. (AP) — Mercedes-Benz has opened a new electric vehicle battery factory near Tuscaloosa, Alabama, that will create up…
Watchdog has concerns with projects at US nuclear repository
ALBUQUERQUE, N.M. (AP) — There’s no way of knowing if cost increases and missed construction deadlines will continue at the…
EXPLAINER: What would a Russian bond default mean?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions…