Meta hits back in fight with FTC over VR company acquisition
WASHINGTON (AP) — Federal regulators and Facebook parent Meta are battling over Meta’s proposed acquisition of virtual-reality company Within Unlimited…
AP
Netflix sets $7 monthly price for its ad-supported service
SAN RAMON, Calif. (AP) — Netflix next month will unveil the first version of its video streaming service with ads,…
How Social Security works and what to know about its future
NEW YORK (AP) — Tens of millions of older Americans will see a major increase in benefits this January when…
IMF chief urges aggressive fight against soaring inflation
WASHINGTON (AP) — Warning that inflation threatens to become “a runaway train,’’ the managing director of the International Monetary Fund…
IKEA calls 2022 an ‘exceptional year’ despite challenges
STOCKHOLM (AP) — Swedish home furnishings giant IKEA said Thursday that despite “unprecedented challenges” caused by the war in Ukraine,…
Walgreens beats fiscal 4Q forecasts, absorbs UK business hit
Walgreens Boots Alliance topped earnings forecasts in the final quarter of fiscal 2022, and the drugstore chain’s early look at…
Average long-term US mortgage rates up another quarter point
WASHINGTON (AP) — Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and…
U.S. applications for jobless aid rise last week
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose slightly last week but remains historically low even…
UK leader Truss under pressure to ditch economic plan
LONDON (AP) — A senior member of the U.K. government on Thursday rejected suggestions that Prime Minister Liz Truss should…
Spain unveils 3 billion-euro energy aid plan for households
MADRID (AP) — Spanish Socialist Prime Minister Pedro Sánchez on Thursday announced a 3 billion-euro ($2.9 billion) package in new…