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1 hour ago

US weekly jobless claims hit highest level since August of 2023, though job market is still hot

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening
1 hour ago
A hiring sign is displayed at a restaurant in Glenview, Ill., Thursday, May 2, 2024. On Thursday, May 9, 2024, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/Nam Y. Huh)
1 hour ago

How to turn a supermarket bouquet into a lusher, more personalized flower arrangement

If your heart is telling you to give a luxurious bouquet of flowers, but your wallet is saying shop at the supermarket, fear not
1 hour ago
This May 1, 2024 image provided by Jessica Damiano shows a supermarket bouquet of three white chrysanthemums, a lily stem and a single rose in a decorative pitcher, along with garden pruners and a packet of flower-preserving granules on Long Island, New York. Proper preparation and the addition of greenery and "filler" flowers can transform a simple bouquet into a lovely arrangement. (Jessica Damiano via AP)
2 hours ago

TikTok sues to block potential ban. Can it win?

The social platform has a viable case but faces challenges, experts said.
2 hours ago
The TikTok short-form video hosting service application is seen on a mobile device in this illustration photo taken on March 14, 2024.
2 hours ago

TikTok to start labeling AI-generated content as technology becomes more universal

TikTok says it’s going to start automatically labeling content that’s made by artificial intelligence when it’s uploaded from certain platforms
2 hours ago
FILE - The TikTok logo is displayed on a mobile phone in front of a computer screen, Oct. 14, 2022, in Boston. TikTok will begin labeling content created using artificial intelligence when it's uploaded from certain platforms. TikTok says its efforts are an attempt to combat misinformation from being spread on its social media platform. The announcement came on ABC's “Good Morning America” on Thursday, May 9, 2024. (AP Photo/Michael Dwyer, File)
2 hours ago

Bread loaves recalled in Japan after 'rat remains' were found

Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found
2 hours ago
3 hours ago

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
3 hours ago
Andrew Bailey, Governor of the Bank of England, speaks during the Bank of England Monetary Policy Report press conference at the Bank of England, London, Thursday May 9, 2024. (Yui Mok/PA via AP)
3 hours ago

Bank of England keeps its main UK interest rate on hold at 5.25% but indicates that cuts may be imminent

Bank of England keeps its main UK interest rate on hold at 5.25% but indicates that cuts may be imminent
3 hours ago
3 hours ago

Feds have 'significant safety concerns' about Ford fuel leak recall and demand answers about the fix

Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires
3 hours ago
FILE - A Ford sign is shown at a dealership in Springfield, Pa., Tuesday, April 26, 2022. Ford is recalling nearly 243,000 Maverick small pickup trucks in the U.S. because the tail lights may not illuminate. The company says a computer can falsely detect too much current on one or both of the lights, causing them to stay dark while the trucks are moving. (AP Photo/Matt Rourke)
3 hours ago

Boeing 737 catches fire and skids off the runway at a Senegal airport, injuring 10 people

A Boeing 737 plane carrying 85 people caught fire and skidded off a runway at the airport in Dakar, Senegal’s capital, injuring 10 people
3 hours ago
3 hours ago

Guns are being stolen from cars at triple the rate they were 10 years ago, a report finds

The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country
3 hours ago
FILE - This undated photo provided by the Van Buren County Sheriff's Office in Paw Paw, Mich., shows stolen guns, ammunition and knives that were recovered Sept. 12, 2015, in Antwerp Township, Mich. The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country, a new analysis of FBI data by the gun-safety group Everytown found. (Van Buren County Sheriff's Office via AP)
May 09

Japanese automaker Nissan reports 92% jump in profit as sales surge

Nissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China
May 09
FILE - Logo of Nissan is seen at the Japan Mobility Show in Tokyo on Oct. 26, 2023. Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday, May 9, 2024. (AP Photo/Eugene Hoshiko, File)
May 09

Stock market today: Wall Street is off to a mixed start

Stocks are drifting again on Wall Street
May 09
FILE - The New York Stock Exchange is shown on Tuesday, April 29, 2024, in New York. (AP Photo/Peter Morgan, File)
May 09

Fiji's ex-leader, Frank Bainimarama, sentenced to prison for interfering in police investigation

Former Fijian Prime Minister Frank Bainimarama has been sentenced to a year in prison for interfering in a criminal investigation while leading the government of his South Pacific island nation
May 09
FILE - The then Prime Minister of Fiji Josaia Voreqe Bainimarama addresses the 77th session of the United Nations General Assembly, Sept. 23, 2022, at the U.N. headquarters. Former Prime Minister Bainimarama was sentenced on Thursday, May 9, 2024, to a year in prison for interfering in a criminal investigation while he headed the government of his South Pacific island nation. (AP Photo/Julia Nikhinson, File)
May 09

Yemen's Houthi rebels claim 2 attacks in Gulf of Aden as Iran official renews nuclear bomb threats

Yemen’s Houthi rebels have claimed responsibility for two missile attacks in the Gulf of Aden on two Panama-flagged container ships that caused no damage
May 09
This is a locator map for Yemen with its capital, Sanaa. (AP Photo)
May 09
FILE - A man wears a suit in the EU colors as he walks outside the European Parliament during Europe Day celebrations in Brussels on May 4, 2024. The European Union marks Europe Day on Thursday, May 9, but instead of the traditionally muted celebrations, all eyes are on the EU elections in one month time which portend a steep rise of the extreme right and a possible move away from its global trendsetting climate policies. (AP Photo/Virginia Mayo, File)
May 09

China's exports and imports return to growth in April as demand improves

China reported Thursday that its exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery
May 09
FILE - In this photo released by Xinhua News Agency, containers are unloaded from a cargo ship at Qingdao Port, east China's Shandong Province on Feb. 11, 2024. China's exports and imports returned to growth in April, suggesting that demand is improving despite an uneven economic recovery, according to customs data released Thursday, May 9, 2024. (Li Ziheng/Xinhua via AP, File)
May 09

Union push pits the United Farm Workers against a major California agricultural business

A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law
May 09
FILE - Farmworkers Cynthia Burgos, left and Teresa Maldonado, right, hug after Gov. Gavin Newsom signed a bill aimed at making it easier for farmworkers to unionize in Sacramento, Calif., Sept. 28, 2022. A battle between The Wonderful Co. which grows pistachios, pomegranates, citrus and other crops and United Farm Workers is over new rules in California aimed at making it easier for farmworkers to form unions. (AP Photo/Rich Pedroncelli, File)
May 08

WSJ reporter pens book critical of Amazon

ABC News’ Linsey Davis spoke with reporter Dana Mattioli who investigates Amazon’s business practices in “The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power.”
May 08
VIDEO: WSJ reporter pens book critical of Amazon
May 08

Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households
May 08
A woman pays with cash as she buys from a street vendor, Sept. 26, 2017 in New York. Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain. (AP Photo/Mark Lennihan)
May 08

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options

A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital ...
May 08
FILE - People try out iPhone products at an Apple Store in Beijing, Sept. 28, 2021. A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital services. (AP Photo/Andy Wong, file)
May 08

Airbnb shares slide on lower revenue forecast despite a doubling of net income

Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading
May 08
FILE - The Airbnb app icon is seen on an iPad screen on May 8, 2021, in Washington. Airbnb reports earnings on Wednesday, April 8, 2024. (AP Photo/Patrick Semansky, File)
May 08

Activist investor wins several Norfolk Southern board seats but won’t have control to fire CEO

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away
May 08
FILE - Norfolk Southern locomotives are moved through the Conway Terminal in Conway, Pa., June 17, 2023. Norfolk Southern shareholders will decide Thursday, May 9, 2024, whether to back an activist investor’s bid to take over the railroad’s board and replace management. (AP Photo/Gene J. Puskar, File)
May 08

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales

Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger just hitting U.S. shelves will help reignite weak sales
May 08
FILE - Beyond Meat products are seen in a refrigerated case inside a grocery store in Mount Prospect, Ill., Feb. 19, 2022. Beyond Meat reports earnings on Wednesday, May 8, 2024. (AP Photo/Nam Y. Huh, File)
May 08

How major US stock indexes fared Wednesday, 5/8/2024

Stock drifted to a mixed close as Wall Street remains in a lull
May 08
May 08

Candace Parker takes a new job with Adidas after retiring from a 16-year WNBA career

Candace Parker has a new job as president of women’s basketball at Adidas
May 08
FILE - Las Vegas Aces forward Candace Parker reacts during the first half of a WNBA basketball game against the Seattle Storm, May 20, 2023, in Seattle. The three-time WNBA champion has announced she's retiring. Parker, a two-time league MVP, announced in a social media post on Sunday, April 28, 2024 that she's ending her career after 16 seasons. (AP Photo/Lindsey Wasson, File)
May 08

Georgia lawmakers vowed to restrain tax breaks. But the governor's veto saved a data-center break

Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year, but their efforts came to nothing
May 08
FILE -- A banner hangs during a ceremony announcing a proposed $300 million expansion of Google's data center operations Tuesday, June 2, 2015, in Lithia Springs, Ga. Georgia Gov. Brian Kemp on Tuesday, May 7, 2024, vetoed a bill that would have suspended tax breaks for new and expanding data centers. (AP Photo/David Goldman, file)
May 08

South Carolina Senate turns wide-ranging energy bill into resolution supporting more power

A bill passed by the South Carolina House that power companies said is vital to keep the lights on in the state has been turned into an expression of support in the Senate
May 08
South Carolina Sen. Michael Johnson, R-Fort Mill, left, talks to Sen. Tom Davis, R-Beaufort, as the Senate debates whether to ban gender-affirming care for transgender minors was this in Columbia, S.C., Wednesday, May 2, 2024. (AP Photo/Jeffrey Collins)
May 08

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 61 cents to $78.99 per barrel Wednesday
May 08
May 08

Steward Health Care says it is selling the 30+ hospitals it operates nationwide

Steward Health Care says it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection
May 08
FILE - The sign for Norwood Hospital, a Steward Health Care hospital, is seen, June 29, 2020, in Norwood, Mass. Steward Health Care said it plans to sell off all its hospitals after announcing on Monday, May 6, 2024, that it filed for bankruptcy protection. (AP Photo/Steven Senne, File)
May 08

With inflation soaring, Argentina will start printing 10,000 peso notes

Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10
May 08
File - A worker counts money at a grocery store in Buenos Aires, Argentina, Nov. 21, 2023. Prices have surged so dramatically that the government has multiplied the size of its biggest banknote in circulation to 10,000 peso note, five times the value of the previous biggest bill, according to the central bank on May 8, 2024, and the new bill is expected circulate in June. (AP Photo/Natacha Pisarenko, File)
May 08

The $230 billion donor-advised fund industry gets an IRS hearing

Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes
May 08
FILE - A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington. Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes. This week, the Internal Revenue Service held a public hearing to discuss plans to regulate DAFs. (AP Photo/Patrick Semansky, File)
May 08

Kenya's public hospital doctors sign agreement to end national strike after almost 2 months

Kenya's public hospital doctors union has called off a national strike that had left patients in limbo for almost two months
May 08
FILE - Doctors and other medical staff take part in a protest, in downtown Nairobi, Kenya, Tuesday, April 16, 2024. Kenya's public hospital doctors union on Wednesday, May 8, 2024, signed a return to work agreement with the government, ending a national strike that began in mid-March and had left patients in limbo. (AP Photo/Brian Inganga, File)
May 08

Shopify's shares tumble on weak outlook after a very strong start to 2024

Shopify’s stock is poised to potentially tumble to an all-time low on Wednesday as the Canadian company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins
May 08
FILE - The Ottawa, Ontario, headquarters of Canadian e-commerce company Shopify is seen, May 29, 2019. Shopify's stock is poised to potentially tumble to an all-time low Wednesday, May 8, 2024, as the company gave a disappointing second-quarter forecast that includes easing revenue growth and thinner margins. (Justin Tang/The Canadian Press via AP, File)
May 08

Bank of England expected to wait for more evidence that inflation is under control before rate cut

The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge surprise as inflation falls from multi-decade highs
May 08
FILE - The Bank of England in London, is shown on Dec. 15, 2022. The bank is expected to maintain interest rates at a 16-year high of 5.25%, but a cut wouldn't be a huge surprise as inflation falls from multi-decade highs. (AP Photo/Alastair Grant, File)
May 08

Slow to expand, internet casino gambling is the future of US betting, industry execs say

Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos
May 08
FILE - Elaine Vallaster is reflected in the screen of her tablet while playing an internet slots game in Hazlet, N.J. on Friday, Nov. 24, 2023. Internet gambling is currently offered in seven states but has been slow to catch on more widely in the U.S. (AP Photo/Wayne Parry, File)
May 08

Uber, Shopify fall; Lyft, Arista Networks rise, Wednesday, 5/8/2024

Stocks that traded heavily or had substantial price changes on Wednesday: Uber, Shopify fall; Lyft, Arista Networks rise
May 08
May 08

What to know about the new AI data center in Wisconsin

The $3 billion investment by Microsoft is expected to add 2,000 permanent jobs.
May 08
President Joe Biden speaks about his Investing in America agenda at the Wilmington Convention Center in Wilmington, North Carolina, May 2, 2024.
May 08

Prada focuses generational transition on artisans, expanding production and workforce in Italy

The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at its knitwear factory in Umbria, leaning into “Made in Italy” as integral to the brand’s ethos
May 08
Italian artisans create knitwear for the Prada and Miu Miu brands at a recently expanded factory in the Perugia province of Italy Tuesday, May 7, 2024. The Prada Group is expanding its production footprint in Italy, including dozens of new jobs at brand's knitwear factory near Umbria, leaning into Made in Italy as integral to the brand's ethos as it develops new artisanal talent to ease the luxury group through a generational shift in its workforce, alongside the management and creative transitions already under way. (AP Photo/Colleen Barry)
May 08

In the NIL landscape, schools are turning to companies to train and manage in-house general managers

Athletic departments across the country are trying to figure out the best way to manage the name, image and likeness landscape when it comes to athletes earning endorsement money
May 08
Michigan junior Riley Ammenhauser shows a Peloton logo on her shirt, Tuesday, April 30, 2024 in Ann Arbor, Mich. Ammenhauser has become a record-breaking, triple-jumping track athlete and something of an entrepreneur. Leveraging her value with about 250,000 followers on social media, she has landed endorsement deals with Peloton, Gatorade and Lululemon while potentially setting herself up with a career as an influencer after hanging up her spikes. (AP Photo/Larry Lage)
May 08

Biden to tout new AI data center in Wisconsin

The president will announce Microsoft’s plan to build a $3.3 billion data center, which is expected to be ready for 2026.
May 08
The president will announce Microsoft’s plan to build a $3.3 billion data center, which is expected to be ready for 2026.
May 08

EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets

European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and ammunitions coming from the profits raised from frozen Russian central bank assets held in the bloc
May 08
A woman walks in front of a crater caused by a Russian missile attack in Zaporizhzhia, Ukraine, Wednesday, May 8, 2024. (AP Photo/Andriy Andriyenko)
May 08

Kai Cenat's riot charges dropped after he apologizes and pays for Union Square mayhem

Charges of inciting a riot will be dropped against streamer Kai Cenat after he agreed to pay restitution and apologize for luring thousands of fans to New York’s Union Square last year
May 08
FILE - Kai Cenat arrives at the Streamy Awards on Sunday, Aug. 27, 2023, at the Fairmont Century Plaza Hotel in Los Angeles. Charges of inciting a riot will be dropped against online streamer Kai Cenat after he agreed to pay restitution and apologize for luring thousands of fans to New York's Union Square last year, prosecutors said. (Photo by Jordan Strauss/Invision/AP, File)
May 08

Fans are following Taylor Swift to Europe after finding Eras Tour tickets less costly there

Thousands of Taylor Swift fans are following her across the pond after missing out on her U.S. concert tour last year or being put off by marked-up ticket prices
May 08
In this image taken from video, Taylor Swift fans sing and dance at a nightclub event called 'Ready for It' that only plays Swift's music in Gothenburg, Sweden, on Tuesday, April 30th, 2024. Swift is scheduled to kick off the 18-city Europe leg of her record-setting Eras Tour on Thursday, May 9, 2024. There will be three shows in Stockholm. (AP Photo/Chisato Tanaka)
May 08

AB InBev reports higher-than-expected revenue in first quarter despite ongoing weakness in the US

Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China
May 08
FILE - Cans of Bud Light beer are seen before a major league baseball game on April 25, 2023, in Philadelphia. Anheuser-Busch reports earnings on Wednesday, April 8, 2024. (AP Photo/Matt Slocum, File)
May 08

A timeline of the collapse at FTX

FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse
May 08
FILE - FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday, May 7, 2024, that it owes about $11.2 billion to its creditors. The exchange estimates that it has between $14.5 billion and $16.3 billion to distribute to them. (AP Photo/Bebeto Matthews, File)
May 08

BetterHelp customers begin receiving refund notices from $7.8M data privacy settlement, FTC says

Many current and former BetterHelp customers have begun receiving refund eligibility notices spanning from a $7.8 million settlement reached with the online therapy provider last year over allegations that it shared sensitive health data with advertisers
May 08
FILE - The Federal Trade Commission building is seen, Jan. 28, 2015, in Washington. Many current and former BetterHelp customers have begun receiving refund eligibility notices spanning from a $7.8 million settlement reached with the online therapy provider last year over allegations that it shared sensitive health data with advertisers. In 2023, the U.S. Federal Trade Commission charged California-based BetterHelp with disclosing consumer data it had promised to keep private — including information about mental health challenges — with companies like Facebook and Snapchat for advertising purposes. (AP Photo/Alex Brandon, File)
May 08

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that
May 08
FILE - The FTX logo appears on home plate umpire Jansen Visconti's jacket at a baseball game with the Minnesota Twins on Sept. 27, 2022, in Minneapolis. Failed cryptocurrency exchange FTX says that nearly all of its customers will receive the money back that they are owed, and some will get more than that, according to its reorganization plan. FTX said in a court filing Tuesday, May 7, 2024 that it owes about $11.2 billion to its creditors. (AP Photo/Bruce Kluckhohn, File)
May 08

Edmunds: Trade or sell your car? What's best might surprise you

With used car prices dropping, it’s crucial to know the best way to maximize your return when you part ways with your current car
May 08
FILE - This photo provided by the Associated Press shows a salesperson shows an unsold 2024 Cooper SE electric hardtop to a prospective buyer as the vehicle sits on display on the showroom floor of a Mini dealership, Wednesday, May 1, 2024, in Highlands Ranch, Colo. (AP Photo/David Zalubowski, File)
May 08

AstraZeneca pulls its COVID-19 vaccine from the European market

The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulled
May 08
FILE - Medical staff prepares an AstraZeneca coronavirus vaccine during preparations at the vaccine center in Ebersberg near Munich, Germany, Monday, March 22, 2021. The pharma giant AstraZeneca has requested that its European authorization for its COVID vaccine be pulled, according to the EU medicines regulator on Wednesday, May 8, 2024. (AP Photo/Matthias Schrader, FILE)
May 08

Biden lauds new Microsoft center on the same site where Trump's Foxconn project failed

President Joe Biden has laced into Donald Trump over a failed project that was supposed to bring thousands of new jobs into southeastern Wisconsin
May 08
President Joe Biden arrives at Milwaukee Mitchell International Airport, Wednesday, May 8, 2024, in Milwaukee. (AP Photo/Evan Vucci)