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10 minutes ago

How major US stock indexes fared Wednesday 8/17/2022

Stocks closed lower on Wall Street, led by drops in big technology companies and erasing the S&P 500′s gains for the week
10 minutes ago
20 minutes ago

Target, Krispy Kreme fall; Hill International, Lowe's rise

Stocks that traded heavily or had substantial price changes Wednesday: Target, Krispy Kreme fall; Hill International, Lowe's rise
20 minutes ago
33 minutes ago

Stocks slip on Wall Street, erasing weekly gains for S&P 500

Stocks closed lower on Wall Street, led by drops in big technology companies and erasing the S&P 500′s gains for the week
33 minutes ago
People wearing protective masks walk in the rain past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Aug. 17, 2022, in Tokyo. Asian shares were mostly higher Wednesday as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth. (AP Photo/Eugene Hoshiko)
39 minutes ago

How new Colorado River cuts will impact states, residents

People in Arizona and Nevada won’t face bans on watering their lawns or washing their cars despite more Colorado River water shortages
39 minutes ago
FILE - A dead fish that used to be underwater sits on cracked earth above the water level on Lake Mead at the Lake Mead National Recreation Area on May 9, 2022, near Boulder City, Nev. Federal officials on Tuesday, Aug. 16, 2022, are expected to announce water cuts that would further reduce how much Colorado River water some users in the seven U.S. states reliant on the river and Mexico receive. (AP Photo/John Locher, File)
1 hour ago

BofA CEO: Struggling Americans feel they are in a recession

The CEO of Bank of America said the recent debate over whether the U.S. economy is technically in a recession or not is missing the point
1 hour ago
1 hour ago

BofA CEO: Struggling Americans feel they are in a recession

The CEO of Bank of America said the recent debate over whether the U.S. economy is technically in a recession or not is missing the point
1 hour ago
1 hour ago

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery rose $1.58 to $88.11 a barrel Wednesday
1 hour ago
2 hours ago

Return of the meme stock: Bed Bath & Beyond shares skyrocket

After a quiet first half of 2022, the meme stock is back
2 hours ago
FILE - A Bed Bath & Beyond sign is shown in Mountain View, Calif., May 9, 2012. Shares in Bed Bath & Beyond jumped 22% to more than $25 per share Wednesday, Aug. 17, 2022, on huge trading volumes, and the mall-based home goods retailer’s stock has nearly quintupled in a little more than two weeks. If the price holds until the market closes, it will be the fourth straight day it has gained more than 20%. (AP Photo/Paul Sakuma, File)
3 hours ago

Bank of America's overdraft fees down 90% under new policy

Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks
3 hours ago
FILE - A Bank of America logo is displayed at a branch office in Palo Alto, Calif., Monday, Sept. 12, 2011. Bank of America says, Wednesday, Aug. 17, 2022, the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks. (AP Photo/Paul Sakuma, File)
3 hours ago

Crimea 'sabotage' highlights Russia's woes in Ukraine war

A spate of explosions and fires has turned Russian-occupied Crimea from a secure rear base into a new battleground in the war, demonstrating both the Russians’ vulnerability and the Ukrainians’ capacity to strike deep behind enemy lines
3 hours ago
Smoke rises over the site of explosion at an ammunition storage of Russian army near the village of Mayskoye, Crimea, Tuesday, Aug. 16, 2022. Explosions and fires ripped through an ammunition depot in Russian-occupied Crimea on Tuesday in the second suspected Ukrainian attack on the peninsula in just over a week, forcing the evacuation of more than 3,000 people. (AP Photo)
3 hours ago

Newer car models are safer for women who get in car crashes

Officials released a new report that said newer cars have better protections.
3 hours ago
3 hours ago

Egypt's central bank governor resigns as economic woes mount

Egypt’s central bank governor has resigned as the country has struggled to address its economic woes
3 hours ago
FILE - Egyptian Central Bank Governor Tarek Amer speaks during a press conference at the Central Bank of Egypt in Cairo, Nov. 3, 2016. Amer resigned as the country has struggled to address its financial woes. According to a Wednesday, Aug. 17, 2022 statement from President Abdel Fattah el-Sissi's office, el-Sissi accepted the resignation and named him a presidential adviser. The brief statement offered no reason for Amer’s resignation and no replacement was immediately named. (AP Photo/Nariman El-Mofty, File)
4 hours ago

Railroads back plan calling for 24% raises but workers wary

The major freight railroads signaled they’re ready to negotiate a new deal based on a presidential report that calls for 24% raises, but the 12 unions involved in the stalled talks covering 115,000 workers still haven’t commented on the recommendations
4 hours ago
FILE- A BNSF rail terminal worker monitors the departure of a freight train, on June 15, 2021, in Galesburg, Ill. The special board appointed by President Joe Biden to intervene in the stalled railroad contract talks submitted its recommendations to the White House, Tuesday, Aug. 16, 2022, on how to settle the deal that covers 115,000 rail workers and avert a strike, but the details of what those arbitrators suggested weren't immediately available. (AP Photo/Shafkat Anowar, File)
August 17

Planned Parenthood to spend record $50M in midterm elections

The nation's leading abortion rights advocacy organization, Planned Parenthood, plans to spend a record $50 million ahead of November’s midterm elections
August 17
August 17

US retail sales were flat in July as inflation takes a toll

The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates forced many households to spend more cautiously
August 17
FILE - A woman wheels a cart with her purchases out of a Walmart, on Nov. 18, 2020, in Derry, N.H. Walmart Inc. on Tuesday, Aug. 16, 2022, reported fiscal second-quarter net income of $5.15 billion. The Bentonville, Arkansas-based company said it had profit of $1.88 per share. Earnings, adjusted for non-recurring gains, were $1.77 per share. (AP Photo/Charles Krupa, File)
August 17

U.S. midterms bring few changes from social media companies

Social media companies are sharing their plans for safeguarding the U.S. midterm elections, although they have offered scant details
August 17
FILE - This combination of photos shows logos for social media platforms Facebook and Twitter. Social media companies are sharing their plans for safeguarding the U.S. midterm elections, although they are offering few specifics. Tech platforms like Facebook and Twitter are generally staying the course they were on in the 2020 voting season — which was marred by conspiracies and culminated in the Jan. 6 insurrection at the U.S. Capitol. (AP Photo, File)
August 17

Target takes a hit after heavy discounts to clear inventory

Target has reported solid sales for the fiscal second quarter but its profits plunged nearly 90% because it slashed prices to clear unwanted inventories of clothing, home goods and other discretionary items
August 17
FILE - A worker collects shopping carts in the parking lot of a Target store on Wednesday, June 9, 2021, in Highlands Ranch, Colo. Target reported solid sales for the fiscal second quarter of 2022, but its profits plunged nearly 90% because it slashed prices to clear inventories of clothing, home goods and other discretionary items. (AP Photo/David Zalubowski, File)
August 17

Little talk of rainforest protection in the Brazilian Amazon

Like other Brazilians, residents of the Amazon will elect governors and lawmakers in general elections in October
August 17
August 17

Musk tweet joking about buying Manchester United causes stir

Elon Musk has caused a stir by tweeting that he was buying the English soccer team Manchester United
August 17
FILE - Elon Musk attends The Metropolitan Museum of Art's Costume Institute benefit gala on May 2, 2022, in New York. Musk caused a stir among Manchester United fans by tweeting that he was buying the English soccer team, then saying several hours later that it was just part of a long-running joke. (Photo by Evan Agostini/Invision/AP, File)
August 17

EU to host Serbia-Kosovo talks in Brussels amid tensions

Wartime rivals Serbia and Kosovo will hold high-level crisis talks which the European Union mediators hope will de-escalate growing tensions in the Balkans
August 17
Kosovo's Interior Minister Xhelal Svecla speaks during an interview with The Associated Press in Kosovo's capital Pristina, Tuesday, Aug. 16, 2022. Wartime rivals Serbia and Kosovo are to hold high level crisis talks which the European Union mediators hope will de-escalate growing tensions in the Balkans, where Russia has been trying to further increase its influence amid the war in Ukraine. (AP Photo/Florent Bajrami)
August 17

UK inflation reaches 10.1% on soaring food, energy costs

Britain’s inflation rate has risen to a new 40-year high of 10.1% in July as climbing food prices tightened a cost-of-living squeeze fueled by soaring energy prices
August 17
FILE - A woman selects fruits at a supermarket in London, Wednesday, Nov. 17, 2021. The Office for National Statistics said Wednesday, Aug. 17, 2022, that consumer prices inflation hit double digits, a jump from 9.4% in June and higher than analysts’ central forecast of 9.8%. The increase was largely due to rising prices for food and staples including toilet paper and toothbrushes, it said. (AP Photo/Frank Augstein, File)
August 17

Dubai sees air travel surge, expects FIFA World Cup boost

The chief executive of Dubai International Airport says the hub saw a surge in passengers over the first half of 2022 as pandemic restrictions eased
August 17
An Emirates Boeing 777 stands at the gate at Dubai International Airport as another prepares to land on the runway in Dubai, United Arab Emirates, Wednesday, Aug. 17, 2022. Dubai International Airport saw a surge in passengers over the first half of 2022 as pandemic restrictions eased and the upcoming FIFA World Cup in Qatar will further boost traffic to the city-state's second airfield, its chief executive said Wednesday. (AP Photo/Jon Gambrell)
August 17

Ukrainians flee grim life in Russian-occupied Kherson

Residents who have fled the Russian-occupied city of Kherson say conditions in the Black Sea port just north of the Crimean Peninsula have become increasingly grim
August 17
Volodymyr Zhdanov and his wife hold a Ukrainian flag with inscription Kherson, in Kyiv, Ukraine, Tuesday, Aug. 16, 2022. When he left Kherson with his family, Zhdanov risked arrest by hiding a Ukrainian flag in the bottom of his pack. He had kept the flag from a public protest of the Russian troop presence. (AP Photo/Roman Hrytsyna)
August 17

Asian shares rise on optimism about US, China economies

Asian shares are mostly higher as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth
August 17
People wearing protective masks walk in the rain past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, Aug. 17, 2022, in Tokyo. Asian shares were mostly higher Wednesday as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth. (AP Photo/Eugene Hoshiko)
August 17

Fast-warming, ailing Med Sea may be a sign of things to come

Climate scientists are warning of dire consequences for the Mediterranean Sea's marine life as it burns up in a series of severe heat waves
August 17
August 17

Asian shares rise on optimism about US, China economies

Asian shares are mostly higher as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth
August 17
FILE - The New York Stock Exchange on Wednesday, June 29, 2022, in New York. Stocks on Wall Street recovered from early losses and turned higher in afternoon trading Monday, Aug. 15, 2022, as investors remain focused on the economy and on several updates from retailers this week. (AP Photo/Julia Nikhinson, File)
August 16

Amazon workers in upstate New York file for union election

Amazon workers in upstate New York filed a petition for a union election on Tuesday, launching a major labor fight against the company
August 16
FILE - A logo for Amazon is displayed on a screen at the Nasdaq MarketSite, July 27, 2018. Amazon workers in upstate New York filed a petition for a union election on Tuesday, Aug. 16, 2022, launching a major labor fight against the company. A spokesperson for the National Labor Relations Board said the petition was filed for a warehouse in the town of Schodack, near Albany. (AP Photo/Richard Drew, File)
August 16

Plan to end railroad contract dispute calls for 24% raises

The special board appointed by President Joe Biden to intervene in stalled railroad contract talks has suggested that 115,000 rail workers should get 24% raises and thousands of dollars in bonuses as part of a new agreement to avert a strike
August 16
FILE- A BNSF rail terminal worker monitors the departure of a freight train, on June 15, 2021, in Galesburg, Ill. The special board appointed by President Joe Biden to intervene in the stalled railroad contract talks submitted its recommendations to the White House, Tuesday, Aug. 16, 2022, on how to settle the deal that covers 115,000 rail workers and avert a strike, but the details of what those arbitrators suggested weren't immediately available. (AP Photo/Shafkat Anowar, File)
August 16

Amazon: FTC probe hounding Bezos, execs; subpoenas too broad

Amazon has complained to federal regulators that they're hounding company founder Jeff Bezos and senior executives
August 16
FILE - An Amazon Prime logo appears on the side of a delivery van as it departs an Amazon Warehouse location in Dedham, Mass., Oct. 1, 2020. Amazon has complained to federal regulators that they are hounding company founder Jeff Bezos and senior executives, making “impossible-to-satisfy demands” in their investigation of Amazon Prime. (AP Photo/Steven Senne, File)
August 16

Walmart tops Q2 expectations as Americans continue spending

Walmart has reported better-than-expected second quarter results
August 16
FILE - A woman wheels a cart with her purchases out of a Walmart, on Nov. 18, 2020, in Derry, N.H. Walmart Inc. on Tuesday, Aug. 16, 2022, reported fiscal second-quarter net income of $5.15 billion. The Bentonville, Arkansas-based company said it had profit of $1.88 per share. Earnings, adjusted for non-recurring gains, were $1.77 per share. (AP Photo/Charles Krupa, File)
August 16

Which EVs qualify for new US tax credit? Websites offer help

The U.S. government is moving forward with its plan to award new tax credits to electric vehicle purchasers
August 16
President Joe Biden hands the pen he used to sign the Democrats' landmark climate change and health care bill to Sen. Joe Manchin, D-W.Va., as Senate Majority Leader Chuck Schumer of N.Y., watches in the State Dining Room of the White House in Washington, Tuesday, Aug. 16, 2022. (AP Photo/Susan Walsh)
August 16

Scientists say new climate law is likely to reduce warming

Climate scientists say the new spending package that President Biden just signed will trim future warming a bit
August 16
FILE - Employees of NY State Solar, a residential and commercial photovoltaic systems company, install an array of solar panels on a roof, Aug. 11, 2022, in the Long Island hamlet of Massapequa, N.Y. Massive incentives for clean energy in the U.S. law signed Tuesday, Aug. 16, by President Joe Biden should reduce future global warming “not a lot, but not insignificantly either,” according to a climate scientist who led an independent analysis of the climate package. (AP Photo/John Minchillo, File)
August 16

Amazon to raise seller fees for holidays amid rising costs

Amazon is raising charges on third-party sellers again —- this time adding a holiday fee for merchants who use the company’s fulfillment services to pack and ship items to customers
August 16
FILE - An Amazon Prime truck passes by a sign outside an Amazon fulfillment center on the Staten Island borough of New York, on March 19, 2020. Amazon is raising charges on third-party sellers again — this time adding a holiday fee for merchants who use the company’s fulfillment services to pack and ship items to customer, according to a notice the company sent to merchants on Tuesday, Aug. 16, 2022. (AP Photo/Kathy Willens, File)
August 16

AGs: Lender heaped insurance plans onto unwitting borrowers

The top prosecutors in a handful of states say a Maryland lender deceived customers by tacking on insurance coverage to loans, but that borrowers didn't ask for the insurance — or even know about
August 16
August 16

AGs: Lender heaped insurance plans onto unwitting borrowers

The top prosecutors in a handful of states say a Maryland lender deceived customers by tacking on insurance coverage to loans, but that borrowers didn't ask for the insurance — or even know about
August 16
August 16

Drought-stricken states to get less from Colorado River

The Colorado River provides water to 40 million people across seven states.
August 16
FILE - A dead fish that used to be underwater sits on cracked earth above the water level on Lake Mead at the Lake Mead National Recreation Area on May 9, 2022, near Boulder City, Nev. Federal officials on Tuesday, Aug. 16, 2022, are expected to announce water cuts that would further reduce how much Colorado River water some users in the seven U.S. states reliant on the river and Mexico receive. (AP Photo/John Locher, File)
August 16

Prime-time network, cable viewership for the week of Aug. 8

As is often the case in summer, NBC's ‘America’s Got Talent' was the week's most popular prime-time television show
August 16
August 16

How major US stock indexes fared Tuesday 8/16/2022

Stocks ended mostly higher on Wall Street Tuesday after another bumpy day as investors cautiously reviewed mostly encouraging financial results from major retailers
August 16
August 16

Walmart, Home Depot rise; Lumentum, ZipRecruiter fall

Stocks that traded heavily or had substantial price changes Tuesday: Walmart, Home Depot rise; Lumentum, ZipRecruiter fall
August 16
August 16

Inflation Reduction Act may have little impact on inflation

With inflation raging near its highest level in four decades, President Joe Biden on Tuesday signed into law his landmark Inflation Reduction Act
August 16
FILE - President Joe Biden in the East Room of the White House, Aug. 10, 2022, in Washington. Biden is preparing to sign Democrats' landmark climate change and health care bill. It's the "final piece" of the president's pared-down domestic agenda as he aims to boost his party's standing with voters ahead of midterm elections. (AP Photo/Evan Vucci)
August 16

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery fell $2.88 to $86.53 a barrel Tuesday
August 16
August 16

Kenya's Odinga says he will challenge close election loss

Opposition figure Raila Odinga says he will challenge the results of Kenya’s close presidential election with “all constitutional and legal options.”
August 16
Kenyan presidential candidate Raila Odinga, center, walks through the crowd during departure after delivering an address to the nation at his campaign headquarters in downtown Nairobi, Kenya, Tuesday, Aug. 16, 2022. Kenya is calm a day after Deputy President William Ruto was declared the winner of the narrow presidential election over longtime opposition figure Raila Odinga. (AP Photo/Ben Curtis)
August 16

2 injured in fire at ammunition storage site on Crimea

Explosions and fires have ripped through an ammunition depot in Russia-annexed Crimea in the second suspected Ukrainian attack on the peninsula in just over a week
August 16
A man looks out from an apartment destroyed after Russian shelling in Nikopol, Ukraine, Monday, Aug. 15, 2022. (AP Photo/Kostiantyn Liberov)
August 16

What's in big Biden bill? Health, climate goals become law

President Joe Biden arrived at the White House promising to “build back” America, and on Tuesday he's signing into law legislation with a slimmer version of that idea
August 16
House Speaker Nancy Pelosi of Calif., finishes the vote to approve the Inflation Reduction Act in the House chamber at the Capitol in Washington, Friday, Aug. 12, 2022. A divided Congress gave final approval Friday to Democrats' flagship climate and health care bill. (AP Photo/Patrick Semansky)
August 16

Mark Hoffman out as CNBC chief, KC Sullivan replacing him

Longtime CNBC chief Mark Hoffman is leaving the network after 28 years, His departure was announced Tuesday
August 16
FILE - CNBC's Mark Hoffman appears during a panel discussion on the changing worlds of media and music at the eMerge Americas technology event in Miami Beach, Fla., on April 19, 2016. Hoffman is leaving the network after 28 years, with London-based executive KC Sullivan replacing him early next month, the network said on Tuesday. Hoffman was named president of the financial news network in 2005 and elevated to chairman in 2015. (AP Photo/Wilfredo Lee, File)
August 16

MacKenzie Scott gives $39 million to Junior Achievement USA

Billionaire philanthropist MacKenzie Scott donated $38.8 million to Junior Achievement USA and 26 local operations — the largest single gift in its 103-year history — the national education nonprofit announced Tuesday
August 16
In this photo provided by Junior Achievement USA, volunteer Cammy Elquist LoRé teaches a Colorado Springs, Colo., high school class program that helps prepare them for handling finances in the adult world, on March 23, 2018. (Ellen Jaskol/Courtesy of Junior Achievement USA)
August 16

Ukraine's Black Sea deal also helps Russian farmers, economy

Agreements to unblock Ukrainian grain stuck at Black Sea ports also aid Russia.
August 16
FILE - A security officer stands next to the ship Navi-Star which sits full of grain since Russia's invasion of Ukraine began five months ago as it waits to sail from the Odesa Sea Port, in Odesa, Ukraine, July 29, 2022. Ukraine is steadily exporting grains from its Black Sea ports under a wartime deal brokered last month, but the agreement has also proven helpful to Russian farmers and the country's cornerstone agriculture industry. (AP Photo/David Goldman)
August 16

Industry group says most EVs will no longer qualify for federal tax credits

An expert said there's a possibility that no EVs could qualify for the credit.
August 16
In this April 11, 2022, file photo, an R1T truck is shown on the road outside the Rivian electric vehicle plant in Normal, Il.
August 16

Europe drought: German industry at risk as Rhine level falls

Germany’s main industry lobby group has warned that factories may have to throttle production or halt it completely because plunging water levels on the Rhine are making it harder to transport cargo on the river
August 16
A cargo ship passes a danger buoy lying on dry land in Dusseldorf, North Rhine-Westphalia, Germany. After weeks of drought, the water levels of the Rhine have reached historic lows. (Federico Gambarini/dpa via AP)
August 16

American Airlines places deposit on 20 supersonic planes

The aircraft are still on the drawing board and years away from flying.
August 16
This undated image provided by Boom Supersonic shows Boom Supersonic Overture Aircraft. American Airlines says it has agreed to buy up to 20 supersonic jets that are still on the drawing board and years away from flying. American announced the deal Tuesday, Aug. 16, 2022 with Boom Supersonic.(Boom Supersonic via AP)