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1 hour ago

World shares retreat, Japan higher

World markets are mostly lower though Japan's benchmark jumped as it caught up after a holiday
1 hour ago
A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Friday, Sept. 24, 2021. Asian shares were mixed Friday amid concerns over troubled Chinese real estate developer Evergrande and over the pandemic. (AP Photo/Lee Jin-man)
September 24

NY hospitals fear staff shortage as vaccine deadline looms

Hospitals and nursing homes in New York are bracing for the possibility that a statewide COVID-19 vaccine mandate for health care workers could lead to staff shortages
September 24
FILE - In this Wednesday, May 27, 2020 file photo, Medical personnel adjust their personal protective equipment while working in the emergency department at NYC Health + Hospitals Metropolitan in New York. Hospitals and nursing homes in New York are bracing for the possibility that a statewide COVID-19 vaccine mandate for health care workers could lead to staff shortages when it takes effect Monday, Sept. 27, 2021. Doctors and nurses — and also support staff, like food service workers and cleaners — have been given until Sept. 27 to get at least their first vaccine shot in one of the nation's most aggressive plans to protect patients. (AP Photo/John Minchillo, File)
September 24

Chinese banks try to calm fears about developer's debts

Seeking to dispel fears of financial turmoil, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under $310 billion in debt
September 24
Investors are surrounded by police and security personnel as they try to enter the headquarters of the real estate developer Evergrande Group, Thursday, Sept. 23, 2021, in Shenzhen, southern China. Fears that the developer's possible default on multibillion-dollar debts might send shockwaves through global financial markets appeared to ease Thursday as creditors waited to see how much they might recover. (AP Photo/Ng Han Guan)
September 23

Asian shares mixed on China developer, virus concerns

Asian shares are mixed amid concerns over troubled Chinese real estate developer Evergrande and over the pandemic
September 23
A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate of South Korean won against the U.S. dollar at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Sept. 23, 2021. Asian shares were mostly higher on Thursday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year.(AP Photo/Ahn Young-joon)
September 23

US sets the stage for COVID booster shots for millions

The U.S. vaccination drive against COVID-19 is poised for a major new phase: Government advisers on Thursday recommended booster doses of Pfizer’s vaccine for millions of Americans
September 23
FILE - In this Jan. 12, 2021, file photo resident of Harmony Court Assisted Living receives the Pfizer COVID-19 vaccine in Jackson, Miss. With booster doses of Pfizer’s COVID-19 vaccine now authorized in the U.S., government advisers reconvened on Thursday, Sept. 23, to tackle the most contentious question yet: Exactly who should roll up their sleeves right away? (AP Photo/Rogelio V. Solis, File)
September 23

Democrats see tax 'framework' to pay for huge $3.5T package

Top congressional Democrats say they and the White House have agreed to a framework of tax options to pay for their emerging $3.5 trillion social and environment bill
September 23
President Joe Biden attends a virtual COVID-19 summit during the 76th Session of the United Nations General Assembly, in the South Court Auditorium on the White House campus, Wednesday, Sept. 22, 2021, in Washington. (AP Photo/Evan Vucci)
September 23

US court revives suit against Facebook over TV host's image

A federal appeals court has revived a Philadelphia newscaster’s lawsuit against Facebook over the unauthorized use of her image in advertisements for dating sites and sex-related products that ran on the site
September 23
September 23

US long-term mortgage rates up slightly; 30-year at 2.88%

Average long-term mortgage rates rose slightly this week continuing a months-long trend of little movement
September 23
This is a home sold in Mount Lebanon, Pa., on Tuesday, Sept. 21, 2021. Average long-term mortgage rates rose slightly this week continuing a months-long trend of little movement. They remained under 3%. Mortgage buyer Freddie Mac reports that the average rate for a 30-year mortgage edged up to 2.88% from 2.86% last week. (AP Photo/Gene J. Puskar)
September 23

How major US stock indexes fared Thursday

Stocks rose broadly for a second day in a row on Wall Street Thursday, reversing the market’s losses for the week just three days after the S&P 500 had its biggest skid since May
September 23
September 23

Salesforce.com, Darden rise; Steelcase, Rite Aid fall

Stocks that traded heavily or had substantial price changes Thursday: Salesforce
September 23
September 23

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
September 23
September 23

Inflation forces homebuilders to take it slow, raise prices

Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, delaying construction and prompting many builders to pump the brakes on how many homes they put up for sale
September 23
In this June 24, 2021 photo, lumber is piled at a housing construction site in Middleton, Mass. Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, which accounted for nearly 12% of all U.S. home sales in July. Construction delays are common, prompting many builders to pump the brakes on the number of new homes they put up for sale. As building a new home gets more expensive, some of those costs are passed along to buyers. (AP Photo/Elise Amendola)
September 23

Wildfire victims left with nothing get hope from donated RVs

A man and his daughter are bringing donated motorhomes to people who have lost everything in wildfires in the American West
September 23
Woody Faircloth hugs Sheri Roen as her family donates their motorhome to EmergencyRV.org on Sunday, Sept. 5, 2021, in Sierra County, Calif. Accompanied by daughter Luna, left, Faircloth delivered it to a Dixie Fire victim later that day, (AP Photo/Noah Berger)
September 23

Target trims holiday hiring goals

Target will hire fewer seasonal workers this year  and will instead offer more hours to current employees
September 23
Customers arrive at a Target store, Wednesday, June 2, 2021, in North Miami Beach, Fla. Target says Thursday, Sept. 23, it will hire fewer seasonal workers than last year and instead offer more hours to its current hourly staffers as it navigates a tight labor market. (AP Photo/Wilfredo Lee)
September 23

EU seeks to require all mobile devices, including iPhones, use a universal charger

Apple has argued this can hamper innovation.
September 23
Apple chargers are seen here in this Sept. 4, 2016 file photo.
September 23

Philanthropies pledge billions during UN meeting

Bill and Melinda Gates’ private foundation announced Thursday it will spend more than $900 million over the next five years to curb global malnutrition
September 23
FILE - In this July 1, 2021 file photo, Melinda Gates, Co-Chair of the Bill and Melinda Gates Foundation poses for photographers as she arrives for a meeting after a meeting on the sideline of the gender equality conference at the Elysee Palace in Paris. Bill and Melinda Gates’ private foundation announced Thursday, Sept, 23, 2021 it will spend more than $900 million over the next five years to curb global malnutrition (AP Photo/Michel Euler, File)
September 23

Lava spread raises fears of more damage on Spanish island

The advance of lava from a volcanic eruption on one of Spain’s Canary Islands has slowed significantly
September 23
Lava from a volcano eruption flows on the island of La Palma in the Canaries, Spain, Thursday, Sept. 23, 2021. A volcano on a small Spanish island in the Atlantic Ocean erupted on Sunday, forcing the evacuation of thousands of people. Experts say the volcanic eruption and its aftermath on a Spanish island could last for up to 84 days. (AP Photo/Emilio Morenatti)
September 23

EPA rule sharply limits HFCs, gases used as refrigerants

The Environmental Protection Agency is sharply limiting domestic production and use of highly potent greenhouse gases commonly used in refrigerators and air conditioners
September 23
Sen. Tom Carper, D-Del., speaks during a Senate Homeland Security and Governmental Affairs Committee hearing to discuss security threats 20 years after the 9/11 terrorist attacks, Tuesday, Sept. 21, 2021 on Capitol Hill in Washington. (Greg Nash/Pool via AP)
September 23

EU legal adviser says VW software is banned 'defeat device'

A top European Union legal adviser says software installed in Volkswagen cars to alter the amount of pollutants coming out of their exhaust pipes in hot or cold weather and at high altitude contravenes EU laws
September 23
September 23

US jobless claims tick up from near a pandemic low

The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market’s recovery, at least temporarily
September 23
FILE - An Amazon truck drives in in Philadelphia, Friday, April 30, 2021. Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday, Sept. 14, 2021 that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. The company is also offering pay sign-on bonuses of $3,000 in some parts of the country. (AP Photo/Matt Rourke, file)
September 23

One to charge them all: EU demands single plug for phones

The European Union is unveiling plans that would require smartphone makers to adopt a single charging method for mobile devices
September 23
European Commissioner for Internal Market Thierry Breton speaks during a media conference on a common charging solution for mobile phones at EU headquarters in Brussels, Thursday, Sept. 23, 2021. The European Union unveiled plans Thursday that would require smartphone makers to adopt a single charging method for mobile devices. (AP Photo/Thierry Monasse)
September 23

Once-hot SPAC investments return to earth

The spectacular run for a once-hot investment has fizzled so much that many have been relegated to the bargain bin
September 23
September 23

Bank of England keeps rates on hold, warns over inflation

The Bank of England has kept its main interest rate at the record low of 0.1% while warning that inflation is set to rise over the coming months largely as a result of a sharp spike in energy prices
September 23
September 23

Fears of global shockwaves from Chinese builder's debts ease

Fears that a Chinese real estate developer’s possible default on multibillion-dollar debts might send shockwaves through global financial markets appear to be easing as creditors wait to see how much they might recover
September 23
Residents pass near the headquarters for Evergrande in Shenzhen in southern China, Thursday, Sept. 23, 2021. The Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets says it will pay interest due Thursday to bondholders in China but gave no sign of plans to pay on a separate bond abroad. (AP Photo/Ng Han Guan)
September 23

Floods, books & kids: Highlights of German election campaign

Germany's election campaign has largely focused on the three candidates hoping to succeed Angela Merkel as chancellor after four terms in office
September 23
FILE - In This Thursday, Sept. 16, 2021 file photo, three elections posters show top candidate for chancellor of the Greens Annalena Baerbock, left, Social Democratic top candidate for chancellor Olaf Scholz, center, and Christian Democratic top candidate for chancellor Armin Laschet, right, in Berlin, Germany. Germany's election campaign has largely focused on the three candidates hoping to succeed Angela Merkel as chancellor after four terms in office. German federal elections will be on Sept. 26, 2021. (AP Photo/Michael Sohn, file)
September 23

China's Ant Group shares credit data with central bank

China’s central bank will soon have access to private credit information of hundreds of millions of users of Ant Group’s online credit service, in a move signaling more regulatory oversight of the financial technology sector
September 23
FILE - In this Oct. 26, 2020, file photo, a view of the signage of Ant Group is seen at the headquarters compound of the fintech giant in Hangzhou in eastern China's Zhejiang province. China’s central bank will soon have access to private credit information of hundreds of millions of users of Ant Group’s online credit service, in a move signaling more regulatory oversight of the financial technology sector. (Chinatopix via AP, File)
September 23

Norway ups key policy rate, cites normalized economy

Norway’s central bank has raised its key policy interest rate by a quarter of a percentage point to 0_25%, citing the normalization of the economy that suggests “there is no longer a need to maintain the current degree of monetary accommodation.”
September 23
September 23

Taiwan asks to join trade group, says China might interfere

Taiwan officials say the island has applied to join an 11-nation Pacific trade group
September 23
File - In this Aug. 6, 2015, file photo, fishing boats are secured in a port during foul weather in Yilan County, northeastern Taiwan. Taiwan has applied to join an 11-nation Pacific trade group, Cabinet officials said Thursday, Sept. 23, 2021, setting up a potential clash with rival Beijing over the status of the island democracy. (AP Photo/Wally Santana, File)
September 23

Wildfire victims left with nothing get hope from donated RVs

A man and his daughter are bringing donated motorhomes to people who have lost everything in wildfires in the American West
September 23
Woody Faircloth hugs Sheri Roen as her family donates their motorhome to EmergencyRV.org on Sunday, Sept. 5, 2021, in Sierra County, Calif. Accompanied by daughter Luna, left, Faircloth delivered it to a Dixie Fire victim later that day, (AP Photo/Noah Berger)
September 23

Wildfire victims left with nothing get hope from donated RVs

A man and his daughter are bringing donated motorhomes to people who have lost everything in wildfires in the American West
September 23
Woody Faircloth hugs Sheri Roen as her family donates their motorhome to EmergencyRV.org on Sunday, Sept. 5, 2021, in Sierra County, Calif. Accompanied by daughter Luna, left, Faircloth delivered it to a Dixie Fire victim later that day, (AP Photo/Noah Berger)
September 23

COVID-19 creates dire US shortage of teachers, school staff

Schools have welcomed students back to classrooms but face a new challenge: a shortage of teachers and staff the likes of which some districts say they have never seen
September 23
FILE - In this March 2, 2021, file photo, socially distanced and with protective partitions students work on an art project during class at the Sinaloa Middle School in Novato, Calif. Public schools have struggled for years with teacher shortages, particularly in math, science, special education and languages. But the pandemic has exacerbated the problem. The stresses of teaching in the COVID-era caused a spike in teacher retirements and resignations. Now that California schools have welcomed students back to in-person learning, they face a new challenge: A shortage of teachers and all other staff, the likes of which some districts say they've never seen. (AP Photo/Haven Daley, File)
September 23

UN health agency sets higher, tougher bar for air quality

The World Health Organization is setting a higher bar for policymakers and the public in its first update to its air quality guidelines in 15 years
September 23
FILE - In this Tuesday, Sept. 7, 2021 file photo, a man who scavenges recyclable materials for a living walks across a mountain of garage amidst smoke from burning trash at Dandora, the largest garbage dump in the capital Nairobi, Kenya. The World Health Organization said Wednesday Sept. 22, 2021, the negative health impacts of poor air quality kick in at lower levels than it previously thought, announcing revisions to its guidelines on air quality that set a higher bar for policymakers in a world where 90 percent of people already live in areas with one particularly harmful type of pollutant. (AP Photo/Brian Inganga, File)
September 22

California 1st to set quota limits for retailers like Amazon

California will be the first state to bar mega-retailers from firing warehouse workers for missing quotas that interfere with bathroom and rest breaks
September 22
FILE - In this Sept. 14, 2021, file photo, Gov. Gavin Newsom speaks in San Francisco. California will be the first state to bar mega-retailers from firing warehouse workers for missing quotas that interfere with bathroom and rest breaks. The legislation signed Wednesday, Sept. 22, 2021 by Newsom grew from Amazon's drive to speed goods to consumers. (AP Photo/Jeff Chiu, File)
September 22

FDA backs Pfizer COVID-19 boosters for seniors, high-risk

The U.S. has moved a step closer to offering booster doses of Pfizer’s COVID-19 vaccine to seniors and others at high risk from the virus
September 22
September 22

Asian shares, Wall Street hold gains after Fed statement

Asian shares are mostly higher after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year
September 22
Trader Sean Spain works on the floor of the New York Stock Exchange, Wednesday, Sept. 22, 2021. Stocks edged higher on Wall Street in morning trading Wednesday ahead of an anticipated update from the Federal Reserve on how and when it might begin easing its extraordinary support measures for the economy. (AP Photo/Richard Drew)
September 22

US-French spat seems to simmer down after Biden-Macron call

The most significant rift in decades between the United States and France seems on the mend after French President Emmanuel Macron and President Joe Biden got on the phone to smooth things over
September 22
FILE - In this June 14, 2021 file photo, U.S. President Joe Biden, right, speaks with French President Emmanuel Macron during a plenary session during a NATO summit at NATO headquarters in Brussels. French President Emmanuel Macron expects "clarifications and clear commitments" from President Joe Biden in a call to be held later on Wednesday to address the submarines' dispute, Macron's office said. (Brendan Smialowski, Pool via AP, File)
September 22

Business group: China's tech self-reliance plans hurt growth

A foreign business group in China says the ruling Communist Party’s campaign to tighten control over China’s industries and reduce use of foreign technology is denting its economic growth
September 22
A child reaches out to a depicting of a globe and the word "Global" during the China International Fair for Trade in Services (CIFTIS) in Beijing, China, Monday, Sept. 6, 2021. The ruling Communist Party's campaign to tighten control over China's industries and reduce use of foreign technology is slashing economic growth, a foreign business group warned Thursday, Sept. 22 and it appealed to Beijing to reverse course and open state-dominated markets wider. (AP Photo/Ng Han Guan)
September 22

Facebook tech chief Mike Schroepfer to step down

Facebook’s Chief Technology Officer Mike Schroepfer is stepping down from the social media company, taking on a part time role while longtime executive Andrew Bosworth will replace him next year
September 22
FILE - In this Thursday, March 26, 2015, file photo, Chief Technology Officer Mike Schroepfer talks about virtual reality while delivering a keynote address at the Facebook F8 Developers Conference, in San Francisco. Facebook’s CTO Schroepfer is stepping down from the social media company, taking on a part time role while longtime executive Andrew Bosworth will replace him in 2022. Schroepfer, known as “Schrep,” has been at Facebook for 13 years and is a close friend of CEO Mark Zuckerberg. (AP Photo/Eric Risberg, File)
September 22

Fendi, Del Core lead Milan fashion's runway return

Italy’s fashion capital is again alive with the sound of shoppers swarming boutiques and editors filling socially distanced fashion week venues, a sign of a light at the end of the pandemic tunnel
September 22
Models wear creations for the Fendi Spring Summer 2022 collection during Milan Fashion Week, in Milan, Italy, Wednesday, Sept. 22, 2021. (AP Photo/Antonio Calanni)
September 22

United Airlines say 97% of US employees have been vaccinated

The vast majority of United Airlines employees are deciding to get vaccinated against COVID-19 rather than risk losing their job
September 22
FILE - In this July 2, 2021 file photo, a United Airlines jetliner taxis down a runway for take off from Denver International Airport in Denver. The vast majority of United Airlines employees are deciding to get vaccinated against COVID-19 rather than risk losing their job. United said Wednesday, Sept. 22, that more than 97% of its U.S.-based employees are fully vaccinated. (AP Photo/David Zalubowski, file)
September 22

Polish regulators renew license for Discovery-owned channel

Poland’s broadcasting regulators have extended the license of Discovery Inc.-owned TVN24
September 22
September 22

How major US stock indexes fared Wednesday

Stocks held on to their gains on Wall Street Wednesday after the Federal Reserve signaled it may begin easing its extraordinary support measures for the economy later this year
September 22
September 22

Fed foresees a potential rate hike as soon as next year

Federal Reserve Chair Jerome Powell signaled Wednesday that the Fed plans to announce as early as November that it will start withdrawing the extraordinary support it unleased after the coronavirus paralyzed the economy 18 months ago
September 22
FILE - In this Wednesday, Sept. 26, 2018 file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington. The strengthening U.S. economy is edging closer to achieving the Federal Reserve's goals for job growth and inflation, Chair Jerome Powell said in a speech in which he offered few clues to a key question overhanging the economy: When will the Fed begin to withdraw its extraordinary economic support? (AP Photo/Susan Walsh, File)
September 22

Stitch Fix, Sonic Automotive rise; FedEx, Facebook fall

Stocks that traded heavily or had substantial price changes Wednesday: Stitch Fix, Sonic Automotive rise; FedEx, Facebook fall
September 22
September 22

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels
September 22
September 22

What to know about the Evergrande financial crisis

As a payment deadline looms for the real estate developer, Beijing isn't expected to facilitate a bailout.
September 22
As a payment deadline looms for the real estate developer, Beijing isn't expected to facilitate a bailout.
September 22

Nigeria-born designer Joy Meribe opens Milan Fashion Week

Nigeria-born designer Joy Meribe opened Milan Fashion Week on Wednesday with her debut runway collection, a concrete success for a movement to promote diversity in Italian fashion just a year after launching
September 22
A model wears a creation of Joy Meribe's Spring Summer 2022 collection, unveiled during the Milan Fashion Week, in Milan, Italy, Wednesday, Sept. 22, 2021. (AP Photo/Luca Bruno)
September 22

Text of the Federal Reserve's statement after its meeting

Below is the statement the Fed released Wednesday after its policy meeting ended: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed their recovery. Inflation is elevated, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy continues to depend on the course of the virus. Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook...
September 22
September 22

Existing US home sales fell in August, price growth slows

Sales of previously occupied U.S. homes fell in August and the pace of price growth eased, the latest sign the housing market is cooling as intense competition leave many would-be buyers on the sidelines
September 22
A sale sign stands outside a home on the market Tuesday, Sept. 21, 2021, in southeast Denver. The National Association of Realtors releases existing home sales for August on Wednesday, Sept. 22. (AP Photo/David Zalubowski)
September 22

UK's Johnson concedes US trade deal not in the offing

British Prime Minister Boris Johnson has conceded that a post-Brexit trade deal with the U.S. is not imminent as he voiced confidence that the decades-long U.S. ban on the import of British lamb would be lifted
September 22
President Joe Biden, right, speaks during a meeting with British Prime Minister Boris Johnson in the Oval Office of the White House, Tuesday, Sept. 21, 2021, in Washington. (AP Photo/Alex Brandon)