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29 minutes ago

Stock market today: Asian shares mostly decline ahead of Federal Reserve’s Powell speech

Asian shares are mostly falling, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the U.S. economy
29 minutes ago
A currency trader talks on the phone near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, Aug. 25, 2023. Asian shares mostly fell Friday, discouraged by a Wall Street slump that followed a blowout profit report from Nvidia and mixed reports on the U.S. economy.(AP Photo/Lee Jin-man)
1 hour ago

AP Week in Pictures: Europe and Africa

Firefighters battle multiple wildfires in Greece, including one in the northeast that officials say is the largest recorded in the European Union. Russian mercenary chief Yevgeny Prigozhin and some of his top lieutenants were presumed dead in a plane crash in Kuzhenkino, about 300 kilometers (185 miles) northwest of Moscow. The 15th BRICS summit took place in South Africa, with Putin appearing on a video link after his travel to South Africa was complicated by an International Criminal Court arrest warrant against him over the war in Ukraine. In sports, Spain's women’s soccer team won their first World Cup in Australia. This gallery highlights some of the most compelling images made or published in the past week by Associated Press photographers in Europe and Africa. The selection was curated by AP photographer Markus Schreiber. ___ Follow AP visual journalism: Instagram: https://www.instagram.com/apnews AP Images on Twitter: http://twitter.com/AP_Images AP Images blog:...
1 hour ago
Russian President Vladimir Putin addresses leaders from the BRICS group of emerging economies at the start of a three-day summit in Johannesburg, South Africa , Tuesday, Aug. 22, 2023. Putin appeared on a video link after his travel to South Africa was complicated by an International Criminal Court arrest warrant against him over the war in Ukraine. (AP Photo/Jerome Delay)
2 hours ago

Europe is cracking down on Big Tech. This is what will change when you sign on

Starting Friday, Europeans will see their online life change
2 hours ago
File - The Instagram logo is seen on a cell phone, Friday, Oct. 14, 2022, in Boston. Google, Facebook, TikTok and other Big Tech companies operating in Europe are facing one of the most far-reaching efforts to clean up what people encounter online. (AP Photo/Michael Dwyer, File)
2 hours ago

Europe is cracking down on Big Tech. This is what will change when you sign on

Starting Friday, Europeans will see their online life change
2 hours ago
File - The Instagram logo is seen on a cell phone, Friday, Oct. 14, 2022, in Boston. Google, Facebook, TikTok and other Big Tech companies operating in Europe are facing one of the most far-reaching efforts to clean up what people encounter online. (AP Photo/Michael Dwyer, File)
August 24

Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech

When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been ...
August 24
File - Federal Reserve Chairman Jerome Powell speaks during a House Financial Services Committee hearing in Washington, June 21, 2023. When Powell delivers a high-profile speech Friday in Jackson Hole, WY., many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected. (AP Photo/Andrew Harnik, File)
August 24

Trump returns to site formerly known as Twitter, posts his mug shot shortly after Georgia surrender

Former President Donald Trump has returned to X, the social media site formerly known as Twitter
August 24
Former President Donald Trump walks to speak with reporters before departure from Hartsfield-Jackson Atlanta International Airport, Thursday, Aug. 24, 2023, in Atlanta. (AP Photo/Alex Brandon)
August 24

Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continue

Unionized workers at a General Motors joint-venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract
August 24
FILE - The Ultium Cell factory is seen, July 7, 2023, in Warren, Ohio. Unionized workers at the General Motors joint venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract, if they ratify an interim deal announced Thursday, Aug. 24. (AP Photo/Gene J. Puskar, File)
August 24

The FAA will consider tighter regulation of charter flights that look more like airline service

The Biden administration says it will take a look at increasing regulation over some air charters that operate much like regular airlines
August 24
August 24

Railroads resist joining safety hotline because they want to be able to discipline workers

The major freight railroads say a disagreement over whether they will be allowed to discipline some workers who use a government hotline to report safety concerns has kept them from following through on the promise they made back in March to join the p...
August 24
FILE - A BNSF locomotive heads south out of Oklahoma City, Sept. 14, 2022. On Thursday, Aug. 24, 2023, the major freight railroads said a disagreement over whether they will be allowed to discipline some workers who use a government hotline to report safety concerns have kept them from following through on the promise they made back in March to join the program after a fiery Ohio derailment prompted calls for reforms. (AP Photo/Sue Ogrocki, File)
August 24

US sues SpaceX for alleged hiring discrimination against refugees and others

The U.S. Department of Justice has sued SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people seeking or already granted asylum
August 24
FILE - The U.S. Department of Justice logo is seen on a podium following a news conference in the office of the U.S. Attorney for the District of Maryland in Baltimore, March 1, 2017. On Thursday, Aug. 24, 2023, the U.S. Department of Justice filed suit against SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people seeking or already granted asylum. (AP Photo/Patrick Semansky, File)
August 24

US sues SpaceX for alleged hiring discrimination against refugees and others

The U.S. Department of Justice has sued SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people seeking or already granted asylum
August 24
FILE - The U.S. Department of Justice logo is seen on a podium following a news conference in the office of the U.S. Attorney for the District of Maryland in Baltimore, March 1, 2017. On Thursday, Aug. 24, 2023, the U.S. Department of Justice filed suit against SpaceX, the rocket company founded and run by Elon Musk, for alleged hiring discrimination against refugees and people seeking or already granted asylum. (AP Photo/Patrick Semansky, File)
August 24

'Dune: Part Two' release postponed to 2024 as actors strike lingers

The release of “Dune: Part Two,” one of the fall’s most anticipated films, has been postponed from November until next year
August 24
FILE - Timothee Chalamet, left, and Zendaya pose for photographers upon arrival at the premiere of the film "Dune," Oct. 18, 2021, in London. The release of “Dune: Part Two,” one of the fall's most anticipated releases, has been postponed from November 2023 until next near, Warner Bros. confirmed Thursday, Aug. 24, 2023. (Photo by Joel C Ryan/Invision/AP, File)
August 24

Judge OKs updated Great Lakes fishing agreement between native tribes, state and federal agencies

A federal judge has approved an updated Great Lakes fishing agreement between four Native American tribes and government agencies
August 24
FILE - In this photo provided by the Great Lakes Fishery Commission, a lake trout swims off Isle Royale, Mich., Sept. 12, 2018, in Lake Superior. On Thursday, Aug. 24, 2023, a federal judge approved an agreement between four Native American tribes and regulatory agencies to revise a fishing policy covering parts of three of the Great Lakes. (Andrew Muiri/Great Lakes Fishery Commission via AP, File)
August 24

Lawyers suing JetBlue say the airline could raise fares on some routes after buying Spirit Airlines

Lawyers suing JetBlue say in court filings that the airline could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines
August 24
FILE - A JetBlue Airways Airbus A320, left, passes a Spirit Airlines Airbus A320 as it taxis on the runway, July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. JetBlue Airways estimates that it could raise fares on some routes by up to 40% if it succeeds in buying Spirit Airlines and eliminating the low-fare carrier as a competitor on those routes, according to internal calculations that appeared in court filings. JetBlue said Thursday, Aug. 24, 2023, that information from the filings is being taken out of context to distort the facts. (AP Photo/Wilfredo Lee, File)
August 24

Jury convicts ex-chief of staff of lying to protect his boss, former Illinois House speaker Madigan

A federal jury in Chicago has convicted a former chief of staff to longtime Illinois House Speaker Michael Madigan of lying under oath to protect his once-powerful boss
August 24
FILE - This Oct. 4, 2007 file photo shows Tim Mapes, chief of staff to Illinois House Speaker Madigan at the Illinois State Capitol in Springfield, Ill. A federal prosecutor has told jurors that evidence would show the former chief of staff lied to a grand jury to protect his boss. That assertion came during opening statements at the perjury and obstruction of justice trial in Chicago of Tim Mapes. He served for almost two decades as Madigan’s chief of staff. (AP Photo/Seth Perlman, File)
August 24

Environmental group suffers setback in legal fight to close California's last nuclear power plant

A California judge is rejecting an environmental group’s lawsuit that sought to block the state's largest utility from seeking to extend the operating life of the Diablo Canyon Nuclear Power Plant
August 24
August 24

How major US stock indexes fared Thursday, 8/24/2023

Wall Street closed lower, despite a blowout profit report from Nvidia, as bond yields rose ahead of a highly anticipated speech from Federal Reserve Chair Jerome Powell
August 24
August 24

Nike to sell replicas of England goalkeeper Mary Earps' jersey after facing backlash in UK

Nike will start selling replicas of England goalkeeper Mary Earps’ jersey after facing a public outcry for not making them available to fans during the Women’s World Cup
August 24
England's goalkeeper Mary Earps reacts after receiving the Golden Glove Award following the Women's World Cup soccer final between Spain and England at Stadium Australia in Sydney, Australia, Sunday, Aug. 20, 2023. (AP Photo/Mark Baker)
August 24

SpaceX sued by Justice Department over alleged asylee, refugee discrimination

The suit alleges company selectively rejected qualified asylees, refugees.
August 24
In this April 19, 2022, file photo, the SpaceX headquarters is shown in Hawthorne, Calif.
August 24

Nordstrom's results reflect cautious consumer spending, echoing department store sector blues

Nordstrom says its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers' cautious spending
August 24
FILE - This photo shows the entrance to a Nordstrom store, Jan. 30, 2023, in Pittsburgh. On Thursday, Aug. 24, Nordstrom reported that its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers' cautious spending. (AP Photo/Gene J. Puskar, File)
August 24

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for October delivery rose 16 cents to $79.05 a barrel Thursday
August 24
August 24

General Motors to close information technology center near Phoenix and eliminate 940 jobs

General Motors says it will close a large computer center near Phoenix at the end of October, eliminating 940 jobs
August 24
FILE - The General Motors logo is seen, Jan. 27, 2020, in Hamtramck, Mich. General Motors said Wednesday, Aug. 23, 2023, that it will close a large computer center near Phoenix at the end of October, eliminating 940 jobs. (AP Photo/Paul Sancya, File)
August 24

General Motors to close information technology center near Phoenix and eliminate 940 jobs

General Motors says it will close a large computer center near Phoenix at the end of October, eliminating 940 jobs
August 24
FILE - The General Motors logo is seen, Jan. 27, 2020, in Hamtramck, Mich. General Motors said Wednesday, Aug. 23, 2023, that it will close a large computer center near Phoenix at the end of October, eliminating 940 jobs. (AP Photo/Paul Sancya, File)
August 24

Fran Drescher says actors strike she's leading is an 'inflection point' that goes beyond Hollywood

Fran Drescher says the strike she's leading as head of the actors union is a huge moment for both Hollywood and the world of work beyond it
August 24
FILE - SAG-AFTRA president Fran Drescher, left, and SAG-AFTRA National Executive Director and Chief Negotiator Duncan Crabtree-Ireland speak during a press conference announcing a strike by The Screen Actors Guild-American Federation of Television and Radio Artists on July, 13, 2023, in Los Angeles. This marks the first time since 1960 that actors and writers will picket film and television productions at the same time. (AP Photo/Chris Pizzello, File)
August 24

A word missing from the Republican presidential debate: 'Recession'

The candidates discussed other economic issues like inflation and U.S. debt.
August 24
Former Governor of Arkansas Asa Hutchinson, former Governor of New Jersey Chris Christie, former Vice President Mike Pence, Florida Governor Ron DeSantis, entrepreneur and author Vivek Ramaswamy, former Governor from South Carolina and UN ambassador Nikki Haley, Senator from South Carolina Tim Scott and North Dakota Governor Doug Burgum, take part in the first Republican Presidential primary debate at the Fiserv Forum in Milwaukee, Aug. 23, 2023.
August 24

Nigeria's unemployment rate falls to 4.1%, using new methodology

Nigeria's statistics agency says the unemployment rate now stands at 4.1%
August 24
FILE - Women and children return from their farmlands after the day's work in Agatu village on the outskirts of Benue State in Nigeria, Wednesday, Jan 5, 2022. Nigeria’s statistics agency on Thursday, Aug. 24, 2023, reported the country’s unemployment rate as 4.1%, the lowest in many years, but one which analysts said was an undercount because of the agency's new methodology. In its new labor force report, the bureau said about three in four working-age Nigerians aged at least 15 were employed in the first quarter of 2023. (AP Photo/ Chinedu Asadu)
August 24

Journalism has seen a substantial rise in philanthropic spending over the past 5 years, a study says

A study points to a “substantial” increase in philanthropic funding for journalism over the past five years, particularly to outlets that serve poor and minority communities
August 24
August 24

Police arrest two men in suspected torching of British pub cherished for its lopsided walls

British police say two men have been arrested on suspicion of burning down an historic English pub that was famous for its lopsided walls and sagging foundation
August 24
FILE - The burnt remains of The Crooked House pub in Himley. England, Aug. 7, 2023. British police said Thursday Aug. 24, 2023, two men have been arrested on suspicion of burning down an historic English pub that was famous for its lopsided walls and sagging foundation. (Jacob King/PA via AP)
August 24

T-Mobile will lay off 5,000 employees in the coming weeks

Wireless carrier T-Mobile plans to cut 5,000 jobs, or about 7% of its workforce
August 24
FILE - The sign for a T-Mobile store is seen, Jan. 30, 2023, in Pittsburgh. T-Mobile plans to cut 5,000 jobs, or about 7% of its workforce, the U.S. wireless carrier announced Thursday, Aug. 24. (AP Photo/Gene J. Puskar, File)
August 24

Petco, Spirit AeroSystems fall; Nvidia, Guess rise, Thursday, 8/24/2023

Stocks that traded heavily or had substantial price changes Thursday: Petco, Spirit AeroSystems fall; Nvidia, Guess rise
August 24
August 24

Average long-term US mortgage rate jumps to 7.23%, highest level since June 2001

The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to prospective homebuyers grappling with rising home prices and a stubbornly low supply of properties on the market
August 24
A sign stands outside a new home for sale Monday, Aug. 21, 2023, in southeast Denver. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
August 24

Companies find digital loopholes in NIL rules to allow direct payments to college athletes

Two years after the NCAA cleared the way for college athletes to earn money off their fame and celebrity, digital technology is allowing some of them to get paid by their fans without having to do very much in return
August 24
FILE - An athlete stands near an NCAA logo during a softball game in Beaumont, Texas, April 19, 2019. Two years after the NCAA cleared the way for college athletes to earn money off their fame and celebrity, digital technology is allowing some of them to get paid by their fans without having to do very much in return. Brent Chapman runs a platform called myNILpay. The app allows fans to choose a college athlete and send them money; the app then sends a notification to the athlete's school email. The athlete fills out a form and the money is then transferred via Venmo or a similar payment method. In exchange, the fan receives a unique computer-generated piece of “art” with the athlete's signature on it. Chapman said that serves as the quid pro quo. (AP Photo/Aaron M. Sprecher, File)
August 24

Fox News reaches 12.8 million viewers for GOP primary debate, despite Donald Trump's absence

Fox News reached an estimated 12.8 million viewers on two television channels and its streaming network for the first GOP presidential primary debate of the 2024 season, even though former President Donald Trump skipped it
August 24
FILE - Republican presidential candidates, from left, former Arkansas Gov. Asa Hutchinson, former New Jersey Gov. Chris Christie, former Vice President Mike Pence, Florida Gov. Ron DeSantis, businessman Vivek Ramaswamy, former U.N. Ambassador Nikki Haley, Sen. Tim Scott, R-S.C., and North Dakota Gov. Doug Burgum stand on stage before a Republican presidential primary debate hosted by FOX News Channel Wednesday, Aug. 23, 2023, in Milwaukee. (AP Photo/Morry Gash, File)
August 24

Fox News reaches 12.8 million viewers for GOP primary debate, despite Donald Trump's absence

Fox News reached an estimated 12.8 million viewers on two television channels and its streaming network for the first GOP presidential primary debate of the 2024 season, even though former President Donald Trump skipped it
August 24
FILE - Republican presidential candidates, from left, former Arkansas Gov. Asa Hutchinson, former New Jersey Gov. Chris Christie, former Vice President Mike Pence, Florida Gov. Ron DeSantis, businessman Vivek Ramaswamy, former U.N. Ambassador Nikki Haley, Sen. Tim Scott, R-S.C., and North Dakota Gov. Doug Burgum stand on stage before a Republican presidential primary debate hosted by FOX News Channel Wednesday, Aug. 23, 2023, in Milwaukee. (AP Photo/Morry Gash, File)
August 24

New gas pipeline rules floated following 2018 blasts in Massachusetts

Federal regulators are proposing a series of rules changes aimed at toughening safety requirements for millions of miles of gas distribution pipelines nationwide following a string of gas explosions in Massachusetts in 2018
August 24
FILE - Firefighters battle a house fire on Herrick Road, Sept. 13, 2018, in North Andover, Mass., one of multiple emergency crews responding to a series of gas explosions and fires triggered by a problem with a gas line that feeds homes in several communities north of Boston. National transportation regulators are proposing a series of proposed rules changes aimed at toughening safety requirements for millions of miles of gas distribution pipelines nationwide. (AP Photo/Mary Schwalm, File)
August 24

Shein and Forever 21 team up in hopes of expanding reach of both fast-fashion retailers

Fast fashion retailers Shein and Forever 21 are going into business together
August 24
FILE - A page from the Shein website is shown in this photo, in New York, Friday, June 23, 2023. Fast fashion retailers Shein and Forever 21 are going into business together. Under a partnership agreement announced Thursday, Aug. 24, 2023 the Chinese-owned Shein will acquire about one-third interest in Sparc Group, Forever 21’s operator. (AP Photo/Richard Drew)
August 24

Norway is rebuilding a reindeer fence at the border to stop the animals' costly strolls into Russia

Norway is rebuilding a dilapidated reindeer fence along its border with Russia in the Arctic to stop the animals from wandering into the neighboring country
August 24
People work to build a new fence along the border with Russia, next to Storskog, Norway, Wednesday Aug. 23, 2023. Norway is re-building a section of fence in the Arctic along its border with Russia to contain wandering reindeer, Norwegian officials said Thursday, adding 42 animals have crossed into its eastern neighbor in a costly stroll this year. (HT Gjerde Finnmark via AP)
August 24

Dollar Tree 2Q results top Street on strong sales, increased traffic at its discount stores

Dollar Tree’s fiscal second-quarter results beat Wall Street’s estimates as the discount retailer experienced strong sales and increased traffic at its stores
August 24
FILE - A clerk brings in a shopping basket at a Dollar Tree store in Richland, Miss., Tuesday, Nov. 26, 2019. Dollar Tree Inc. reports financial results Tuesday, Nov 22, 2022. Dollar Tree’s fiscal second-quarter 2023 results beat Wall Street’s estimates as the discount retailer experienced strong sales and increased traffic at its stores. (AP Photo/Rogelio V. Solis, File)
August 24

France's Macron aims to push economic and immigration reforms despite political challenges

French President Emmanuel Macron is vowing to make key economic, immigration and education reforms
August 24
FILE - France's President Emmanuel Macron talks to journalists during for the third EU-CELAC summit that brings together leaders of the EU and the Community of Latin American and Caribbean States, in Brussels, Belgium, Tuesday, July 18, 2023. French President Emmanuel Macron vowed to make key economic, immigration and education reforms in a push to get through political challenges faced at home, after recent rioting over the death of a teen killed by police and months of mass protests against pension changes. (AP Photo/Geert Vanden Wijngaert, File)
August 24

Support grows for sustainable development, a 'bioeconomy,' in the Amazon

The Brazilian Amazon has long been home to small and mid-sized sustainable businesses that use forest nuts, fruits and other products, and it's an incubator for new ones
August 24
FILE - A rubber tree is prepared for the removal of rubber in the Chico Mendes Extractive Reserve, Acre state, Brazil, Dec. 6, 2022. Among leaders and advocates of the Amazon rainforest region, there's hope for bioeconomy, a term that refers to people making a living from the forest without cutting it down. Examples include Acai fruits, Pirarucu fish and rubber tapping. (AP Photo/Eraldo Peres, File)
August 24

Fall books: Britney and Barbra's memoirs are among major releases, but political books are fewer

Joe Biden and Donald Trump are the most likely nominees for the 2024 presidential election, but you won't see many new books about either this fall
August 24
Top Row from left, “The Future” by Naomi Alderman, "Tremor" by Teju Cole, "The Armor of Light" by Ken Follett, "Devil Makes Three" by Ben Fountain, "The Exchange" by John Grisham, "The Vaster Wilds" by Lauren Groff, "Enough" by Cassidy Hutchinson, "Elon Musk" by Walter Isaacson," "Tired of Winning" by Jonathan Karl., second row from left, "Roman Stories" by Jhumpa Lahiri, "Going Infinite" by Michael Lewis, "Extremely Online" by Taylor Lorenz. "Prequel" by Rachel Maddow, "The Unsettled" by Ayana Mathis, "Touched" by Walter Mosley, "The Vulnerables" by Sigrid Nunez, "America Fantastica" byTim O'Brien, "Worthy" by Jada Pinkett Smith, bottom row from left, "The Fraud by Zadie Smith, "The Woman in Me" by Britney Spears, "If You Would Have Told Me" by John Stamos, "Thank You (Falettinme Be Mice Elf Agin)" by Sly Stone, "My Name is Barbra" by BarbraStreisand, "Scattershot" by Bernie Taupin, "Let Us Descend" by Jesmyn Ward, "Thicker Than Water" by Kerry Washington, and "Being Henry" by Henry Winkler. (AP Photo)
August 24

Uber raises minimum age for most California drivers to 25, saying insurance costs are too high

Uber has raised the minimum age requirement for most new drivers in California to 25
August 24
FILE- An Uber sign is displayed inside a car in Palatine, Ill., Monday, May 22, 2023. The Ride-hailing company Uber announced Aug. 24, 2023, that it will raise the minimum age for drivers who will transport others to 25. (AP Photo/Nam Y. Huh,File)
August 24

Sandwich chain Subway will be sold to Arby's owner Roark Capital

Sandwich chain Subway said Thursday it will be sold to Roark Capital, a private equity firm with expertise in restaurant management
August 24
File - The Subway logo is seen on takeout boxes at a restaurant in Londonderry, N.H., on Feb. 23, 2018. The sandwich chain said Thursday it will be sold to the private equity firm Roark Capital. Terms of the deal weren't disclosed. (AP Photo/Charles Krupa, File)
August 24

Fewer Americans apply for jobless benefits as labor market keeps humming along

Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal
August 24
File - A "Now Hiring" sign is shown at the entrance to a Missouri Department of Corrections prison facility, Thursday, July 13, 2023, in Fulton, Mo. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/David A. Lieb, File)
August 24

Fewer Americans apply for jobless benefits as labor market keeps humming along

Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal
August 24
File - A "Now Hiring" sign is shown at the entrance to a Missouri Department of Corrections prison facility, Thursday, July 13, 2023, in Fulton, Mo. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/David A. Lieb, File)
August 24

Air traffic controllers at Lebanon's only civilian airport to go on strike over staffing shortages

Air traffic controllers at Lebanon’s only civilian airport say they are badly understaffed and are planning to go on strike next month
August 24
August 24

Boeing and a key supplier find a new manufacturing issue that affects the 737 Max airliner

Boeing and a key supplier say that a new manufacturing flaw could delay deliveries of the 737 Max, Boeing’s best-selling plane
August 24
August 24

Regulator's review of over 30 Swiss banks finds shortcomings in money-laundering controls

Switzerland’s financial markets authority says an in-depth review of more than 30 banks conducted this spring found that “a large number” failed to meet basic requirements for analyzing the risk of money laundering
August 24
August 24

Turkey’s central bank unleashes a big interest rate hike in another sign of an economic shift

Turkey’s central bank has raised its key interest rate by an aggressive 7.5 percentage points, in a new sign of a return to more traditional economic policies
August 24
People walk along a street market at Eminonu commercial area in Istanbul, Turkey, Wednesday, Aug. 23, 2023. (AP Photo/Khalil Hamra)
August 24

Turkey's central bank hikes key interest rate to 25% to combat inflation, in a new sign of normalizing economic policy

Turkey's central bank hikes key interest rate to 25% to combat inflation, in a new sign of normalizing economic policy
August 24