The Associated Press
Business News
Why renewable energy is essential to curbing climate change
The need to transition to renewable energy is becoming more urgent, experts say.
April 20, 2022Inflation in Turkey soars to eye-popping near 70% in April
Official data show that inflation in Turkey has soared to nearly 70% in April, as skyrocketing prices eat away at earnings and put even basic necessities out of reach for many households
May 05, 2022US added 428,000 jobs in April despite surging inflation
The figure extending a streak of solid hiring.
May 06, 2022
Latest Business Video
Latest Business Video
Latest Business Headlines
May 19
Asian shares track Wall Street's inflation-fueled retreat
Shares are sharply lower in Asia after a broad retreat on Wall Street
May 19
May 19
Biden invokes Defense Production Act for formula shortage
President Joe Biden has invoked the Defense Production Act to speed production of infant formula and has authorized flights to import supply from overseas
May 19
May 18
EXPLAINER: Why is Wall Street close to a bear market?
The bears are rumbling toward Wall Street
May 18
May 18
Stocks fall sharply as Target's woes renew inflation fears
Shares are sharply lower in Asia after a broad retreat on Wall Street
May 18
May 18
Japan records trade deficit as imports surge on energy costs
Japan has recorded a trade deficit in April as imports ballooned 28% as energy prices soared while the yen remained weak
May 18
May 18
Biden invokes Defense Production Act for formula shortage
President Joe Biden has invoked the Defense Production Act to speed production of infant formula and has authorized flights to import supply from overseas
May 18
May 18
Big dreams for new Warner Bros. Discovery in ad presentation
In what was essentially the company's public debut, executives at the new Warner Bros
May 18
May 18
'Pharma Bro' Shkreli freed from prison for halfway house
Convicted pharmaceutical executive Martin Shkreli has been freed from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating investors in a drug company
May 18
May 18
Target feels inflation's sting in first quarter, shares slip
The pandemic vastly changed the way Americans spend money and now as they return to pre-pandemic behavior, they’re tripping up retailers again
May 18
May 18
Moms seeking formula tire of those who say, just breastfeed
Some U.S. moms looking for baby formula that is in short supply are dealing with another layer of stress — people asking why they don't just breastfeed
May 18
May 18
EU rushes out $300 billion roadmap to ditch Russian energy
The European Union’s executive arm is moving to jump-start plans for the EU to abandon Russian energy amid the Kremlin’s war in Ukraine
May 18
May 18
Court: Some rail rate talks allowed in price-fixing suits
A federal appeals court has ruled that details of some of the conversations between the nation’s four largest railroads about their rates can now be included in lawsuits challenging billions of dollars they charged their customers
May 18
May 18
Buffalo shooting sparks criticism of tech platforms over content moderation
The attack spurred fears over the monitoring of livestreams and radicalization.
May 18
May 18
Federal agency sends team to probe Tesla crash that killed 3
The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a Tesla involved in a California crash that killed three people was operating on a partially automated driving system
May 18
May 18
Dow plunges amid weak earnings reports from retailers
Walmart, Target, Lowe’s and other retailers reported weaker-than-expected earnings this week, prompting a stock market sell-off.
May 18
May 18
How major US stock indexes fared Wednesday
Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering U.S. companies
May 18
May 18
Target, Lowe's fall; TJX, Agilysys rise
Stocks that traded heavily or had substantial price changes Wednesday: Target, Lowe’s fall; TJX, Agilysys rise
May 18
May 18
Stocks end 4% lower on Wall Street as Target's profit plunge renews fears that inflation is hurting U.S. companies
Stocks end 4% lower on Wall Street as Target's profit plunge renews fears that inflation is hurting U.S. companies
May 18
May 18
Cardinal: Pope ordered auditor to resign over spying charge
A Vatican cardinal has shed light on a scandal that had sparked questions about the Vatican’s commitment to financial transparency and accountability
May 18
May 18
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 18
May 18
Martin Shkreli, infamous 'Pharma Bro,' released from prison early
The former pharmaceutical head was slammed for raising the cost of an HIV drug.
May 18
May 18
A third of US should be considering masks, officials say
COVID-19 cases are increasing in the United States – and could get even worse over the coming months, federal health officials warned in urging areas hardest hit to consider reissuing calls for indoor masking
May 18
May 18
4 EU nations to harness North Sea wind for green transition
Four EU countries plan to speed up the continent’s green transition and help wean it off Russian energy imports through a large new project to build wind farms in the North Sea
May 18
May 18
Dow sinks 1,000 points, or 3.2%, as dismal results from Target renew fears that inflation is battering companies
Dow sinks 1,000 points, or 3.2%, as dismal results from Target renew fears that inflation is battering companies
May 18
May 18
Davos returns from pandemic with Ukraine, climate in mind
After a nearly 2-1/2-year hiatus, the Swiss town of Davos is set to again host global elites from business, government and activist groups for the World Economic Forum
May 18
May 18
Qatar to boost investment in Spain by $4.9 billion
Qatar has committed to investing 4.7 billion euros ($4.9 billion) in Spain as the European country launches an economic overhaul with its share of European Union pandemic recovery funds
May 18
May 18
UN drops forecast for global economic growth in 2022 to 3.1%
The United Nations is significantly lowering its forecast for global economic growth this year from 4% to 3.1%
May 18
May 18
NATO talks with Finland, Sweden falter but will continue
NATO diplomats say national envoys have failed to reach a consensus about whether to start membership talks with Finland and Sweden
May 18
May 18
With Roe in doubt, some fear tech surveillance of pregnancy
Companies that collect data from the digital clues people leave online often know their most sensitive health information _ gleaned from web searches, health apps and location trackers
May 18
May 18
Green options transforming a wedding industry prone to waste
Brides and grooms who want more sustainable options for their weddings are transforming an industry traditionally fraught with waste
May 18
May 18
US, banks unveil plan to ease food crisis from Russia's war
Ahead of the G7 finance ministers’ meetings, the U.S. Treasury, several global development banks and other groups have unveiled a multi-billion dollar plan meant to address a worldwide food security crisis exacerbated by Russia’s war in Ukraine
May 18
May 18
UK inflation hits 40-year high amid Russia's war in Ukraine
Britain’s inflation rate has risen to the highest level in 40 years as Russia's war in Ukraine fueled further increases in food and fuel prices
May 18
May 18
Europe's push to cut Russian gas faces a race against winter
Europeans are basking in the warmth of spring, but their governments are in a race against winter
May 18
May 17
World shares advance despite losses on Wall Street
Asian stock markets are mixed after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation
May 17
May 17
Flight attendants' union supports Frontier-Spirit merger
The biggest U.S. union for flight attendants is backing Frontier Airlines' bid to buy Spirit Airlines
May 17
May 17
Global pollution kills 9 million people a year, study finds
A new study says pollution of all types is killing 9 million people a year
May 17
May 17
Nearly 43,000 people died on US roads last year, agency says
Nearly 43,000 people were killed on U.S. roads last year
May 17
May 17
House Dems propose $28 million to address formula shortage
House Democrats have unveiled a $28 million emergency spending bill to address the shortage of infant formula in the United States
May 17
May 17
Environmentalists oppose more life for California nuke plant
Dozens of environmental and anti-nuclear organizations are opposing any attempt to extend the operating life of California's last running nuclear power plant
May 17
May 17
Powell: Fed to keep hiking rates until it controls inflation
Chair Jerome Powell has underscored the Federal Reserve’s determination to keep raising interest rates until it has brought inflation under control
May 17
May 17
How major US stock indexes fared Tuesday
Stocks rose steadily throughout the day and ended with broad gains as traders got back to buying again after a mostly miserable few weeks on Wall Street
May 17
May 17
United Airlines, Abbott rise; Walmart, Fluor fall
Stocks that traded heavily or had substantial price changes Tuesday: United Airlines, Abbott rise; Walmart, Fluor fall
May 17
May 17
Live updates | Ukraine official: 7 killed in Donetsk region
Ukrainian officials say seven civilians have been killed in Ukraine’s eastern Donetsk region as a result of Russian attacks
May 17
May 17
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 17
May 17
AP Exclusive: Black Lives Matter has $42 million in assets
A new, 63-page IRS tax filing shared exclusively with The Associated Press shows the Black Lives Matter Global Network Foundation Inc. ended its last fiscal year with nearly $42 million in net assets
May 17
May 17
Carnage, livestreamed: Tech platforms' role in mass killings
These days, mass shooters don’t stop with planning out their physical attacks.
May 17
May 17
FAA to let United use jets grounded after engine failure
Federal safety officials are moving to let United Airlines resume using about 50 planes that have been grounded since the engine of one of them blew apart over Denver last year
May 17
May 17
UK raises stakes in EU feud with threat to break Brexit deal
The British government says it will pass a law to scrap parts of the trade treaty it signed with the European Union less than two years ago
May 17
May 17
Walmart profit hit as inflation afflicts low-wage earners
Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain
May 17
May 17
Retail sales rise 0.9% in April as consumers show resilience
U.S. retail sales rose 0.9% in April, a solid increase that underscores Americans’ ability to keep ramping up spending even as inflation persists at nearly a 40-year high
May 17