AP National Business

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks slipped on Wall Street Thursday as markets remain choppy amid uncertainty about where inflation, interest rates and the global economy are heading. The S&P 500 fell 0.6%, on pace for its fifth drop in the last six days. It marks another

By ZEKE MILLER Associated Press WASHINGTON (AP) — The Centers for Disease Control and Prevention is developing guidance that will ease the nationwide mask mandate for public transit next month. That’s according to a U.S. official. But the existing face covering requirement will be extended through April 18. The mask requirement had been set to

CHICAGO (AP) — United Airlines is bringing back workers who were put on unpaid leave for refusing to get vaccinated against COVID-19. The airline told employees Thursday that workers who claimed a medical or religious exemption from the vaccines will be allowed back starting March 28. The company’s vice president of human relations says United

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — The decision to sanction Roman Abramovich and freeze his assets has left Chelsea to continue playing only with the approval of the British government under special conditions. The 55-year-old Abramovich is among seven wealthy Russians punished by Boris Johnson’s administration on Thursday for their close

ST. LOUIS (AP) — Gyo Obata, an architect whose designs included sports and entertainment arenas, airports and a presidential library, has died. His family says Obata died Tuesday in St. Louis at age 99. A cause of death was not announced. Obata was born in 1923 in San Francisco and earned a master’s degree at

By GEOFF MULVIHILL and JENNIFER PELTZ Associated Press NEW YORK (AP) — Victims of opioids and those who have lost loved ones to the addiction crisis are unleashing their emotions on members of the family they blame for fueling the deadly epidemic. Thursday’s unusual hearing is being conducted virtually in U.S. Bankruptcy Court in New

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks slipped on Wall Street Thursday as markets remain choppy amid uncertainty about where inflation, interest rates and the global economy are heading. The S&P 500 slumped 1.2%, on pace for its fifth drop in the last six days. It marks another reversal for U.S.

By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week but remain at historically low levels, just as the Federal Reserve prepares to raise its main borrowing rate. The average rate on a 30-year loan rose to 3.85% this week from 3.76% last week, mortgage buyer Freddie Mac

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Would-be homeowners are increasingly opting to pay sellers more than their asking price in hopes of edging out rivals as heightened competition for the few homes on the market fuels bidding wars. A greater share of homes sold above asking price in January — 52%

NEW YORK (AP) — Wall Street is off to a weak start Thursday, giving back some of the sizable gains it made a day earlier, as oil prices turned higher again. A report on U.S. consumer inflation came in at another 40-year high last month, but that doesn’t yet reflect the huge increase in energy

By GLENN GAMBOA AP Business Writer NEW YORK (AP) — This year’s Love Rocks, which takes place at The Beacon Theatre in Manhattan Thursday night, boasts enormous star power – including headliners Melissa Etheridge, Keith Richards, with his “other” band The X-Pensive Winos, Mavis Staples, and others. But for Karen Pearl, God’s Love We Deliver’s

By MATT OTT AP Business Writer WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to the low, pre-pandemic levels before 2020′s coronavirus recession. Jobless claims rose by 11,000 to 227,000 for the week ending March 5, the Labor Department reported Thursday. The previous week’s number was 216,000.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come. The increase reported by the Labor Department reflected the 12 months ending in

By The Associated Press The European Central Bank says it will make an early exit from its economic stimulus efforts as it combats record inflation. The move Thursday was a tough choice because the invasion also has exposed Europe to a potential hit to economic growth. But the bank chose higher inflation as the bigger

By JULHAS ALAM Associated Press DHAKA, Bangladesh (AP) — A U.N. official says the crisis in Ukraine and Russia, one of the world’s main sources of grain, fertilizers and energy, is presenting new challenges in securing food supplies on top of a prolonged pandemic. Gabriel Ferrero de Loma-Osorio, head of the Committee on World Food

NEW YORK (AP) — Wall Street pointed toward a lower open on Thursday after oil prices recovered some of a decline the day before that had eased inflation fears. Futures for Wall Street’s benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.8% as Russian attacks on Ukraine intensified. Markets rallied Wednesday

By AMANDA SEITZ Associated Press WASHINGTON (AP) — Social media users are suggesting soaring fuel prices in the U.S. are part of a government scheme to get drivers into electric vehicles. The conspiracy theory posts are spreading across Facebook, Twitter and Instagram. The posts ignore that rising gas prices are actually the result of increased

By AMANDA BARROSO of NerdWallet Mapping out planned expenses like vacations, holiday gifts and membership renewals in advance gives you time to save in smaller chunks. “Sinking” your funds into buckets created for each savings goal is one way to avoid feeling overwhelmed as the deadline approaches. Once you set your deadline for a particular

By The Associated Press Sanctions are hitting Russia’s economy hard. The ruble is plunging, and major foreign companies are fleeing. There’s little question Russia will see a hit to economic growth, while ordinary people are going to see higher prices on top of already high inflation. Yet the longer-term prospects are uncertain, and forecasts vary