AP National Business

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Growth in U.S. manufacturing slowed in December to an 11-month low as companies continued to combat supply chain problems.The Institute for Supply Management, a trade group of purchasing managers, reported Tuesday that its index of manufacturing activity fell to a reading of 58.7 in December, 2.4

By DAMIAN J. TROISE AP Business Writer Stocks edged higher in morning trading on Wall Street Tuesday as traders gear up for economic reports and company earnings to resume after the year-end holidays. The S&P 500 rose 0.3%, the Dow Jones Industrial Average rose 0.8%. The Nasdaq fell 0.7% on weakness in some big technology

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Growth in U.S. manufacturing slowed in December as companies continued to combat supply chain problems. The Institute for Supply Management, a trade group of purchasing managers, reported Tuesday that its index of manufacturing activity fell to a reading of 58.7 in December compared to a reading

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession. The Labor Department also reported Tuesday that employers posted 10.6 million job openings in

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries have decided to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the omicron variant of COVID-19. The 23-member OPEC+ alliance led by oil cartel member

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president has sacked a government minister after he criticized a now-abandoned government decision to ban chemical fertilizers. President Gotabaya Rajapaksa’s office says education minister Susil Premajayantha was dismissed with immediate effect. It did not give a reason for his removal. Premajayanta said on

The Associated Press Stocks are off to a mostly higher start on Wall Street as traders gear up for economic reports and company earnings to resume after the year-end holidays. The S&P 500 was up 0.4% in the early going Tuesday. Weakness in some big technology companies held the Nasdaq to a gain of less

By TOM KRISHER AP Auto Writer DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020′s dismal numbers, but were still about 2 million below the years before the coronavirus pandemic. The problem isn’t consumer demand. It’s low vehicle supplies caused by the global shortage of computer chips. Sales hit just over

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries have decided to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the omicron variant of COVID-19. The 23-member OPEC+ alliance led by oil cartel member

WARSAW, Poland (AP) — Miners employed by Poland’s largest coal company are blocking deliveries of the fossil fuel to power plants to demand higher pay to keep pace with surging consumer prices. Protesters on Tuesday are stopping trains leaving the Halemba mine and other mines of the Polish Coalmining Group in the southern Silesia region.

By TOM KRISHER AP Auto Writer DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020′s dismal numbers, but forecasters expect them to be more than 2 million below the years before the coronavirus pandemic. The problem isn’t consumer demand. It’s low vehicle supplies caused by the global shortage of computer chips.

By NICOLE WINFIELD Associated Press ROME (AP) — Italy has set Jan. 24 as the start date to begin voting for a new Italian president. The announcement Tuesday by the lower chamber of parliament officially kicks off a campaign that is expected to see Premier Mario Draghi and ex-Premier Silvio Berlusconi vie for the prestigious

NEW YORK (AP) — The extensive catalog of David Bowie, stretching from the late 1960s to just before his death in 2016, has been sold to Warner Chappell Music. More than 400 songs, among them “Space Oddity,” “Ziggy Stardust,” and “Let’s Dance” are included. Financial details of the sale were not released. Warner Chapell is

The Associated Press NEW YORK (AP) — Pivotal songs and albums from David Bowie’s rich and renowned catalog include “Space Oddity,” “Heroes” and “Let’s Dance.”

Doctors say Brazilian President Jair Bolsonaro doesn’t require surgery for an intestinal obstruction. The medical team caring for him at a Sao Paulo hospital said in a statement Tuesday that Bolsonaro’s intestinal obstruction had been resolved without providing details. The president will begin a liquid diet and there isn’t yet an expected date for his

BRUSSELS (AP) — The NATO alliance will hold a virtual meeting of foreign ministers from the 30 member nations on Friday to assess the situation in Ukraine and upcoming talks with Russia. The extraordinary meeting of the alliance members announced Tuesday will kick off a week of intense diplomacy over Russia’s buildup on Ukraine’s borders

By KEN MORITSUGU Associated Press BEIJING (AP) — Residents of the Chinese city of Xi’an are enduring a strict coronavirus lockdown, with business owners suffering yet more closures and some people complaining of difficulties finding food. That’s despite assurances from authorities that they are able to provide necessities for the 13 million people largely confined

By LAURA MCMULLEN of NerdWallet This year, dedicate a financial account to goods, services and activities that bring you joy. Perhaps this fund would cover monthly massages or weekly smoothies, or it could be used to save up for a vacation. Ideally, earmarking money specifically for these kinds of expenses empowers you to spend on

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries are expected to press ahead with restoring cutbacks in output made during the depths of the coronavirus pandemic. It comes as hopes grow that travel and demand for fuel will hold up despite the rapid spread of the omicron variant.