AP National Business

By LAURAN NEERGAARD and MATTHEW PERRONE Associated Press WASHINGTON (AP) — U.S. health advisers are deliberating whether kid-size doses of Pfizer’s COVID-19 vaccine are safe and effective in young children. Tuesday’s meeting of the Food and Drug Administration panel is the first step toward expanding vaccinations to 28 million young children ages 5 to 11.

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks held on to modest gains on Wall Street Tuesday, pushing the S&P 500 and the Dow Jones Industrial Average further into record heights. The S&P 500 added 0.2% and the Dow edged up less than 0.1%. The Nasdaq also rose less than 0.1%. Solid

By PAN PYLAS Associated Press LONDON (AP) — Britain’s Treasury chief is set to deliver his first budget statement since the Conservative government lifted most coronavirus restrictions across the U.K. On Wednesday Rishi Sunak is likely to use one of the most high-profile events in the country’s political calendar to paint a relatively rosy picture

By REBECCA BOONE and KEITH RIDLER Associated Press BOISE, Idaho (AP) — Idaho police say they exchanged gunfire with a suspect during a shooting at a shopping mall in Boise that killed two people and injured four, including an officer. Boise Police Chief Ryan Lee told reporters the shooting was reported Monday afternoon. When officers

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. home prices jumped in August by a near-record amount from a year earlier, as Americans eager to buy a home drove up prices on a dwindling number of properties. The S&P CoreLogic Case-Shiller 20-city home price index soared 19.7% in August compared with a year

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — The daily number of COVID-19 deaths in Russia has reached another high amid a surge in infections that forced the Kremlin to order most Russians to stay off work starting this week. Sluggish vaccination rates have allowed the coronavirus to spread quickly across Eastern Europe. Ukraine and

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong will tighten COVID-19 restrictions despite its lack of outbreaks to align with China’s policies and increase chances of quarantine-free travel between the territory and mainland. Hong Kong has not had a major outbreak in months while remaining largely closed to international travel. Leader Carrie

ATLANTA (AP) — UPS’ third-quarter results beat analysts’ expectations, as consumers are paying higher rates to have the package delivery company fulfill their shipping needs. Shares rose 5% before the market open on Tuesday. Revenue for the Atlanta-based company improved to $23.18 billion from $21.24 billion. This topped the $22.61 billion that analysts predicted. In

By LISA MASCARO, DARLENE SUPERVILLE and ALAN FRAM Associated Press WASHINGTON (AP) — The Democrats’ idea for a new billionaires’ tax to help pay for President Joe Biden’s social services and climate change plan is quickly running into criticism. Some Democratic lawmakers view it as too cumbersome and prefer the original plan of simply raising

By AMRITA JAYAKUMAR of NerdWallet Caregiving for your parents and figuring out what happens to your finances when you die are things no one wants to think about until they have to. But planning for them now can spare you and your loved ones a lot of hassle later on. The pandemic may have forced

SEOUL, South Korea (AP) — Samsung’s de facto chief Lee Jae-yong has been fined 70 million won, or about $60,000, for illegally using the anesthetic drug propofol. Tuesday’s ruling came about two months after Lee was released on parole over a separate corruption case. The Seoul Central District Court said it convicted Lee, vice chairman

By DAVID KOENIG AP Airlines Writer Ordinary Americans and the nation’s airlines are combining to donate miles and cash to help Afghan refugees resettle in the United States. Organizers said Tuesday they have raised enough donations pay for 40,000 flights, but they’re hoping to nearly double that amount. The flights generally carry Afghans from temporary

ATLANTA (AP) — United Parcel Service Inc. on Tuesday reported third-quarter profit of $2.33 billion. On a per-share basis, the Atlanta-based company said it had profit of $2.65. Earnings, adjusted for non-recurring costs, were $2.71 per share. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares are mostly higher after another rally to record highs on Wall Street. European shares are rising in early trading and U.S. futures also gained. Japan’s Nikkei 225 benchmark finished higher. Shares fell in China, but gained in South Korea and were little changed in

By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — EU ministers have held emergency talks focused on energy that didn’t produce immediate results amid divisions between the 27 member countries on how to tackle a crunch that has seen consumers’ bills skyrocket this year. Most member states agree tax cuts, state aid and other measures put

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The Netherlands’ biggest pension fund says it will stop investing in companies that produce fossil fuels. The ABP fund said Tuesday that the move was prompted by recent climate reports by the United Nations and International Energy Agency.  Members of the fund have long called

By MARCY GORDON AP Business Writer WASHINGTON (AP) — The leaders of a Senate panel have called executives from YouTube, TikTok and Snapchat to face questions on what the companies are doing to ensure young users’ safety. The hearing Tuesday comes as the panel bears down on hugely popular social media platforms and their impact

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong will tighten COVID-19 restrictions despite its lack of outbreaks to align with China’s policies and increase chances of quarantine-free travel between the territory and mainland. Hong Kong has not had a major outbreak in months while remaining largely closed to international travel. Leader Carrie