AP National Business

By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — Despite a long night of frantic negotiations, Democrats remain unable to reach an immediate deal to salvage President Joe Biden’s $3.5 trillion government overhaul, forcing leaders to call off promised votes on a related public works bill. Action is to resume Friday. Speaker Nancy Pelosi had

By AYA BATRAWY and ISABEL DEBRE Associated Press DUBAI, United Arab Emirates (AP) — After eight years of planning and billions of dollars in spending, the Middle East’s first ever World Fair opens in Dubai. The emirate hopes the months-long extravaganza that opens to the public Friday draws both visitors and global attention, and as

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — The leader of Australia’s most populous state has quit as premier after an anti-corruption watchdog revealed it is investigating her over a secret relationship with a former lawmaker. New South Wales Premier Gladys Berejiklian said she was left no option while the Independent Commission Against Corruption

By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — Despite a long night of frantic negotiations, Democrats remain unable to reach an immediate deal to salvage President Joe Biden’s $3.5 trillion government overhaul, forcing leaders to call off promised votes on a related public works bill. Action is to resume Friday. Speaker Nancy Pelosi had

By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — Despite a long night of frantic negotiations, Democrats remain unable to reach an immediate deal to salvage President Joe Biden’s $3.5 trillion government overhaul, forcing leaders to call off promised votes on a related public works bill. Action is to resume Friday. Speaker Nancy Pelosi had

By SAMY MAGDY Associated Press CAIRO (AP) — The head of the World Bank has discussed Sudan’s daunting economic challenges with the country’s transitional government. David Malpass is in Khartoum in the first visit by a World Bank president to the African nation in around 50 years. He met on Thursday with the Sudanese premier

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Tokyo’s train stations were packed with commuters Friday morning as Japan fully came out of a coronavirus state of emergency for the first time in more than six months. The country has started gradually easing virus measures to help rejuvenate the pandemic-hit economy as infections slowed. Emergency

By ALAN SUDERMAN, FRANK BAJAK and RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider machinations linked to a employee of the nonprofit

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka has lifted a six-week national lockdown as COVID-19 cases and deaths decline but movement restrictions remain in place. The lockdown was imposed Aug 20 and then extended three times as Sri Lanka grappled with an unprecedented surge of COVID-19 cases and deaths since

By ANNE D’INNOCENZIO AP Retail Writer EAST RUTHERFORD, N.J. (AP) — If you build it during a pandemic, will they still come? American Dream put that to the test when it opened the new luxury shopping wing of its megamall in September featuring Saks Fifth Avenue, Dolce & Gabbana, Hermes and other luxury stores, along

By REGINA GARCIA CANO and JORGE RUEDA Associated Press CARACAS, Venezuela (AP) — A new currency with six fewer zeros is debuting in Venezuela, whose currency has been made nearly worthless by years of the world’s worst inflation. But the new bills were difficult to find Friday in Caracas, where consumers’ fears that prices will

By ELAINE KURTENBACH AP Business Writer Shortages of power, computer chips and other parts, soaring shipping costs and shutdowns of factories to battle the pandemic are taking a toll on Asian economies. Data released Thursday showed Japan’s factory output slowed while China’s manufacturing outlook weakened. Japan’s Suzuki Motor Corp. became the latest automaker to idle

By ELAINE KURTENBACH AP Business Writer Asian markets have tumbled on the tail of Wall Street’s worst monthly loss since the beginning of the pandemic. Tokyo skidded 2.3% and Australia’s benchmark sank 2.2%. Markets in Shanghai and Hong Kong were closed for holidays. The S&P 500 ended September down 4.8%, its first monthly drop since

A quarterly survey by the Bank of Japan shows sentiment among manufacturers at its highest level in nearly three years. The results of the central bank’s “tankan” survey found sentiment among large manufacturers rose to 18 from 14. The reading for nonmanufacturers edged up only slightly, to 2 from 1. The world’s third-largest economy was

WASHINGTON (AP) — Average long-term mortgage rates jumped this week as the benchmark 30-year loan edged over 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage increased to 3.01% from 2.88% last week. The rate for a 15-year loan advanced to 2.28% from 2.15% last week. A factor in

By JOHN SEEWER Associated Press Foxconn Technology Group has struck a deal to buy a massive auto assembly plant in Ohio from a startup electric truck maker. The agreement announced Thursday gives the world’s largest electronics maker an entry into the growing electric vehicle market. Foxconn is best known for making Apple iPhones but has

By KEVIN FREKING Associated Press WASHINGTON (AP) — With only hours to spare, President Joe Biden signed legislation to avoid a partial federal shutdown and keep the government funded through Dec. 3. Congress had passed the bill earlier Thursday. The legislation averts one crisis, but efforts to stave off a second crisis seem likely to

By TALI ARBEL AP Technology Writer The hedge-fund billionaire and Milwaukee Bucks co-owner who was named chairman of embattled media organization Ozy earlier this month has resigned from its board. Marc Lasry issued a statement Thursday that he cannot continue since Ozy now requires experience in areas like crisis management and investigations, where he does

By RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — The Biden administration is putting final touches on long-sought consumer protections against so-called “surprise” medical bills. The ban on charges that hit insured patients at some of life’s most vulnerable moments is on track to take effect Jan. 1. Patients will no longer have to worry about

By KEN SWEET AP Business Writer WASHINGTON (AP) — The Senate has narrowly approved President Joe Biden’s pick to run the Consumer Financial Protection Bureau, giving the bureau a director who is likely to embrace an aggressive “watchdog” role. Rohit Chopra’s nomination was approved 50-48, with Vice President Kamala Harris earlier having to cast a