AP National Business

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Secretary Janet Yellen is telling Congress that the Treasury Department will likely exhaust all of its “extraordinary measures” to avoid an unprecedented default on the government’s obligations by Oct. 18. Yellen warned Congress three weeks ago that the Treasury would run out of maneuvering room by

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — China gave significantly less aid to Pacific island nations in recent years despite Beijing’s diplomatic efforts to increase its influence in the region, according to a Sydney-based think tank. Chinese aid to the Pacific shrank by a 31% in 2019 to $169 million, the Lowy Institute

By MAE ANDERSON and DAVID KOENIG AP Business Writers NEW YORK (AP) — Businesses that have announced vaccine mandates say some workers who had been on the fence have since gotten inoculated against COVID-19. But many holdouts remain — a likely sign of what is to come once a federal mandate goes into effect. Even

LONDON (AP) — In a story published Sept. 26 about gasoline shortages in Britain, The Associated Press erroneously reported that Ruby McGregor-Smith is president of the Confederation of British Industry. She is president of the British Chambers of Commerce.

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Secretary Janet Yellen is telling Congress that the Treasury Department will likely exhaust all of its “extraordinary measures” to avoid an unprecedented default on the government’s obligations by Oct. 18. Yellen warned Congress three weeks ago that the Treasury would run out of maneuvering room by

The Associated Press Stocks are opening lower on Wall Street Tuesday, led by more declines in Big Tech companies. The S&P 500 fell 0.8% and the tech-heavy Nasdaq gave up 1.4%. Microsoft, Google’s parent company and Facebook were all down about 2%. The weakness in tech came as bond yields continued to march higher, which

By JILL LAWLESS Associated Press LONDON (AP) — Britain’s transport minister says there are “tentative signs” a fuel-supply crisis snarling the country is easing, but it will be a while before the situation returns to normal. He urged people on Tuesday not to hoard gasoline, calling it “dangerous and extremely unhelpful.” Many gas stations around

By COLLEEN BARRY Associated Press MILAN (AP) — Youth climate activists Vanessa Nakate and Greta Thunberg have chastized global leaders for failing to meet funding pledges to fight climate change and for delivering too much “blah blah blah’’ as climate change wreaks havoc around the world. Four hundred climate activists from 180 countries were invited

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. home prices soared in July from a year earlier by a record amount as buyers desperate for homes bid up prices amid a limited supply of available properties. The S&P CoreLogic Case-Shiller 20-city home price index surged 19.9% in July compared with a year ago,

LONDON (AP) — In a story published Sept. 26 about gasoline shortages in Britain, The Associated Press erroneously reported that Ruby McGregor-Smith is president of the Confederation of British Industry. She is president of the British Chambers of Commerce.

By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — Albania’s prime minister has complained about the delay in the launch of his country’s membership negotiations with the European Union, saying Bulgaria’s veto is holding the process hostage. Edi Rama spoke at a news conference Tuesday with European Commission chief Ursula von der Leyen, who is

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The OPEC cartel is laying out the future of oil _ and saying crude will still be the world’s leading source of energy for decades to come. The Vienna-based organization said that it inherently supports efforts to reduce the amount of carbon from fossil fuels

By AMY BETH HANSON Associated Press CHESTER, Mont. (AP) — A 911 call over the weekend about an Amtrak train that derailed in rural Montana, killing three people and injuring dozens of others, set off a chain reaction of help from residents in nearby towns. People jumped into action to get passengers off the train

AMMAN, Jordan (AP) — Jordan’s official news agency says the country’s national airline will resume direct flights to Syria’s capital Damascus on Oct. 3. The announcement Tuesday comes nearly a decade after Royal Jordanian flights were suspended because of the war in Syria. It’s the latest sign of thawing relations between the two neighbors. The

NICOSIA, Cyprus (AP) — The European Union’s home affairs commissioner says the 27-member bloc stands firm on its regime of sanctions against Belarus’ authoritarian president who’s “pushing” migrants into the EU out of “desperation.” EU commissioner Ylva  Johansson said Tuesday that President Alexander Lukashenko “can’t really deal” with the sanctions and is bringing migrants into

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors, a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving. Earlier, Toyota bought CARMERA Inc., a U.S. venture that specializes in sophisticated road mapping updates. It has

PARIS (AP) — French drugmaker Sanofi says it is shelving plans for a COVID-19 vaccine based on messenger RNA despite positive results from early stage testing. The Paris-based company said it will continue to develop another vaccine candidate that is already undergoing late stage human trials. That vaccine, being developed with Britain’s GlaxoSmithKline, uses a

By EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — The operator of an oil tanker seized by Indonesian authorities at the request of Cambodia is protesting the detention of its crew, calling it a human rights violation. World Tankers Management, the Singapore-based operator of the MT Strovolos, says the crew members, who have been detained

By GEIR MOULSON Associated Press BERLIN (AP) — Pressure is growing for a quick start to talks on Germany’s next government as newly elected lawmakers hold their first meetings and tensions simmer in outgoing Chancellor Angela Merkel’s bloc, which declined to its worst-ever result in the country’s election. The narrow winners of Sunday’s parliamentary election,

By LAURA MCMULLEN of NerdWallet Emotions influence our decisions, including whether or not we should buy something. And these are emotional times, given the prolonged pandemic and upcoming holidays. To manage your feelings while shopping, financial therapists recommend spending time away from a potential purchase before making a decision. When you’re not in the middle