News

By STAN CHOE and PAUL WISEMAN Associated Press NEW YORK (AP) — The stock market is losing crucial support from the Federal Reserve. Omicron is causing havoc at businesses around the world. And Russia just might be preparing to invade Ukraine. These are just some of the uncertainties leading investors to sell stocks. The S&P

By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is pledging to chat more with everyday Americans and followed through Tuesday by visiting a gift shop and ice cream store in Washington’s Capitol Hill neighborhood. Biden went shopping at Honey Made. It’s a boutique that opened up last year amid the pandemic. The

By BEN FOX Associated Press WASHINGTON (AP) — Extremist groups in the United States appear to increasingly view attacking the power grid as a means of disrupting the country, according to a government report aimed at law enforcement agencies and utility operators. Domestic extremists “have developed credible, specific plans to attack electricity infrastructure since at

By MATT O’BRIEN AP Technology Writer Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at home. The Redmond, Washington company on Tuesday reported fiscal second-quarter profit of $18.8 billion. It posted revenue of $51.7 billion for the October-December period,

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Nvidia, General Electric fall; IBM, American Express rise.

By DAVID BAUDER AP Media Writer NEW YORK (AP) — It’s Neil Young versus Joe Rogan for the allegiance of Spotify. Or is it? The veteran rocker fired off a public missive to his management on Monday demanding that they remove his music from the popular streaming service in protest over Rogan’s popular podcast spreading

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed lower on Wall Street Tuesday after another volatile day of trading. Technology companies like Microsoft were again the biggest drag on the market. The S&P 500 gave up 1.2%, but clawed back much of a midday drop after being down as much as

By DEE-ANN DURBIN AP Business Writer The Biden administration has officially withdrawn a rule that would have required workers at big companies to get vaccinated or face regular COVID testing requirements. The Occupational Safety and Health Administration confirmed the withdrawal Tuesday. But the agency says it still strongly encourages vaccination of workers. OSHA announced a

SAN SALVADOR, El Salvador (AP) — The International Monetary Fund wants El Salvador to drop the highly volatile cryptocurrency Bitcoin as legal tender and strictly regulate the electronic wallet the government has pushed adoption of across the country. The global lender said in a statement on Tuesday that its board urged El Salvador to remove