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The Associated Press Stocks are edging mostly higher on Wall Street in early trading as investors study more moves by central banks a day after the Federal Reserve of the U.S. announced an acceleration of its pullback of economic stimulus as it pivots to fighting inflation. The S&P 500 rose 0.1%, enough to get it

By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — New home construction in the U.S. rebounded 11.8% in November, as strong demand continues to boost builder confidence even with the slower winter season approaching. The double-digit percentage increase last month left home construction at a seasonally adjusted annual rate of 1.68 million units,

DHAKA, Bangladesh (AP) — Bangladesh has marked 50 years of victory over Pakistan in a bloody war for independence by hosting a military parade with the Indian president as a guest of honor. On Dec. 16, 1971, Pakistani soldiers surrendered to a joint India-Bangladesh force, formally making Bangladesh a new nation under the leadership of

By MARCELA ISAZA AP Entertainment Writer LOS ANGELES (AP) — Bay Area-rapper Saweetie wants to win a Grammy for the West Coast. Nominated for best new artist and best rap song, the icy queen with the sharp lyrics has taken the rap game by storm and has been named one of the Associated Press’ Breakthrough

By MARGERY A. BECK and MARGARET STAFFORD Associated Press OMAHA, Neb. (AP) — Authorities say one person has died as a powerful storm system swept across the Great Plains and Midwest amid unseasonably warm temperatures, bringing hurricane-force wind gusts and spawning reported tornadoes in Nebraska, Iowa and Minnesota. It’s a weather outbreak that experts described

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — US industrial production increased 0.5% in November as output at the nation’s factories reached the highest level since January 2019. The November gain followed an even larger 1.7% increase in October which had represented a rebound following a 1% drop in production in September, the Federal

By LOLITA C. BALDOR Associated Press WASHINGTON (AP) — The Army says 98% of its active duty force had gotten at least one dose of the mandatory coronavirus vaccine as of this week’s deadline for the shots. But the Army also said Thursday more than 3,800 soldiers flatly refused and could start being removed from

By AAMER MADHANI Associated Press WASHINGTON (AP) — The Biden administration is imposing new sanctions on several Chinese biotech and surveillance companies and government entities for actions in Xinjiang province. It’s the latest step against Beijing over human rights abuses of Uyghur Muslims in the country’s western region. The Commerce Department is targeting China’s Academy

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week despite signs that the U.S. labor market is rebounding from last year’s coronavirus recession. Jobless claims were up by 18,000 to a 206,000, still low by historical standards. The four-week average, which smooths out week-to-week