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Emma Stone won, but Lily Gladstone didn't lose
LOS ANGELES (AP) — The Academy Awards were full of sure-things, long-awaited anointments and easy predictions. The "Oppenheimer" romp. Ryan Gosling's Ken stealing the show. That put even more focus on the category that was hardest to call: best a...
Biden administration would cap credit card late fees at $8, part of campaign against junk fees
WASHINGTON (AP) — The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 b...
Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto
NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging. The world's largest cryptocurrency jumped 4% this week and b...
Houthi missile attack kills two crew members in Yemen rebels' first fatal assault on shipping
DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed two of its crew members and forced survivors to abandon the vessel on Wednesday, officials said, in the first fatal strike in...
Fed's Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed's 2% target. P...
Trillions of gallons leak from aging drinking water systems, further stressing shrinking US cities
Trillions of gallons are lost from aging drinking water systems across the U.S., underscoring an economic and public health reckoning after decades of deferred maintenance and disinvestment that leave some communities struggling to provide reliable...
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
OMAHA, Neb. (AP) — Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he's received the credit for leading and warned shareholders in his annual letter Satur...
Hungary's parliament ratifies Sweden's NATO bid, clearing the final obstacle to membership
BUDAPEST, Hungary (AP) — Hungary's parliament voted Monday to ratify Sweden's bid to join NATO, ending more than 18 months of delays that frustrated the alliance as it sought to expand in response to Russia's war in Ukraine. The vote, which passed w...
What recession? Professional forecasters raise expectations for US economy in 2024
NEW YORK (AP) — This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2% this year after adjusting for i...
Alabama hospital puts pause on IVF in wake of ruling saying frozen embryos are children
MONTGOMERY, Ala. (AP) — A large Alabama hospital has paused in vitro fertilization treatments Wednesday as health care providers weigh the impact of a state court ruling that frozen embryos are the legal equivalent of children. The University of Alab...
Donald Trump fraud verdict: $364 million penalty in New York civil case
NEW YORK (AP) — A New York judge ruled Friday against Donald Trump, imposing a $364 million penalty over what the judge ruled was a yearslong scheme to dupe banks and others with financial statements that inflated the former president's wealth. T...
Trump avoids 'corporate death penalty' in civil fraud case, but his business will still get slammed
NEW YORK (AP) — Donald Trump won't face the corporate death penalty after all. A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures t...
Former Bank of China chairman indicted for bribery in nation's long-running anticorruption drive
BEIJING (AP) — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping's yearslong a...
US inflation slows but remains elevated in sign that price pressures are easing only gradually
WASHINGTON (AP) — Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control. Tuesday's report from the Labor D...
Mexico overtakes China as the leading source of goods imported by US
WASHINGTON (AP) — For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. effor...
The US didn't just avoid a recession - it's adding hundreds of thousands of new jobs
WASHINGTON (AP) — The nation's employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy's continuing ability to shrug off the highest interest rates in two decades. Friday's govern...
Controversial podcast host Joe Rogan signs a new deal with Spotify for up to a reported $250 million
NEW YORK (AP) — Spotify has penned a new multi-year partnership deal with controversial podcast host Joe Rogan, whose enormously popular show will soon also be available on competing platforms, including YouTube and Apple Podcasts. Spotify a...
As investors pile into psychedelics, idealism gives way to pharma economics
Money is pouring into the fledgling psychedelic medicine industry, with dozens of startup companies vying to be among the first to sell mind-expanding drugs for depression, addiction and other mental health conditions. While psychedelics are still...
A court rejected Elon Musk's $55.8B pay package. What is he worth to Tesla?
Even when compared with other CEOs, who routinely get paid roughly 200 times more than their typical employees, Elon Musk's pay package was eye-opening. A judge in Delaware on Tuesday struck down the package that Tesla established for Musk in 2018,...
PGA Tour strikes $3 billion deal with Fenway-led investment group. Players to get equity ownership
PEBBLE BEACH, Calif. (AP) — The PGA Tour is getting a $3 billion investment from Strategic Sports Group in a deal announced Wednesday that would give players access to more than $1.5 billion as equity owners in the new PGA Tour Enterprises. The launc...
Powell: Federal Reserve is on track to cut rates, though not likely for months
WASHINGTON (AP) — Interest rate cuts are coming. Just not yet. The Federal Reserve delivered that message Wednesday, first in a policy statement and then in a news conference at which Chair Jerome Powell reinforced it. The Fed did signal that it's n...
Auto dealers up campaign urging Biden administration to halt EPA tailpipe emission limits regulation
DETROIT (AP) — More than 4,700 auto dealerships across the United States urged President Joe Biden in a letter Thursday to halt the Environmental Protection Agency's efforts to enforce stricter vehicle-pollution standards. The missive comes just week...
A British painting stolen by mobsters is returned to the owner's son - 54 years later
An 18th century British painting stolen by New Jersey mobsters in 1969 has been returned more than a half-century later to the family that bought it for $7,500 during the Great Depression, the FBI's Salt Lake City field office announced Friday. The...
US pauses funding to UN agency for Palestinians after claims staffers were involved in Hamas attack
DEIR AL-BALAH, Gaza Strip (AP) — The U.N. agency for Palestinian refugees fired a number of its staffers in Gaza suspected of taking part in the Oct. 7 attack by Hamas and other militants on southern Israel, its director said Friday, prompting the U...
UN: Global trade is being disrupted by Red Sea attacks, war in Ukraine and low water in Panama Canal
UNITED NATIONS (AP) — The U.N. trade body sounded an alarm Thursday that global trade is being disrupted by attacks in the Red Sea, the war in Ukraine, and low water levels in the Panama Canal. Jan Hoffmann, a trade expert at the United Nations C...
