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How long can the surge in U.S. consumer spending last despite higher prices?

By Christopher Rugaber, Anne D'Innocenzio, Associated Press

A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that…

WATCH: Biden signs executive order creating rules for artificial intelligence development

By Josh Boak, Matt O'Brien, Associated Press

Before signing the order, Biden said AI is driving change at “warp speed” and carries tremendous potential as well as perils.

General Motors and the United Auto Workers reach tentative agreement after 6-week strike

By Tom Krisher, Frank Bajak, Associated Press

General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, two people briefed on the deal said.

Inflation adds a trick to your Halloween treat shopping

By Dee-Ann Durbin, Associated Press

Spooked by the high price of Halloween candy? There’s not much relief in sight.

After making deals with Ford and Stellantis, UAW escalates strike against lone holdout GM

By Tom Krisher, Frank Bajak, Associated Press

The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis.

U.S. consumers keep spending even in the face of persistent inflation and high interest rates

By Christopher Rugaber, Associated Press

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth.

U.S. expands effort to cut off funding for Hamas

By Danica Kirka, Associated Press

The United States on Friday expanded its effort to cut off funding for Hamas, announcing a second round of sanctions against people and organizations linked to the group since it launched an attack on Israel that killed more than 1,400…

In court, FTX’s Sam Bankman-Fried denies he took customers’ funds but acknowledges that people got hurt

By Ken Sweet, Larry Neumeister, Associated Press

FTX founder Sam Bankman-Fried is testifying at his fraud trial saying he hoped would move the cryptocurrency ecosystem forward but ended up doing the opposite and hurting customers.

AP-NORC poll: Many Americans say their expenses are outpacing earnings this year

By Cora Lewis, Associated Press

For most Americans, household debt has either risen in the last year or has not gone away.

FTX founder Bankman-Fried testifies outside jury’s presence as judge decides what he can say

By Larry Neumeister, Associated Press

Sam Bankman-Fried got a test run at testifying at his New York criminal trial when a judge sent jurors home but let him demonstrate portions of his testimony before deciding what jurors will hear on Friday.