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Biden administration delays plans to restock nation's emergency oil reserve

By Matthew Daly, Associated Press

The Energy Department canceled a planned purchase of 6 million barrels for the strategic reserve this week, saying it wants to secure a good deal for taxpayers.

Labor unions in Nigeria protest against soaring cost of living under new president

By Chinedu Asadu, Associated Press

The unions, made up of government workers, on Wednesday accused Nigerian leader Bola Tinubu of not acting fast enough to cushion the effects of his economic policies since he was sworn in as president in May.

U.S. credit rating cut to AA+ by Fitch, citing debt and political divisions

By Christopher Rugaber, Associated Press

Fitch cited the worsening political polarization around spending and tax policy as a key reason for the downgrade.

Michigan court affirms critical benefits for thousands badly injured in car wrecks

By Ed White, Associated Press

For decades, people injured in crashes were entitled to lifetime payment for "all reasonable charges" related to care and rehabilitation. But a new state law that kicked in in 2019 set a fee schedule and a cap on reimbursements.

Musk threatens to sue researchers documenting the rise in hateful tweets

By David Klepper, Associated Press

An attorney for the platform recently wrote to the Center for Countering Digital Hate accusing the group of trying to hurt the site's advertising.

In era of tech disruption and instant gratification, workers say they're pushed to the brink

By Alexandra Olson, Associated Press

Complaints from workers in vastly different industries point to an underlying factor driving a surge of labor unrest: The cost to workers whose jobs have changed drastically as companies scramble to meet customer expectations for speed and convenience in industries…

Biggest apartment construction boom in decades likely to bring renters uneven relief

By Alex Veiga, Associated Press

When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades. But a closer look shows the trend will likely be little comfort…

What to know as recreational marijuana becomes legal in Minnesota in August

By Steve Karnowski, Associated Press

Minnesotans can legally possess and grow their own marijuana for recreational purposes starting Tuesday, Aug. 1, subject to limits meant to keep a lid on things while the state sets up a full-blown legal cannabis industry.

IMF agrees to release $7.5 billion to Argentina as its economy reels from drought

By Associated Press

The International Monetary Fund says it reached an agreement with Argentina that would open the door for the cash-strapped South American country to receive $7.5 billion over the next few months.

An inflation gauge closely tracked by the Fed falls to lowest level in 2 years

By Christopher Rugaber, Associated Press

A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the United States is steadily cooling from its once-painful highs.