Dec 23 Stocks unsteady on Wall Street amid mixed economy data By Damian J. Troise, Associated Press Stocks are wavering on Wall Street and headed for weekly losses as investors reviewed mixed news on the economy. Continue reading
Dec 23 Commerce Department inflation gauge shows price increases slowing to 5.5 percent By Paul Wiseman, Associated Press A measure of inflation closely watched by the Federal Reserve slowed last month, another sign that a long surge in consumer prices seems to be easing. Continue reading
Dec 22 Watch 3:54 News Wrap: FTX founder charged with fraud released on $250 million bond In our news wrap Thursday, Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was released on $250 million bond as he awaits trial on charges of fraud and money laundering, the U.S. economy is showing more signs of strength despite… Continue watching
Dec 22 Watch 6:36 Small retailers find ways to adapt amid pandemic and online shopping convenience By Paul Solman, Mary Fecteau, Maea Lenei Buhre The COVID-19 pandemic has changed the face of retail in cities across the country with small and independent businesses bearing the brunt of closures. And this winter, many have seen a drop in demand from last year. But owners, and… Continue watching
Dec 22 Inflation is a factor behind an increase in holiday procrastinators this year By Anne D'Innocenzio, Associated Press Inflation is driving many consumers to put off their holiday shopping until the last minute. Continue reading
Dec 22 U.S. economy beat early estimate, grew 3.2 percent in 3rd quarter By Paul Wiseman, Associated Press Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2 percent annual pace from July through September, the government reported Thursday in a healthy upgrade from its earlier estimate of third-quarter growth. Continue reading
Dec 21 FTX founder extradited to U.S. to face charges By Ken Sweet, Associated Press Sam Bankman-Fried told a Bahamian court Wednesday that he has agreed to be extradited to the U.S. to face criminal charges related to the collapse of cryptocurrency exchange FTX. Continue reading
Dec 20 Elon Musk tweets he'll resign as Twitter CEO when he finds a replacement By Associated Press Since taking over San Francisco-based Twitter in late October, Musk’s run as CEO has been marked by quickly issued rules and policies that have often been withdrawn or changed soon after being made public. Continue reading
Dec 20 Watch 5:21 News Wrap: Zelenskyy expected to visit DC on Wednesday In our news wrap Tuesday, Ukraine's President Volodymyr Zelenskyy is expected to make his first overseas visit since the war began to meet with President Biden and address Congress on Wednesday, the Taliban in Afghanistan banned women from public and… Continue watching
Dec 20 As tech advances, converting classic cars to electric grows in popularity By Thomas Peipert, Associated Press A small but expanding group of tinkerers, racers, engineers and entrepreneurs across the country are converting vintage cars and trucks into greener electric vehicles, in part due to recent advances in battery technology. Continue reading