Business News 

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U.S. Consumers Spent Slightly More in August

U.S. Consumers Spent Slightly More in August

Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials.

September 30th, 2:30 PM EDT
Former eBay Execs Get Prison Time for Bizarre Harassment Scheme

Former eBay Execs Get Prison Time for Bizarre Harassment Scheme

A former eBay executive was sentenced on Thursday to almost five years in prison for leading a scheme to terrorize the creators of an online newsletter.

September 30th, 12:22 PM EDT
Wall Street Drifts at Close of Dismal Week, Month, Quarter

Wall Street Drifts at Close of Dismal Week, Month, Quarter

Wall Street is drifting around its lowest levels in almost two years Friday as the end nears for what’s been a miserable month for markets around the world.

September 30th, 11:46 AM EDT
US Jobless Claims Fall to Lowest Since April

US Jobless Claims Fall to Lowest Since April

A year ago this week, 376,000 people applied for benefits.

September 29th, 2:40 PM EDT
US Economy Drops at 0.6% Annual Rate from April Through June

US Economy Drops at 0.6% Annual Rate from April Through June

Thursday's report was the Commerce Department's third and final take on second-quarter growth.

September 29th, 1:38 PM EDT
US Mortage Rates Jump to 6.7%, Hitting Highest Level Since 2007

US Mortage Rates Jump to 6.7%, Hitting Highest Level Since 2007

Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate climbed to 6.70% from 6.29% last week.

September 29th, 1:10 PM EDT

More from AP Business 

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Newsom relaxes refinery rules as California gas prices soar

Newsom relaxes refinery rules as California gas prices soar

California Gov. Gavin Newsom has called on state regulators to relax rules on oil refineries in an effort to lower soaring fuel prices.

21 hrs 25 mins ago
US judge dismisses Mexico lawsuit against gun manufacturers

US judge dismisses Mexico lawsuit against gun manufacturers

A United States federal judge has dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers that argued their commercial practices has led to bloodshed in Mexico.

19 hrs 25 mins ago
Supply chain issues could slow fix of Florida electric grid

Supply chain issues could slow fix of Florida electric grid

Crews are starting to fix Florida's electric grid by repairing and rebuilding where lines were damaged or flooded by Hurricane Ian.

20 hrs 40 mins ago
West rejects Putin's claim it sabotaged Baltic gas pipelines

West rejects Putin's claim it sabotaged Baltic gas pipelines

The explosions that rocked natural gas pipelines under the Baltic Sea ahead of huge methane leaks “probably corresponded to an explosive load of several hundred kilos (pounds),” Denmark and Sweden wrote Friday in a letter to the United Nations.

September 30th, 8:43 AM EDT
Launch aborted on Firefly's 2nd attempt with Alpha rocket

Launch aborted on Firefly's 2nd attempt with Alpha rocket

A year after its first rocket launch failed, a new aerospace company has been unsuccessful in its second attempt to place multiple satellites into orbit.

September 30th, 4:43 AM EDT
Stocks end September down 9.3%, worst month since March 2020

Stocks end September down 9.3%, worst month since March 2020

Global stocks are mixed after inflation in Germany and other countries that use Europe’s euro currency spiked to a record and Chinese factory activity weakened.

September 30th, 6:03 AM EDT
Pay bumps coming for more farmworkers, long denied overtime

Pay bumps coming for more farmworkers, long denied overtime

Harvest season means long days for U.S. farmworkers — but usually no overtime pay.

23 hrs ago
Hack puts Latin American security agencies on edge

Hack puts Latin American security agencies on edge

A massive trove of emails from Mexico’s Defense Department is among electronic communications taken by hackers from military and police security institutions in several Latin American countries.

September 30th, 3:14 PM EDT

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