Europe’s inflation is up after months of decline. Could it delay interest rate cuts?

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FRANKFURT, Germany (AP) — Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines as food prices rose and support...

Stock market today: Wall St. ticks lower ahead of jobs report; inflation in Europe...

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Wall Street edged lower Friday ahead of the release of the December jobs report, which is expected to show that the labor market remained...

Tesla recalls over 1.6 million EVs exported to China to fix automatic steering, door...

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BEIJING (AP) — Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles exported to China for problems with...

Stock market today: Asian shares mostly decline after mixed Wall Street finish

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TOKYO (AP) — Asian shares mostly declined Friday, after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a...

UN economic forecast cites conflicts, sluggish trade, high interest and climate disasters

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UNITED NATIONS (AP) — The United Nations issued a somber global economic forecast for 2024 on Thursday, pointing to challenges from escalating conflicts, sluggish...

Eli Lilly starts website to connect patients with new obesity treatment, Zepbound, other drugs

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Eli Lilly has launched a unique website to connect U.S. patients seeking obesity treatment to doctors, dieticians and its new weight-loss drug, Zepbound.The drugmaker...

Kia EV9, Toyota Prius and Ford Super Duty pickup win 2024 North American SUV,...

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PONTIAC, Mich. (AP) — The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius...

US applications for unemployment benefits fall again as job market continues to show strength

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The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates.Jobless claims...

Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

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Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet.The health care giant said Thursday that...

Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon

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WASHINGTON (AP) — The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second...