[ad_1] FRANKFURT, Germany (AP) — Germany’s economy shrank 0.3% last year as Europe’s former powerhouse struggled with more expensive energy, higher interest rates, lack of skilled labor and a homegrown…
Tag: Associated Press
States With Big Climate Goals Strip Local Power to Block Green Projects
[ad_1] LANSING, Mich. (AP) — Clean energy developers had planned a 75-turbine wind farm in mid-Michigan’s Montcalm County before local voters shot down the idea in 2022 and recalled seven…
Stock Market Today: Wall Street Nears Record as Markets Prep for an Upcoming Inflation Report
[ad_1] NEW YORK (AP) — Wall Street rose Wednesday as traders locked in their final moves ahead of a report on inflation, which could show whether all the excitement that’s…
Stock Market Today: Wall Street Slips as Some of the Prior Day’s Big Moves Unwind
[ad_1] NEW YORK (AP) — Wall Street is slipping Tuesday and giving back some of its big gain from the day before. The S&P 500 was 0.5% lower in early…
Microsoft’s OpenAI Investment Could Trigger EU Merger Review
[ad_1] LONDON (AP) — Microsoft’s multibillion-dollar investment in ChatGPT-maker OpenAI could trigger a European Union merger investigation, the bloc’s executive branch said Tuesday. The European Commission said it’s “checking whether…
Yellen Says 100,000 Firms Have Joined a Business Database Aimed at Unmasking Shell Company Owners
[ad_1] VIENNA, Va. (AP) — Treasury Secretary Janet Yellen announced that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new…
Stock Market Today: Wall Street Rises as Reports Raise Hopes for Perfect Landing for the Economy
[ad_1] NEW YORK (AP) — Wall Street is drifting higher Friday after reports showed a strong job market is giving workers bigger raises, but key parts of the economy still…
PepsiCo Products Are Being Pulled From Some Carrefour Grocery Stores in Europe Over Price Hikes
[ad_1] PARIS (AP) — Global supermarket chain Carrefour will stop selling PepsiCo products in it stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s…
Federal Reserve Minutes: Officials Saw Inflation Cooling but Were Cautious About Timing of Rate Cuts
[ad_1] WASHINGTON (AP) — The Federal Reserve’s policymakers concluded last month that inflationary pressures were easing and that the job market was cooling. In response, the officials chose to leave…
US National Debt Hits Record $34 Trillion as Congress Gears up for Funding Fight
[ad_1] WASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America’s balance sheet…