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By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks are edging higher on Wall Street, while bond markets around the world feel pain Tuesday after a surprise move from Japan’s central bank cranked up the pressure on an already slowing global economy. The S&P 500 rose 0.1%
Continue ReadingBy Betsy Webster Click here for updates on this story KANSAS CITY, Missouri (KCTV) — The average stay at the Ronald McDonald House in Kansas City is five nights. That just one thing that makes 9-year-old Ethan Frisbie exceptional. He has spent 267 days there. Monday night, he had many reasons to celebrate. “We’re leaving
Continue ReadingBy Matt Egan, CNN Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday for “widespread mismanagement” over multiple years that harmed over 16 million consumer accounts. The Consumer Financial Protection Bureau said Wells Fargo’s “illegal activity” included repeatedly misapplying loan payments, wrongfully foreclosing on homes, illegally repossessing vehicles, incorrectly assessing fees and interest
Continue ReadingBy Ella Nilsen and Peter Valdes-Dapena, CNN The Biden administration on Tuesday finalized tougher pollution standards for heavy-duty vehicles like large trucks, delivery vans and buses starting with model year 2027. The Environmental Protection Agency’s new rule is the first update to the standards since 2001. It will cut down on the smog and soot
Continue ReadingLisa Respers France, CNN Justin Bieber is not a fan of some H&M merchandise bearing his image. The singer posted notes on the Instatstories portion of his verified Instagram account on Monday to disavow some of the company’s items. “I didn’t approve any of the merch collection that they put up at H&M… all without
Continue ReadingBy Daniella Diaz, CNN Incoming House Democratic leader Hakeem Jeffries has appointed Rep. Suzan DelBene of Washington to lead the Democratic Congressional Campaign Committee. Jeffries’ decision, announced Tuesday, was ratified by the full Democratic caucus in a closed-door meeting two days later. In a DCCC statement, Jeffries referred to DelBene as a “battle-tested” lawmaker who
Continue ReadingBy Marianne Garvey, CNN James Gunn is addressing the “disrespectful outcry” from fans over changes in the DC Universe. After the “Guardians of the Galaxy” director became co-CEO of DC Studios with Peter Safran, it was announced a new Superman movie is in the works that will not star Henry Cavill and “Wonder Woman 3”
Continue Reading By KEN SWEET AP Business Writer WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts. The Consumer
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By KEN SWEET AP Business Writer WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts. The Consumer
Continue Reading RAMALLAH, West Bank (AP) — Hundreds of Palestinians, including dozens of masked gunmen firing into the air, took to the streets and stores shuttered across the occupied West Bank to protest the death of a veteran prisoner in Israeli captivity. Palestinian factions had called for the general strike and urged people to confront Israeli troops
Continue Reading NEW YORK (AP) — Stocks are opening mostly lower on Wall Street and bond yields are rising globally after the Bank of Japan surprised investors by raising an upper limit for yields on Japanese government bonds. The move, which amounted to an interest rate increase, sent markets lower in Japan and the rest of Asia
Continue Reading NEW YORK (AP) — Stocks are opening mostly lower on Wall Street and bond yields are rising globally after the Bank of Japan surprised investors by raising an upper limit for yields on Japanese government bonds. The move, which amounted to an interest rate increase, sent markets lower in Japan and the rest of Asia
Continue Reading By JOHN HANNA Associated Press TOPEKA, Kan. (AP) — A Planned Parenthood affiliate says it has started teleconferences with off-site doctors for patients seeking medication abortions at one of its Kansas clinics. Tuesday’s announcement by Planned Parenthood Great Plains is a small step toward potentially much broader access after Kansas voters affirmed abortion rights in
Continue Reading By COLLEEN BARRY and LORNE COOK Associated Press BRESCIA, Italy (AP) — An Italian court had delayed until next month a hearing into whether to hand over to Belgium a woman who is charged along with her parents in an influence-peddling scandal in the European Parliament. Sylvia Panzeri is being sought to face charges of
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By Katie Hunt, CNN The fast-expanding field of ancient DNA, formally known as paleogenetics, came of age in 2022, earning its pioneering scientist Svante Pääbo a Nobel prize for medicine and physiology. Pääbo, the director of the Max Planck Institute for Evolutionary Anthropology in Germany, developed methods to recover, sequence and analyze ancient DNA from
Continue Reading MOSCOW (AP) — An explosion on a section of Europe-bound natural gas pipeline in western Russia has killed three people but hasn’t affected export supplies, officials said. The explosion ripped through a section of the Urengoy-Pomary-Uzhhorod pipeline in the Chuvashia region during repair works on Tuesday. Regional authorities said that three repair workers were killed
Continue ReadingBy Lisa Respers France, CNN Lamar Odom says drugs were his “girlfriend” during his marriage to Khloe Khardashian. The former professional basketball player appears in the special, “TMZ Presents: Lamar Odom: Sex, Drugs & Kardashians.” In the trailer, Odom, who was married to Khardashian from 2009 to 2016, talks to TMZ’s Harvey Levin about his
Continue Reading By JOE McDONALD and MATT OTT AP Business Writers U.S. futures shifted between small gains and losses early Tuesday after the Bank of Japan surprised investors overnight by expanding caps on its 10-year bond yield. The Bank of Japan did not mention inflation in its policy statement, but said the shift is intended to “improve
Continue ReadingBy Anna Bahney, CNN Business Home building pulled back in November, as buyers faced spiking mortgage rates topping 7% that make homes increasingly unaffordable. Rates fell slightly through the month, but are still double what they were a year ago, continuing to put pressure on new home purchases. November housing starts, a measure of new
Continue Reading By Taylor Romine and Jay Croft, CNN A Texas man was charged with felony vandalism with a hate crime allegation after allegedly vandalizing a menorah in California and carving a Nazi symbol into its base, the Los Angeles County District Attorney’s office said Tuesday. Eric Brian King, 47, allegedly threw items at a nine-foot-tall menorah
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