AP National Business

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is drifting Tuesday, with stocks and bonds making only modest moves ahead of reports later in the week with the potential to move markets. The S&P 500 was 0.2% higher in quiet, afternoon trading. The Dow Jones Industrial Average was up 159 points,

By PAUL WISEMAN and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The outlook for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks. That’s the view of the International Monetary Fund, which has downgraded its outlook

By ALICIA RANCILIO Associated Press Picture May 17, 2001. In the final seconds of the season seven finale of “Friends,” Jennifer Aniston’s Rachel reveals she’s pregnant — but who’s the father? This was a classic May sweeps cliffhanger, luring viewers and reaping advertising dollars for NBC. Most shows used to kick off in the fall,

BY MATT O’BRIEN AP Technology Writer President Joe Biden’s administration wants stronger measures to test the safety of artificial intelligence tools such as ChatGPT before they are publicly released, though it hasn’t decided if the government will have a role in doing the vetting. The U.S. Commerce Department on Tuesday said it will spend the

By TOM KRISHER, MATTHEW DALY and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in 10 U.S. adults are at least somewhat likely to switch, but the

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary has signed new agreements to ensure its continued access to Russian energy. The move is a sign of continuing diplomatic and trade ties with Moscow that have confounded some European leaders amid the war in Ukraine. Speaking at a news briefing in Moscow, Hungarian Foreign

By The Associated Press Moderna shares slipped Tuesday morning after the COVID-19 vaccine developer said its potential flu vaccine needs more study in a late-stage clinical trial. The company said an independent data and safety monitory board found that the potential vaccine “did not meet the statistical threshold necessary to declare early success” in the

BUCHAREST, Romania (AP) — Romania’s top defense body has approved buying an unspecified number of American-made F-35 fighter jets, as the NATO-member state pushes to modernize its air force. The office of President Klaus Iohannis, who chaired a Supreme Council of National Defense meeting in the capital Bucharest on Tuesday, said members of the council

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street was somewhat subdued Tuesday ahead of several reports this week that could help the Federal Reserve determine whether its interest rate increases have further tempered four-decade high inflation. Futures for the S&P 500 Dow Jones Industrial Average were each up less than 0.1% before

By TOM KRISHER, MATTHEW DALY and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in 10 U.S. adults are at least somewhat likely to switch, but the

By TOM KRISHER, MATTHEW DALY and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in 10 U.S. adults are at least somewhat likely to switch, but the

By SAM MEDNICK Associated Press DAKAR, Senegal (AP) — A risk management company says pirates have boarded a Chinese-run oil tanker in West Africa’s Gulf of Guinea. A senior analyst with London-based EOS Risk Group told The Associated Press on Tuesday that pirates got on the Success 9 approximately 300 nautical miles southwest of Ivory

RICHMOND, Va. — CarMax: Fiscal Q4 Earnings Snapshot

By ALANA BENSON of NerdWallet Investing in the stock market isn’t the only thing that may bring a financial return: Studies have found that seeking help from a therapist may lead to financial benefits. If you’re struggling with anxiety, it may feel too intimidating to learn about stocks, bonds and mutual funds. If you’re dealing

By MAE ANDERSON and ANNE D’INNOCENZIO AP Business Writers NEW YORK (AP) — When Nat West, owner of cider-making company Reverend Nat’s Hard Cider, decided to supplement his wholesale business by opening a taproom in a bustling neighborhood in Portland, Oregon, he thought getting financing would be a breeze. After all, he was only seeking

By ELAINE KURTENBACH AP Business Writer Stocks were mostly higher in Europe and Asia on Tuesday ahead of the release this week of U.S. consumer inflation data. Recent reports on the U.S. economy have reinforced expectations the Federal Reserve may tap the brakes again on business activity by raising interest rates. On Wednesday, the U.S.

By JAMEY KEATEN Associated Press GENEVA (AP) — Switzerland’s parliament has opened a special session to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS. Lawmakers on Tuesday also are considering strengthening the legal arsenal to better gird against financial blowups. The legislative debate could run up to three days, with lawmakers

DUBAI, United Arab Emirates (AP) — Oman’s second-largest bank is pursuing a potential merger with its smaller rival, potentially creating a lender with just under $20 billion in assets. That’s according to regulatory filings made on Tuesday. The filings on the Muscat Stock Exchange show Bank Dhofar’s interest in its smaller rival, Ahli Bank. Bank

By TOM KRISHER, MATTHEW DALY and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in 10 U.S. adults are at least somewhat likely to switch, but the