AP National Business

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets rose Friday ahead of a United States job market update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai, Tokyo and Seoul advanced. New York, London and Frankfurt were closed for the Good Friday

By AMANDA SEITZ and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — Most U.S. adults are opposed to proposals that would cut into Medicare or Social Security benefits, and a majority support raising taxes on the nation’s highest earners to keep Medicare running as is. The new findings, revealed in a March poll by The Associated

By JOHN HANNA AP Political Writer TOPEKA, Kan. (AP) — A proposal designed to thwart environmentally and socially conscious investing has cleared the Kansas Legislature but divisions within its GOP majorities kept the measure from being a strong as some conservatives wanted. Lawmakers on Thursday approved a bill that would prevent the state, its pension

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street higher on Friday ahead of a U.S. job market update that traders hope might encourage the Federal Reserve to ease off plans for more interest rate hikes. Shanghai, Tokyo and Seoul gained. Hong Kong and Australian markets were closed for

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — For more than a year, the Federal Reserve’s inflation fighters have been tightening their grip on the American economy with nine straight interest rate hikes. A key goal has been to slow the sizzling pace of hiring to help cool price pressures. So far, the job

By JULIE WATSON and LISA BAUMANN Associated Press SAN DIEGO (AP) — A federal regulatory group voted Thursday to officially close king salmon fishing season along much of the West Coast after near-record low numbers of the fish, also known as chinook, returned to California’s rivers last year. The Pacific Fishery Management Council approved the

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — Samsung Electronics is cutting the production of its computer memory chips in an apparent effort to reduce inventory. The South Korean technology giant disclosed the move while forecasting another quarter of sluggish profit. The company said in a regulatory filing Friday that it has been

By ANDREW SELSKY Associated Press SALEM, Ore. (AP) — The Oregon Legislature has authorized the governor to expand urban growth boundaries to provide land for chipmakers to build factories. It’s an attempt to attract semiconductor companies to Oregon. The bill also provides over $200 million in grants to chipmakers. Lawmakers backing the bill said it’s

By MATTHEW DALY Associated Press WASHINGTON (AP) — Defending his administration’s actions on clean water, President Joe Biden on Thursday vetoed a congressional resolution that would have overturned protections for the nation’s waterways that Republicans have criticized as overly intrusive. Republicans — and some Democrats — targeted an Environmental Protection Agency rule protecting thousands of

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WESTWOOD, Mass. — Chase: Fiscal Q2 Earnings Snapshot

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand its ability to audit high-wealth taxpayers. While some Republicans have suggested without evidence that the

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Costco Wholesale Corp., down $11.15 to $485.98. Investors were disappointed by the warehouse club operator’s March sales report. Levi Strauss & Co., down $2.89 to $15.14. Higher costs weighed on the jeans maker’s first-quarter profit margin. RPM International Inc., down $3.14

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks ticked higher on Wall Street Thursday, offering a quiet end to a shortened trading week dogged by worries about a slowing economy. The S&P 500 rose 14.64 points, or 0.4%, to 4,105.02. It ended with a 0.1% loss for the week, its first down

BOSTON (AP) — Massachusetts gambling regulators have denied a request to allow legal betting on this year’s Boston Marathon, citing concerns by the race’s organizers. All four members of the Massachusetts Gambling Commission who participated in Thursday’s online meeting voted against the request by DraftKings. Commission chair Cathy Judd-Stein shared an email she received Wednesday

The Associated Press Stocks closed slightly higher on Wall Street Thursday in mixed trading after several discouraging reports on the economy slowed stocks’ roll this week. The S&P 500 was 0.4% higher Thursday but down 0.1% for the week. The Dow and Nasdaq also closed modestly higher. The U.S. stock market will be shut in

SAN DIEGO (AP) — SAN DIEGO (AP) — WD-40 Co. (WDFC) on Thursday reported profit of $16.5 million in its fiscal second quarter. On a per-share basis, the San Diego-based company said it had net income of $1.21. The maintenance and cleaning product company posted revenue of $130.2 million in the period. WD-40 expects full-year