AP National Business

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Cryptocurrency entrepreneur Sam Bankman-Fried walked out of a Manhattan courthouse Thursday with his parents after they agreed to sign a $250 million bond and keep him at their California home while he awaits trial on charges that he swindled investors and looted customer deposits on his

By TOM KRISHER AP Auto Writer The U.S. government’s highway safety agency said Thursday it will send a team to investigate a Thanksgiving Day pileup on the San Francisco-Oakland Bay Bridge involving a Tesla that may have been using the company’s “Full Self-Driving” software. The National Highway Traffic Safety Administration said Thursday that it sent

By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — The House has taken action after disclosures the IRS never fully reviewed Donald Trump’s tax returns during his presidency. The Democratic-controlled House has passed a bill that would require audits of any president’s income tax filings. The legislation would turn what had been a long-standing post-Watergate

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Wall Street is falling sharply Thursday, giving back its gains from the last two days, after better-than-expected data on the economy fueled worries about higher interest rates. Usually good news on the economy would be good for markets, particularly when worries about a potential

By KEVIN FREKING Associated Press WASHINGTON (AP) — The Senate appeared back on track Thursday to pass a $1.7 trillion bill to finance federal agencies through September and provide roughly $45 billion in military and economic assistance to Ukraine after lawmakers reached agreement on a final series of votes. Senate Majority Leader Chuck Schumer announced

By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla Inc. is offering rare discounts through year’s end on its two top-selling models, an indication that demand is slowing for its electric vehicles. The Austin, Texas, company started offering a $3,750 incentive on its Model 3 sedan and Model Y SUV on its website earlier

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Wall Street is falling Thursday, giving back its gains from the last two days, after better-than-expected data on the economy fueled worries about higher interest rates. Usually good news on the economy would be good for markets, particularly when worries about a potential recession

NEW YORK (AP) — Stocks are opening lower on Wall Street, giving back a good chunk of the gains they made a day earlier. The early losses put most major US indexes back in the red for the week. The S&P 500 lost 1.2% early Thursday and the Nasdaq composite gave back 1.8%. The Dow

By HEATHER HOLLINGSWORTH and JILL BLEED Associated Press MISSION, Kan. (AP) — Temperatures plunged far and fast Thursday as a winter storm formed ahead of Christmas weekend, promising heavy snow, ice, flooding and powerful winds across a broad swath of the country and complicating holiday travel. The National Weather Service reported that temperatures across the

By ANDREW SELSKY Associated Press DAMASCUS, Oregon (AP) — At a woodsy retreat center in Oregon, some 30 men and women are seated or lying down, masks covering their eyes and listening to serene music. They are among the first crop of students being trained how to accompany patients tripping on psilocybin, as Oregon prepares

By LARRY NEUMEISTER Associated Press NEW YORK (AP) — The cryptocurrency entrepreneur Sam Bankman-Fried was expected to make his initial U.S. court appearance Thursday on charges that he swindled investors and looted customer deposits on his FTX trading platform. Bankman-Fried, arrested in the Bahamas last week, was flown to New York late Wednesday after deciding

By SUMAN NAISHADHAM Associated Press WASHINGTON (AP) — Forest carbon credits are promises that companies, individuals and governments can buy to counteract their emissions by paying to plant or protect trees. Trees store carbon in their tissue, which means that the taller and healthier a tree grows, the more carbon it can store. Soils and

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September, the government reported Thursday in a healthy upgrade from its earlier estimate of third-quarter growth. The rise in gross domestic product — the

By MATT OTT AP Business Writer WASHINGTON (AP) — Slightly more Americans filed for unemployment benefits last week as the labor market continues to show strength even as the Federal Reserve has tried for nearly a year to slow the economy by raising its main lending rate. The Labor Department reported Thursday that applications for

By ED DAVEY SAN MARTIN, Peru (AP) — Rolando Zumba, a gentle 59-year-old, wept, though the moment he described took place many years ago. Nothing has been the same since that day, when a park ranger took away his hunting rifles. Now where there was once self-sufficiency, hunger has stalked his village. Zumba’s story has

By ELAINE KURTENBACH and MATT OTT AP Business Writers Markets on Wall Street trended modestly lower before the bell early Thursday as the last economic reports of the year trickle in, including a final reading on inflation, which has dogged the the U.S. economy for nearly two years. Futures for the S&P 500 and the

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan has adopted a plan to extend the lifespan of nuclear reactors, replace the old and even build new ones. That’s a major shift in a country scarred by the Fukushima disaster that once planned to phase out atomic power. In the face of global fuel shortages,

SOFIA, Bulgaria (AP) — Bulgaria’s only nuclear plant has signed a deal with Westinghouse Electric Sweden to provide nuclear fuel for one of its reactors, in a bid to diversify its energy supplies. The Kozloduy plant currently uses nuclear fuel supplied by Russian firm Rosatom to operate the two Russian-designed VVER-1000 nuclear reactors that generate

BRUSSELS (AP) — The European Court of Justice says online retail giant Amazon may be in breach of luxury shoemaker Christian Louboutin’s trademark rights over the sale of counterfeit red-soled high-heeled shoes on its platform. Third-party sellers on Amazon regularly advertise red-soled shoes, and Louboutin brought cases against Amazon in Belgium and Luxembourg arguing that