AP National Business

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Last year, Lucila Gomez and her husband started their holiday shopping around Thanksgiving and wrapped it up a week before Christmas, spending $750 on tablets and clothing for their three children and relatives. This year? Gomez is waiting until she gets her annual bonus on

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares were mixed Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation by raising interest rates. Germany’s DAX edged 0.1% lower to 14,081.26. The CAC 40 in

By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — South Korea’s spy agency says North Korean hackers have stolen an estimated 1.5 trillion won ($1.2 billion) in cryptocurrency and other virtual assets in the past five years, more than half of it this year alone. North Korea is believed to have turned to illegal

By SABINA NIKSIC Associated Press ZAGREB, Croatia (AP) — More than nine years after Croatia became the European Union’s newest member, the country is on a roll to make the most of its status as the EU member in the Balkans. Croatia is adopting the EU’s common currency, the euro, and joining the Schengen Area,

By CIARÁN GILES Associated Press MADRID (AP) — Spain kicked off the winter holidays with its huge Christmas lottery known as “El Gordo,” and an unemployed Peruvian woman was among the winners of The Fat One’s top 400,000-euro ($425,000) prize Thursday. The winning ticket number was announced in Madrid’s Teatro Real opera theater, where the

BERLIN (AP) — The German government says it has nationalized energy company Uniper after the European Union gave its blessing for it to rescue the gas supplier. The government announced its plan to nationalize Uniper in September, expanding state intervention in the energy sector to prevent a shortage resulting from Russia’s war in Ukraine. The

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan has adopted a new policy promoting greater use of nuclear energy to ensure stable power supply amid global fuel shortages and to reduce carbon emissions, in a major reversal of its phase-out plan following the Fukushima crisis. The new policy says Japan must maximize the use

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan has adopted a new policy promoting greater use of nuclear energy to ensure stable power supply amid global fuel shortages and to reduce carbon emissions — a major reversal of its phase-out plan since the Fukushima crisis. The new policy says Japan must maximize the use

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares advanced in Asia on Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation by raising interest rates. Hong Kong’s Hang Seng jumped 2.8% and benchmarks also rose

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — An IRS policy governing the audits of tax returns filed by U.S. presidents is under new scrutiny after a report published by a congressional panel found the agency failed to perform the mandatory inspection of Donald Trump’s returns until Congress pressed for information about the process. The

By KEN SWEET, REBECCA BLACKWELL and LARRY NEUMEISTER Associated Press NEW YORK (AP) — Two of Sam Bankman-Fried’s top associates secretly pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX and are cooperating with investigators, a federal prosecutor announced Wednesday as the digital coin entrepreneur was being flown in FBI custody

By JONATHAN MATTISE Associated Press NASHVILLE, Tenn. (AP) — The U.S. Senate has confirmed six long-waiting nominees by President Joe Biden to the board of the nation’s largest public utility, establishing a new majority with Biden’s picks. Tennessee Valley Authority spokesperson Ashton Davies said the Senate confirmed the six by unanimous consent Wednesday. The nine-member

By WAYNE PARRY Associated Press Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs. The subscription video streaming company will pay $55 million for a 292-acre site on the former Fort Monmouth

By KEN SWEET and REBECCA BLACKWELL The Associated Press NASSAU, Bahamas (AP) — Bahamian authorities said Wednesday that former FTX CEO Sam Bankman-Fried has been extradited to the United States, where he faces criminal charges related to the collapse of the cryptocurrency exchange. Bahamas’s attorney general’s office said that Bankman-Fried would be leaving for the

The Associated Press Stocks rose on Wall Street, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected. That’s despite the Federal Reserve’s campaign to fight inflation by reining in the economy with sharp increases in interest rates. The Dow Jones Industrial

By STEPHEN GROVES Associated Press SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem says a recent review of the state’s investment portfolio found the state did not hold any direct investments in China. But South Dakota has stakes in several emerging market funds that invest in the Asian economic power. The Republican governor

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Nike Inc., up $12.57 to $115.78. The athletic apparel maker reported strong fiscal second-quarter financial results. FedEx Corp., up $5.64 to $169.99. The package delivery company’s fiscal second-quarter earnings beat Wall Street forecasts. Pebblebrook Hotel Trust, down $1.23 to $13.20. The

By SCOTT SONNER Associated Press RENO, Nev. (AP) — Just days after U.S. wildlife officials declared a Nevada wildflower endangered at the site of a proposed lithium mine, federal land managers are initiating a review of the latest project plans the developer says will allow the mine and flower to co-exist. The Interior Department’s Bureau