AP National Business

The Associated Press Stocks ended mixed after an uneven day of trading and bond yields fell broadly after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The S&P 500 ended 0.1% lower Thursday. The benchmark index is coming off its second straight monthly gain. A

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Salesforce Inc., down $13.25 to $147.00. Bret Taylor is resigning as as Co-CEO of the customer-management software developer . Synopsys Inc., up $18.30 to $357.84. The maker of software to test and develop chips gave investors a strong profit forecast. Snowflake

By RAF CASERT and FATIMA HUSSEIN Associated Press BRUSSELS (AP) — The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed to keep Russia’s supplies flowing into global markets while clamping down on President Vladimir Putin’s ability to fund

By STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — The Environmental Protection Agency has proposed increasing ethanol and other biofuels that must be blended into the nation’s fuel supplies over the next three years. Thursday’s announcement was welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups. The proposal also includes

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Donald Trump’s company “cultivated a culture of fraud and deception” by lavishing luxe perks on executives and falsifying records to hide the compensation, a prosecutor told jurors Thursday during closing arguments at the Trump Organization’s criminal tax fraud trial. Assistant Manhattan District Attorney Joshua Steinglass’

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers A day of wobbly trading on Wall Street ended Thursday with a mixed finish for stocks and bond yields broadly lower after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The muted action came as

WARSAW, Poland (AP) — Poland’s culture authorities say a painting by Wassily Kandinsky that was auctioned in Germany for almost 390,000 euros belongs to Poland, where it was stolen in 1984. They threaten legal steps. Kandinsky’s 1928 composition “Untitled” sold Thursday at the Grisebach auctioneers in Berlin. Poland’s Ministry of Culture and National Heritage along

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Austan Goolsbee, who was a top economic adviser to President Barack Obama, has been chosen as the next president of the Federal Reserve Bank of Chicago, the regional Fed bank announced. Goolsbee, 53, an economics professor at the University of Chicago who is a frequent commentator

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stock indexes on Wall Street are mixed in uneven trading Thursday and bond yields are broadly lower after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The S&P 500 edged up 0.1% as of 3

By KEVIN FREKING and JOSH FUNK Associated Press WASHINGTON (AP) — The Senate moved quickly Thursday to avert a rail strike that the Biden administration and business leaders warned would have had devastating consequences for the nation’s economy. The Senate passed a bill to bind rail companies and workers to a proposed settlement that was

SOMERVILLE, Mass. (AP) — The Prince and Princess of Wales got a first-hand look at some groundbreaking innovations during a visit to a green technology startup incubator in suburban Boston. The royal couple’s visit comes as they look to foster new ways to address climate change. Hundreds of cheering onlookers welcomed William and Kate as

By DANIELLA MATAR AP Sports Writer MILAN (AP) — Juventus’ off-the-field problems keep on worsening in a scandal reverberating through Italian soccer. UEFA has opened an investigation into Juventus. That comes hours after it was revealed that the Turin prosecutor’s office had requested indictments for former president Andrea Agnelli and 10 other former board members

By GILLIAN FLACCUS Associated Press PORTLAND, Ore. (AP) — Voters in Oregon passed one of the nation’s toughest gun control laws, but the new permit-to-purchase mandate is facing a legal challenge with days to go before it takes effect. A federal judge in Portland will hear oral arguments about whether to put a hold on

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Efforts to restructure some $9 billion in debt held by Puerto Rico’s power company have hit a new snag following multiple failed attempts to end its bankruptcy. Officials had until Thursday to submit a new proposal on how to cut the Electric Power Authority’s

By KEVIN FREKING and JOSH FUNK Associated Press WASHINGTON (AP) — The Biden administration is saying the U.S. economy would face a severe economic shock if senators don’t pass legislation this week to avert a freight rail worker strike. The administration is delivering that message personally to Democratic senators in a closed-door session Thursday. Labor

By MARK KENNEDY AP Entertainment Writer NEW YORK (AP) — If you’ve ever had trouble solving a Rubik’s Cube, a good piece of advice is to break it down into steps. It’s worth a shot: That advice is from the man who invented it. “Problem solving is a very basic activity of the human mind

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Closing arguments at the Trump Organization’s criminal tax fraud trial got off to a rocky start Thursday as a lawyer for the company was caught showing jurors portions of witness testimony that had previously been stricken from the official court record. Prosecutors objected to the

By MATT OTT AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate ticked down for the third week in a row and have fallen more than a half-point since hitting a 20-year high less than a month ago. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A House investigations panel says financial technology firms “abdicated” their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open and keep workers employed during the pandemic. The House Select Subcommittee on the Coronavirus Crisis launched its investigation in

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks fell in uneven trading on Wall Street Thursday and bond yields pulled back after the government reported that a measure of inflation that’s closely watched by the Federal Reserve eased in October. The S&P 500 slipped 0.1% as of 1:49 p.m. Eastern. There were