AP National Business

By SAMUEL PETREQUIN and RAF CASERT Associated Press BRUSSELS (AP) — European Union leaders struggled to find immediate practical solutions at their summit called to grapple with the energy crisis fueled by the war in Ukraine and maintain a united front in the face of Russian President Vladimir Putin coercion. After lengthy talks in Brussels

By TOM HAYS Associated Press NEW YORK (AP) — Former Treasury Secretary Steven Mnuchin has testified as a defense witness at the New York City trial of a Donald Trump ally. Mnuchin was called to the stand Thursday by lawyers for Tom Barrack, the onetime chair of the Trump’s inaugural committee. The 75-year-old Barrack is

By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks are down and bond yields are climbing in afternoon trading Thursday, as traders monitor the latest batch of corporate earnings reports for clues as to how companies are navigating rising interest rates and the highest inflation in decades. The S&P 500 fell 0.9% as

By CHRIS MEGERIAN Associated Press PHILADELPHIA (AP) — President Joe Biden is trying to provide a boost to Pennsylvania Democrat John Fetterman’s campaign for the Senate. Biden’s daylong visit to the state includes a fundraiser and an official stop showcasing his administration’s efforts to revitalize the nation’s roadways. The president delivered remarks Thursday and toured

By TERRY WALLACE and ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Free-speech advocates asked the Supreme Court on Thursday to overturn a federal appeals court ruling that upheld an Arkansas law requiring state contractors to pledge not to boycott Israel. Contractors that don’t sign the pledge must reduce their fees by 20%. Republican

TALLAHASSEE, Fla. (AP) — The Florida Legislature will hold a special session before the end of the year to consider providing property tax relief for people and businesses whose property was destroyed by Hurricane Ian. Republican Gov. Ron DeSantis made the announcement Thursday on hard-hit Sanibel Island. DeSantis also has signed an executive order extending

By BRIAN SLODYSKO and MARC LEVY Associated Press HARRISBURG, Pa. (AP) — Dr. Mehmet Oz rolled onstage inside of an inflatable orb, put on a hydrating face mask and proceeded to pitch a new line of skin care products to a convention of supplement distributors at Salt Lake City’s Vivint Arena in 2018. The crowd

By SABRA AYRES and HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Russian and Ukrainian troops appeared Thursday to be girding for a major battle over the strategic southern industrial port city of Kherson, in a region which Russian President Vladimir Putin has illegally annexed and subjected to martial law. Fighting and evacuations were reported

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term marred by economic policies that roiled financial markets and a rebellion in her political party that obliterated her authority. After just 45 days in office, Truss became the third Conservative prime minister to

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term in which her economic policies roiled financial markets and a rebellion in her political party obliterated her authority. Truss became the third Conservative prime minister to be toppled in as many years, extending

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The major freight railroads appear unwilling to give track maintenance workers much more than they received in the initial contract they rejected last week, increasing the chances of a strike. The railroads rejected the Brotherhood of Maintenance of Way Employes Division union’s request to add

By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market. The National

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks rose in morning trading on Wall Street Thursday as markets continue an unsteady search for direction amid more mixed news on company earnings. The S&P 500 rose 0.4% as of 11:29 a.m. Eastern. The Dow Jones Industrial Average rose 197 points, or 0.7%,

By CIARÁN GILES Associated Press MADRID (AP) — France, Portugal and Spain say they have agreed to substitute a proposed gas pipeline connection between Iberia and France with a “green energy corridor.” Spanish Prime Minister Pedro Sánchez said the pipeline would connect the ports of Barcelona in Spain and Marseille in France. Sánchez made the

By MATT OTT AP Business Reporter WASHINGTON (AP) — Average long-term U.S. mortgage rates inched up this week ahead of another expected rate increase by the Federal Reserve when it meets early next month. Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate ticked up this week to 6.94% from

By RAF CASERT and SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — European Union leaders have opened a two-day summit divided on whether, and how, the bloc could impose a gas price cap to contain the energy crisis fueled by Russia’s invasion of Ukraine and the Kremlin’s strategy to choke off gas supplies to the bloc

NEW YORK (AP) — Stocks are off to an uneven start on Wall Street as markets struggle to find direction amid more mixed news on company earnings. The S&P 500 was just barely in the red in the early going Thursday, as was the Nasdaq composite. The Dow Jones Industrial Average was just barely in

BRUSSELS (AP) — The European Union has slapped sanctions on Shahed Aviation Industries in Iran and three Iranian armed forces generals for helping to supply drones to Russia for use in the war against Ukraine. Russia is accused of sending waves of Iranian-made Shahed drones over Ukraine to strike power plants and other key infrastructure.

By SABRA AYRES and HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Russian troops are fighting to regain lost ground in areas of Ukraine that President Vladimir Putin has illegally annexed. Moscow also is trying to pound the invaded country into submission with more missile and drone attacks on critical infrastructure. Russian forces attacked Ukrainian