AP National Business

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Union Pacific hauled in 13% more profit in the third quarter, but the railroad predicted Thursday that its customers will ship fewer items than it expected, suggesting that the economy may be slowing down. Union Pacific said it now expects the number of shipments it

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Liz Truss quit on Thursday — bowing to the inevitable after a tumultuous term in which her policies triggered turmoil in financial markets and a rebellion in her party that obliterated her authority. Making a hastily scheduled statement outside her 10 Downing Street office,

By NICOLAE DUMITRACHE AND STEPHEN McGRATH Associated Press BUCHAREST, Romania (AP) — Several thousand protesters in Romania have joined an “anti-poverty march” in the capital of Bucharest to express dismay over the rising cost of living. The action Thursday is the latest protest in Europe over high prices and pay that workers say hasn’t kept

By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Liz Truss resigned Thursday — bowing to the inevitable after a tumultuous six-week term in which her policies triggered turmoil in financial markets and a rebellion in her party obliterated her authority. She said “I cannot deliver the mandate on which I was elected.”

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The upcoming midterm elections could give the stock market a sorely needed boost by eliminating at least some of the uncertainty that’s clouding the way for investors. Historically, the benchmark S&P 500 index has gained ground in the months following a midterm election, regardless of

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street was pointed toward gains early Thursday as investors awaited more corporate earnings reports for clues about how companies and consumers are handling persistent, four-decade high inflation. Futures for the Dow Jones Industrial Average were up 0.3% and futures for the S&P 500 gained less

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Finance ministers of major Pacific Rim economies have pledged to combat inflation and seek sustainable growth at a meeting in Bangkok ahead of a summit next month. Thailand’s finance minister, the host of the meeting, acknowledged “conflicting views” among the senior officials of the Asia-Pacific Economic

ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — Turkey’s central bank has slashed interest rates for the third month in a row, making its biggest drop this year despite sky-high inflation that is squeezing people’s finances. The Central Bank of the Republic of Turkey on Thursday lowered the benchmark rate by 1.5 percentage points, to 10.5%.

By JIM GOMEZ Associated Press MANILA, Philippines (AP) — Philippine President Ferdinand Marcos Jr. has backed a decision by his predecessor to cancel a contract to buy 16 Russian military heavy-lift helicopters and says his administration has “secured an alternative supply from the United States.” Marcos Jr. says the Philippine government would attempt to get

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — American Airlines is reporting a $483 million profit for the third quarter, as planes were mostly full and fares were higher over the hectic summer months. American says demand for travel remains strong, and it forecast better fourth-quarter results than Wall Street was expecting. American is

By DAVID SHARP Associated Press JAY, Maine (AP) — Across the U.S., families are looking to the winter with dread as energy costs soar and fuel supplies tighten. The Department of Energy is projecting sharp price increases for home heating compared with last winter and some worry whether heating assistance programs will be able to

BERLIN (AP) — The head of the United Nations’ World Food Program is renewing pressure on oil-rich Persian Gulf countries to give his agency more help to deal with mounting humanitarian crises. WFP Executive Director David Beasley’s comments on Thursday followed a meeting with the development minister of Germany. the country is the agency’s second-biggest

BERLIN (AP) — Lawmakers from two junior governing parties have slammed plans for Chinese shipping group COSCO to take a major stake in the operator of Germany’s biggest container terminal. The legislators warned that the proposal poses a national security risk. Public broadcaster NDR reported Thursday that German Chancellor Olaf Scholz has asked officials to

By SALLY FRENCH of NerdWallet RV delivery is a growing trend that allows travelers to enjoy all of the conveniences of staying in an RV without actually having to drive it. Several companies offer delivery services for customers who rent, which can not only be more convenient, but also more affordable. Renters can save on

By CIARÁN GILES Associated Press MADRID (AP) — Households and businesses across Europe have struggled with high electricity prices for months, though they have fallen since late August peaks. Electricity costs are intrinsically linked to natural gas prices, which spiked after Russia invaded Ukraine and drastically reduced flows of the fuel used to heat homes,

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Global stock markets declined Thursday as the British prime minister faced demands to quit and Japan reported its 14th straight monthly trade deficit. London and Frankfurt opened lower and Shanghai, Tokyo and Hong Kong declined. Oil rose more than $1 per barrel. British Prime Minister Liz

By DAVID SHARP Associated Press JAY, Maine (AP) — Families are looking forward with dread as winter approaches with high energy costs and tight fuel supplies. The Department of Energy is projecting sharp price increases for home heating compared to last winter. Some worry whether heating assistance programs will be adequate for struggling families. Last

ADDIS ABABA, Ethiopia (AP) — The Ethiopian prime minister’s national security adviser says the African Union has scheduled peace talks to resolve Ethiopia’s Tigray conflict for Oct. 24. The statement from the adviser on Thursday came as fighting continued between Ethiopia’s federal government troops and the authorities in Tigray. Ethiopia’s government said earlier this week