AP National Business

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — More than 9 million people and families who did not receive their advance child tax credit checks, stimulus payments and other tax rebates will soon get a letter from the IRS to claim their money. The tax credit was originally offered through President Joe Biden’s $1.9 trillion

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street staged its biggest comeback in years Thursday, as stocks roared back from steep morning losses caused by a worse-than-expected report on inflation. The S&P 500 jumped to a gain of 2.6%, a stunning reversal after earlier being

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Domino’s, Duck Creek rise; Relmada, A.O. Smith fall.

By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Netflix next month will unveil the first version of its video streaming service with ads, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions. The ad-supported service is scheduled to

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street’s biggest comeback in years means stocks are rallying Thursday after roaring back from steep morning losses caused by a worse-than-expected report on inflation. The S&P 500 jumped 2.5% in afternoon trading after briefly surging 3% higher, a

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon said Thursday its Prime members ordered more than 100 million items during a sales event this week that analysts are expecting to be a bellwether for the holiday shopping season. As expected, the company did not share sales figures from the discount event. Still,

By SABRA AYRES Associated Press KYIV, Ukraine (AP) — Ukraine’s allies vowed Thursday to supply the besieged nation with advanced air defense systems as Russian forces attacked the Kyiv region with kamikaze drones and fired missiles elsewhere at civilian targets, payback for the bombing of a strategic bridge linking Russia with annexed Crimea. Missile strikes

By SUZAN FRASER and DASHA LITVINOVA Associated Press ANKARA, Turkey (AP) — Russian President Vladimir Putin on Thursday doubled down on his proposal to turn Turkey into a gas hub for Europe after deliveries to Germany through the Baltic Sea’s Nord Stream pipeline were halted. Putin floated the idea of exporting more gas through the

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street’s biggest comeback in years means stocks are rallying Thursday after roaring back from steep morning losses caused by a worse-than-expected report on inflation. The S&P 500 was 2.5% higher in afternoon trading, a stunning reversal after earlier

By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — Lebanon has approved a U.S.-mediated maritime border demarcation proposal with Israel. President Michel Aoun on Thursday announced the cash-strapped country’s approval after meeting with caretaker Prime Minister Najib Mikati and Speaker Nabih Berri. “This indirect agreement responds to Lebanese demands and maintains all our rights.” Aoun said.

By DANICA KIRKA and JILL LAWLESS Associated Press LONDON (AP) — Britain’s Treasury chief has rejected suggestions that the Conservative government would reverse course on economic plans that have roiled financial markets. The comments came even after Prime Minister Liz Truss faced widespread criticism from her own lawmakers during a closed-door meeting. Treasury chief Kwasi

By LORNE COOK Associated Press BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg says Russia would be crossing a “very important line” if it used nuclear weapons in Ukraine. His remarks Thursday came after a meeting of NATO’s secretive Nuclear Planning Group. It was held as the alliance presses ahead with plans to hold a nuclear

By SUZAN FRASER and DASHA LITVINOVA Associated Press ANKARA, Turkey (AP) — Russian President Vladimir Putin has proposed turning Turkey into a gas hub for Europe after deliveries to Germany through the Nord Stream pipeline were halted. Putin floated the idea of exporting more gas through the Turk Stream gas pipeline that runs beneath Black

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively. Consumer prices, excluding volatile food and energy costs, jumped 6.6%

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks are swinging sharply higher on Wall Street Thursday after erasing steep earlier losses caused by a worse-than-expected report on inflation, the latest set of corkscrew moves to rock financial markets. The S&P 500 was 2.5% higher in afternoon

By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — The National Science Foundation announced Thursday that it will not rebuild a renowned radio telescope in Puerto Rico, which was one of the world’s largest until it collapsed nearly two years ago. Instead, the agency issued a solicitation for the creation of a $5

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are falling again on Wall Street Thursday after a report showed inflation was worse than expected last month, though they’re well off their lows from earlier in the morning. The S&P 500 was down 0.8% in midday trading and on track for a seventh