AP National Business

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen is seeking to project confidence in the U.S. financial outlook while pledging vigilance in responding to “risks on the horizon.” She’s offering that message as global finance leaders gather in Washington to discuss the increasingly dismal view of the global economy. Yellen

By FRANK JORDANS Associated Press BERLIN (AP) — A Ukrainian nuclear power plant that has been surrounded by Russian forces lost power Wednesday morning when a Russian missile damaged a distant electrical substation, increasing the risk of radiation disaster, according to the plant’s operator. The power to Zaporizhzhia Nuclear Power Plant was restored about eight

By ALEXANDER TURNBULL Associated Press PARIS (AP) — The French government has moved to requisition workers operating gas depots of ExxonMobil’s French branch Esso in an attempt to ensure that service stations around the country are supplied with badly needed fuel amid a strike. French Prime Minister Elizabeth Borne on Wednesday asked prefects to launch

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Stocks edged higher, though trading remain unsettled on Wall Street Wednesday after a report showed that inflation remains very hot. The S&P 500 rose 0.2% as of 1:17 p.m. Eastern. The index was roughly evenly split between gainers and losers. Different sectors have the

MENLO PARK, Calif. (AP) — Why is it so hard to build a metaverse avatar — a visual representation of ourselves in the digital world — that walks on two legs? “I think everyone has been waiting for this,” said a cartoonish digital version of Meta CEO Mark Zuckerberg, unveiling his new avatar legs and

HELSINKI (AP) — Many pharmacies in Finland have run out of iodine tablets a day after the Nordic country’s health ministry recommended that households purchase a single dose in a case of radiation hazard emergency amid increasing fears of a nuclear incident due to Russia’s war in Ukraine. The Finnish Health Ministry said Tuesday that

By LAURAN NEERGAARD AP Medical Writer The U.S. on Wednesday authorized updated COVID-19 boosters for children as young as 5, seeking to expand protection ahead of an expected winter wave. Tweaked boosters rolled out for Americans 12 and older last month, doses modified to target today’s most common and contagious omicron relative. While there wasn’t

By JOSH BOAK and EMILY SWANSON Associated Press WASHINGTON (AP) — More U.S. adults are now feeling financially vulnerable amid high inflation — a political risk for President Joe Biden and his fellow Democrats one month before the midterm elections. Some 46% of people now call their personal financial situation poor, up from 37% in

By STAN CHOE AP Business Writer NEW YORK (AP) — Tens of millions of older Americans are about to get what may be the biggest raise of their lifetimes.  On Thursday, the U.S. government is set to announce what’s virtually certain to be the largest increase in Social Security benefits in 40 years. The boost

By ERIC TUCKER Associated Press WASHINGTON (AP) — A federal judge on Wednesday dismissed a Justice Department lawsuit that sought to force longtime casino developer Steve Wynn to register as a foreign agent because of lobbying work it said he conducted at the behest of the Chinese government during the Trump administration. U.S. District Judge

By THALIA BEATY Associated Press The winners of the MacArthur Foundation’s prestigious fellowship this year include a waste management engineer, an ornithologist and writers, physicians and mathematicians. The Chicago-based foundation announced 25 new recipients of its “genius grants” on Wednesday and said it was increasing the award amount to $800,000 over five years. Marlies Carruth,

Associated Press CHICAGO (AP) — A specialist in plastic waste management, artists, musicians, computer scientists, and a poet-ornithologist who advocates for Black people in nature are among this year’s 25 winners of the John D. and Catherine T. MacArthur Foundation’s prestigious fellowships known as “genius grants” that honor discipline-bending and society-changing people whose work offers

By STAN CHOE AP Business Writer NEW YORK (AP) — Tens of millions of older Americans are about to get what may be the biggest raise of their lifetimes. On Thursday, the U.S. government is set to announce how big a percentage increase Social Security beneficiaries will see in monthly payments this upcoming year. It’s

By BOBBY CAINA CALVAN Associated Press FORT MYERS, Fla. (AP) — Hurricane Ian has come and gone, but it still could deliver prolonged blows to the local economy — particularly small businesses heavily dependent on tourists and seasonal residents. As the winter months approach, business in southwestern Florida would have been starting to pick up.

By THALIA BEATY Associated Press The Seattle-based Fred Hutchinson Cancer Center announced a $710 million gift from the Bezos family. It’s the largest gift the center has ever received and one of the largest to go to any single cancer research organization in recent years. The center said Wednesday the donation will fund 36 new

By DEE-ANN DURBIN AP Business Writer PepsiCo raised its full-year revenue and earnings forecast Wednesday after a stronger-than-expected third quarter sales driven by higher prices. The Purchase, New York-based snack and drink maker said its sales volumes were down 1% from the July-September period a year ago. But pricing surged 17%. PepsiCo said it’s trying

By STAN CHOE AP Business Writer NEW YORK (AP) — Tens of millions of older Americans are about to get what may be the biggest raise of their lifetimes.  On Thursday, the U.S. government is set to announce what’s virtually certain to be the largest increase in Social Security benefits in 40 years. The boost

By ADAM SCHRECK and HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Russian missile attacks caused a crippled nuclear plant in Ukraine to lose all external power for the second time in five days, increasing the risk of a radiation disaster because critical safety systems need electricity to operate, Ukraine’s state nuclear operator said Wednesday.

By DANICA KIRKA Associated Press LONDON (AP) — Prime Minister Liz Truss took office last month promising to rebuild the British economy and put the nation a path to “long-term success.” Instead, her tenure so far has been marred by turmoil as mortgage rates soared, the pound fell to record lows and chaos on bond

By JAMEY KEATEN Associated Press GENEVA (AP) — Switzerland is grappling with how to respond to a European human rights court ruling that it unfairly discriminates against men — because widowers receive lower state payments than widows do. Swiss lawmakers must now decide whether to give more money to men, or pay less to women.