AP National Business

By NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) — Greece faces new national elections as early as June 25, with Prime Minister Kyriakos Mitsotakis confirming he would not try to build a coalition government — despite having dominated the ballot hours earlier by the most decisive margin in half a century. With 99.70% of the

By TOM KRISHER AP Auto Writer DEARBORN, Mich. (AP) — Ford CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services. Farley said ahead of the company’s capital markets day event Monday that the days of Ford being all things

By KEN SWEET AP Business Writer NEW YORK (AP) — Venmo will officially allow teenagers to open an account with their parents’ permission, the company said Monday, expanding the popular social payments app to a demographic that is likely to embrace it almost immediately. Venmo has been so popular with families even before this announcement

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — By almost any measure, the U.S. housing market has yet to emerge from a more than year-long slump, with sales of previously occupied U.S. homes down 28% in the first quarter from a year earlier, and sales of new homes down 16%. Doug Bauer is

By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users’ personal information across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears. The penalty of 1.2 billion euros is

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a first-ever default on the federal debt would quickly reverberate around the world. Orders for Chinese factories that sell electronics to

LONDON (AP) — The British government has sold a further stake in one of the banks that it bailed out at the height of the global financial crisis in 2008, when the banking system was teetering on the edge of collapse. In a statement Monday, the Treasury said it had sold shares in NatWest that

By CLAUDIA LAUER and HALELUYA HADERO Associated Press NEW YORK (AP) — Jonnifer Neal’s Kia was stolen twice in one day — first from in front of her Chicago home and later from outside the mechanic shop where she took it to get fixed. But Neal’s ordeal didn’t end there. After her car was recovered

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares mostly drifted higher Monday as investors fretted over whether the United States government will be able to reach a deal to avoid a federal default. France’s CAC 40 inched down less than 0.1% in early trading to 7,489.72, while Germany’s DAX slipped 0.1% to

BRUSSELS (AP) — Belgium’s trade unions are mounting a major demonstration to protest what they see as increasingly bad working conditions and the erosion of their right to strike. Labor action has already paralyzed subway and other traffic in Brussels, and the protests could affect anything from day care centers to garbage collection. The trade

By NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) — Despite inflicting the most crushing defeat in half a century on the opposition, Greece’s center-right Prime Minister Kyriakos Mitsotakis says he will seek a second election within weeks, as he lacks the majority in Parliament to govern alone. Mitsotakis was handed the mandate to form a

By AIJAZ HUSSAIN Associated Press SRINAGAR, India (AP) — Delegates from the Group of 20 nations have arrived in Indian-controlled Kashmir to participate in a tourism meeting condemned by China and Pakistan. The meeting scheduled for later Monday is the first significant international event in Kashmir since New Delhi stripped the Muslim-majority region of semi-autonomy

The Commerce Department delivers data on new home sales in April on Tuesday and its April snapshot of U.S. consumer spending and inflation on Friday. The Federal Reserve on Wednesday releases minutes from its policy meeting earlier this month.

BEIJING (AP) — Access to rare earth minerals and Russia’s war against Ukraine topped the agenda on French President Emmanuel Macron’s historic visit to Mongolia. Macron met with his Mongolian counterpart Ukhnaagiin Khurelsukh on Sunday in the capital Ulaanbaatar and pledged cooperation on the extraction and trade of minerals used in satellites, cell phones and

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly drifted higher Monday as investors fretted whether the United States government would be able to reach a deal to avoid a federal default. Japan’s benchmark Nikkei 225 gained 0.9% to finish at 31,086.82. Australia’s S&P/ASX 200 slid 0.2% to 7,263.30. South Korea’s Kospi

By MARY CLARE JALONICK, LISA MASCARO and COLLEEN LONG Associated Press WASHINGTON (AP) — Pushing to strike a debt ceiling deal, the Republican negotiating team headed Wednesday to the White House for more discussions with the sides still far apart. Time is short: There are just days left before the government could run out of

By LISA MASCARO, STEPHEN GROVES and ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy are to meet Monday afternoon at the White House at a pivotal moment as Washington works to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially chaotic

By AAMER MADHANI and EMILY SWANSON Associated Press WASHINGTON (AP) — Just 33% of American adults say they approve of President Joe Biden’s handling of the economy and only 24% say national economic conditions are in good shape. That’s according to a new poll from The Associated Press-NORC Center for Public Affairs Research. Public approval

By The Associated Press Sure, lots of folks are eagerly anticipating this Sunday’s “Succession” finale. But what if you haven’t followed the Roy family drama? There’s plenty of don’t miss new television, movies, music and games headed to a device near you. Among the offerings worth your time as selected by The Associated Press’ entertainment