AP National Business

By JAMES MacPHERSON Associated Press BISMARCK, N.D. (AP) — North Dakota’s five American Indian tribes want exclusive rights to host internet gambling and sports betting throughout the state utilizing servers located on their reservations. The tribes are turning to Republican Gov. Doug Burgum to approve the idea, under tribal-state agreements known as a compacts. The

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Good news on the economy remains bad news for Wall Street, and stocks are falling sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 was 3.1% lower in afternoon trading after the

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century low and average pay rose. Yet for the Federal Reserve, the jobs figures highlight how little progress they’re making in their fight against

By MICHELLE CHAPMAN AP Business Writer The Commerce Department is tightening export controls to limit China’s ability to get advanced computing chips, develop and maintain supercomputers, and make advanced semiconductors. The department said Friday that its updated export controls are focusing on these areas because China can use the chips, supercomputers and semiconductors to create

By LORNE COOK, KAREL JANICEK and SYLVIE CORBET Associated Press PRAGUE (AP) — European Union leaders are struggling to bridge significant differences over a natural gas price cap as winter approaches and Russia’s war on Ukraine fuels an energy crisis. It’s hoped that a price cap will contain a crisis that is driving up prices

By CHEVEL JOHNSON Associated Press NEW ORLEANS (AP) — Louisiana is known for delivering food with big, bold flavor. The same can be said for the founder of the Popeyes fried chicken empire, who put spicy chicken, red beans and dirty rice on the national map and whose story is outlined in a new book,

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the law of supply and demand suggests that can only mean one thing: higher prices are on the way for crude,

MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador has chosen the head of the country’s tax agency to fill the cabinet-level post of secretary of the economy. The designation Friday of Raquel Buenrostro for the post comes one day after the emotional resignation of Tatiana Clouthier. Clouthier had been seen as a link

LAS VEGAS (AP) — The parent of Allegiant Air says it’s pushing back the opening of a resort in Florida because of damage from Hurricane Ian. Allegiant Travel Company said Friday that its Sunseeker resort will sell rooms starting next September instead of next May. The company says the opening date could still change as

By SUMAN NAISHADHAM and ERIC GAY Associated Press LUBBOCK, Texas (AP) — The cotton harvest is about to get underway in the Texas High Plains, the windswept region that grows most of the crop in the nation’s top cotton-producing state. But Barry Evans, like many others, has already walked away from more than 2,000 acres

By JILL LAWLESS Associated Press LONDON (AP) — Britain and Ireland have hailed a new spirit of compromise in a grinding feud over post-Brexit trade rules. After a meeting on Friday, both sides expressed hopes of making enough progress in the next three weeks to avoid a destabilizing new election in Northern Ireland. U.K. Northern

By MICHELLE CHAPMAN AP Business Writer Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit post by Binance discussing the incident said that the company temporarily suspended its BNB smart chain after detecting an exploit between two blockchains. “The

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Good news on the economy remains bad news for Wall Street, and stocks are falling sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. The S&P 500 was 2.7% lower in afternoon trading after the

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation. Friday’s government report showed that hiring fell from 315,000 in August

NEW YORK (AP) — Good news on the economy is still bad news for Wall Street. Stocks are falling in the early going Friday after a report on the U.S jobs market came in stronger than expected, raising concerns that the Federal Reserve will have no choice but continue its aggressive efforts to slow the

DETROIT (AP) — The U.S. government’s road safety agency has closed an investigation into fuel leaks in two Volkswagen models without seeking a recall. The National Highway Traffic Safety Administration opened the probe in March after getting complaints about fuel injectors leaking in the 2018 through 2020 Atlas and Atlas Cross Sport SUVs. The probe

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal Reserve on pace to keep raising interest rates aggressively to fight persistently high inflation. Friday’s government report showed that hiring fell from 315,000 in August,

By JOE McDONALD and MATT OTT AP Business Writers Wall Street shifted between small gains as losses early Friday with all eyes on the release of U.S. employment data that could affect decisions by the Federal Reserve as it attempts to curb inflation through interest rate hikes. Futures for the S&P 500 fell less than