AP National Business

By MARCY GORDON AP Business Writer WASHINGTON (AP) — Twitter’s former security chief told Congress Tuesday there was “at least one agent” from China’s intelligence service on Twitter’s payroll and that the company knowingly allowed India to add agents to the company roster as well, where they had access to highly sensitive data on users

COLUMBIA, S.C. (AP) — Federal officials have granted a factory in South Carolina a license to keep making fuel for nuclear plants for 40 years. The Westinghouse facility in Columbia is just one of three in the country making atomic fuel rods. Environmental groups had fought the new license. They said if the U.S. Nuclear

By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stocks are tumbling, and disappointment is smacking markets worldwide Tuesday, following Wall Street’s sudden realization that inflation isn’t slowing as much as hoped. The S&P 500 was 3.1% lower in afternoon trading, threatening to snap a four-day winning streak. Bond prices also

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Lower gas costs slowed U.S. inflation for a second straight month in August, but most other prices across the economy kept rising — evidence that inflation remains a heavy burden for American households. Consumer prices rose 8.3% from a year earlier and 0.1% from July. But

By CARA ANNA and BRIAN INGANGA Associated Press NAIROBI, Kenya (AP) — William Ruto has been sworn in as Kenya’s president after narrowly winning the Aug. 9 election in East Africa’s most stable democracy. He has quickly signaled that his leadership will be a strongly Christian one. The Supreme Court last week rejected a challenge

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Budget airline Ryanair says it will cancel eight routes through Hungary and cut flights on seven more following a months-long dispute with the country’s government over a windfall tax placed on airlines. The Ireland-based company’s CEO, Michael O’Leary, told a press conference Tuesday that Ryanair had

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks are tumbling and disappointment is hitting markets worldwide Tuesday, following Wall Street’s sudden realization that inflation isn’t slowing as much as hoped. The S&P 500 sank 2.4% in morning trading, threatening to snap a four-day winning streak. Bond prices also fell sharply, sending their

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. inflation slowed for a second straight month on a sharp fall in gas prices, yet excluding energy most other items got more expensive in August, a sign that inflation remains a heavy burden for American households. Consumer prices surged 8.3% in August compared with a

By CARA ANNA and BRIAN INGANGA Associated Press NAIROBI, Kenya (AP) — William Ruto was sworn in as Kenya’s president on Tuesday after narrowly winning the Aug. 9 election in East Africa’s most stable democracy, and quickly signaled that his leadership will be a strongly Christian one. The Supreme Court last week rejected a challenge

By MATTHEW BARAKAT Associated Press MANASSAS, Va. (AP) — Northern Virginia has established itself as the world’s largest home for data centers. But residents are starting to push back against their proliferation, voicing concerns over noise and other issues. The demand only grows as as cloud computing expands exponentially. The data centers have been a

By KELVIN CHAN and JEFFREY SCHAEFFER Associated Press LONDON (AP) — There are fridge magnets, tea sets and flags. And of course mugs, T-shirts and sweatshirts with the face of Queen Elizabeth II that are inscribed with the dates of her 70-year reign: 1952-2022. Just days after the death of Britain’s longest-serving monarch, unofficial souvenirs

BERLIN (AP) — Volkswagen truck subsidiary Traton says two of its units are selling their business activities in Russia. Tranton said on Tuesday that the transactions are expected to lead to a loss of up to 550 million euros (dollars). The company says MAN Truck & Bus and Scania “are disposing their sales companies in

By MICHELLE CHAPMAN AP Business Writer Shares of Peloton are rising before the opening bell a day with co-founders John Foley and Hisao Kushi stepping down as sales falter. Foley stepped down as executive chair on Monday. Kushi will depart from his role as chief legal officer on Oct. 3. The manufacturer of high-end stationary

BRATISLAVA, Slovakia (AP) — Slovakia’s president has sworn in new ministers who replaced their predecessors from a junior coalition partner that withdrew from the governing four-party coalition that left Prime Minister Eduard Heger without a parliamentary majority. The new ministers are experts not affiliated with any party. Energy expert Karel Hirman became the economy minister,

NEW YORK (AP) — Wall Street futures rose Tuesday ahead of new data expected to show that surging U.S. inflation continues to ease, reducing pressure on the Fed to continue hiking interest rates. Before the opening bell, the benchmark S&P 500 index and the Dow Jones climbed 0.7%. Before markets open the U.S. will release

LYNN, Mass. (AP) — The largest union representing General Electric Co. workers says it’s reached a tentative deal with the company to speed up pay raises for workers at a Massachusetts aviation plant. Under the agreement, workers at GE’s facility in Lynn would be eligible for raises sooner and could reach the top pay rate

By ELIZABETH AYOOLA of NerdWallet Custodial accounts are a way to invest for minors and give them a headstart on building wealth. How can you ensure they’re financially responsible enough to manage their assets when they reach the age of majority? One way is to share your money values with them and teach budgeting basics

DUBAI, United Arab Emirates (AP) — Iran’s state TV says a fire has ripped through an oil well in southwestern Iran. Local officials blamed the blaze on Tuesday on “unknown” saboteurs. Iran did not report any injuries or elaborate on the alleged interference, but Khuzestan has previously seen attacks on its crucial oil facilities. The

By CARA ANNA and BRIAN INGANGA Associated Press NAIROBI, Kenya (AP) — William Ruto was sworn in as Kenya’s president on Tuesday after narrowly winning the Aug. 9 election in East Africa’s most stable democracy, and quickly signaled that his leadership would be a strongly Christian one. The Supreme Court last week rejected a challenge