AP National Business

NEW YORK (AP) — U.S. futures edged lower Friday ahead of the release of key U.S. consumer inflation data, while global shares mostly declined. Futures for the Dow Jones industrials inched down less than 0.2% while futures for the S&P 500 are essentially flat. In absence of a major upswing on Friday, major U.S. benchmarks

By DAVID KEYTON and YURAS KARMANAU Associated Press KYIV, Ukraine (AP) — A Ukrainian presidential adviser says up to 200 Ukrainian soldiers are being killed every day in Russia’s military onslaught. Mykhailo Podolyak told the BBC that only more and more advanced Western weaponry will turn back the Russian offensive, reduce the casualties and force

By CHRIS MEGERIAN and JOSH BOAK Associated Press LOS ANGELES (AP) — The Port of Los Angeles is a testament to President Joe Biden’s unrewarded efforts to address what he calls his top economic priority: inflation. Biden will speak at the port, America’s busiest, on Friday with inflation persisting as a problem that has eluded

By AMANDA SEITZ Associated Press WASHINGTON (AP) — The social media posts are of a distinct type. They hint darkly that the CIA or the FBI are behind mass shootings. They traffic in racist, sexist and homophobic tropes. They revel in the prospect of a “white boy summer.” White nationalists and supremacists, on accounts often

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mostly lower in Europe and Asia on Friday ahead of the release of key U.S. consumer inflation data, while U.S. futures were little changed. The latest report on the U.S. consumer price index was due later in the day. Economists expect it to show

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — NATO-member Norway terminated its two-decade-old contract with a France-based manufacturer for 14 maritime helicopters, citing delays, errors and time-consuming maintenance, The Norwegian defense minister said Friday that the government will return the NH90 helicopters it received so far and expects a refund of $525 million.

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mostly lower in Asia on Friday, with only Shanghai rising, after stocks tumbled on Wall Street on expectations central banks will double down on battling inflation with interest rate hikes. Tokyo’s Nikkei 225 index lost 1.3% to 27,881.78 while the Kospi in Seoul shed

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The costs of gas, food and other necessities likely shot up in May, giving Americans no respite from the worst outbreak of inflation in four decades. Economists have forecast that overall consumer prices jumped 8.2% last month compared with a year earlier. That would be barely

By BOB CHRISTIE Associated Press PHOENIX (AP) — Arizona officials have confirmed the first cases in the Southwest of a bird flu that has led to the deaths of 37 million birds from commercial farms in the central and eastern U.S. The disease was spotted after tests by federal wildlife officials in three wild cormorants

REDDING, Calif. (AP) — Pacific Gas & Electric on Thursday pleaded not guilty to involuntary manslaughter and other charges it faces after its equipment sparked a wildfire that killed four people and destroyed hundreds of homes in Northern California two years ago, prosecutors announced. PG&E was arraigned at a court in Redding on 31 criminal

CAMDEN, N.J. (AP) — A New Jersey man has admitted to illegally selling unregistered pesticides as a COVID-19 defense to government and municipal entities. Paul Andrecola pleaded guilty Thursday in federal court in Camden to wire fraud and other charges. A criminal complaint alleges the 63-year-old Burlington County man made and sold pesticides that weren’t

By MARGARET STAFFORD Associated Press KANSAS CITY, Mo. (AP) — Geico may have to pay $5.2 million to a woman who says she contracted a disease during sex in a car with a man insured by the company. A Missouri Court of Appeals panel on Tuesday upheld the award to a woman identified in court