By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers —
Continue ReadingBy Rob Picheta, CNN Warsaw, Poland (CNN) — The front door to the Martynowska residence is a point of no return. Every week, as Karolina prepares to cross it, she steels herself. “Sometimes it’s exciting,” she says. “It’s a mind-bending exercise. But I always have to equip myself. With patience.” The Martynowskas – Stella, 69,
Continue ReadingBERLIN (AP) — Germany’s government says it expects the country’s economy to shrink by 0.4% this year. The German government joined a string of other forecasters on Wednesday in revising sharply downward its outlook for Europe’s biggest economy. The revised forecast contrasted with the 0.4% growth that the government predicted in late April. The Economy
Continue ReadingVIGO, Spain (AP) — Officials say three children and an adult have died and nine others were injured in a fire in an apartment building believed to be occupied by squatters in Spain’s northwestern city of Vigo. Spain’s state news agency Efe says the dead included a woman and three of her children. Efe said
Continue ReadingBy JOSEPH KRAUSS and WAFAA SHURAFA Associated Press JERUSALEM (AP) — Palestinians in the sealed-off Gaza Strip struggled to find any safe area Wednesday, as Israeli strikes demolished entire neighborhoods, hospitals ran low on supplies and the territory’s only power plant ran out of fuel, deepening the misery of a war sparked by a stunning
Continue ReadingBy HOLLY RAMER Associated Press CONCORD, N.H. (AP) — The first candidate has arrived at the New Hampshire Statehouse as the filing period for the state’s presidential primary gets underway. Mark Stewart Greenstein arrived at 6:30 a.m. Wednesday. The Democrat from West Hartford, Connecticut, says he plans to be on the ballot in five states.
Continue ReadingLONDON (AP) — Buckingham Palace says King Charles III will travel to Kenya later this month. His state visit from Oct. 31 to Nov. 3 holds great symbolism since his mother, the late Queen Elizabeth II, learned she had become queen while visiting a game preserve in the East African nation in 1952. The trip
Continue ReadingBy MICHELLE CHAPMAN AP Business Writer Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion to the acquisition, leaving no doubt of the Texas
Continue ReadingBy HILLEL ITALIE AP National Writer NEW YORK (AP) — Salman Rushdie has a memoir coming out about the horrifying attack that left him blind in his right eye and with a damaged left hand. “Knife: Meditations After an Attempted Murder” will be published April 16. “This was a necessary book for me to write:
Continue ReadingBy ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street pointed slightly higher early Wednesday as falling bond yields continued to take pressure off stocks. Futures for the S&P 500 and the Dow Jones Industrial Average each rose about 0.3%. Investors have taken heart from signs that upward pressure on inflation in many economies
Continue ReadingBy SAM MEDNICK Associated Press COTONOU, Benin (AP) — The French military says it’s begun withdrawing from Niger following the July coup when mutinous soldiers toppled the country’s democratically elected president. More than 100 troops left in two flights from the capital Niamey on Tuesday in the first of what will be several rounds of
Continue ReadingBy Tara Subramaniam, CNN (CNN) — An Israeli woman and her daughter survived Hamas’ 12-hour siege of their kibbutz by barricading themselves into a safe room using a vacuum cleaner and a rolling pin. Theirs was just one of the remarkable stories of survival against the odds to have emerged following the Gaza-based militant group’s
Continue ReadingBy MARK SHERMAN Associated Press WASHINGTON (AP) — The Supreme Court is taking up a congressional redistricting case from South Carolina that could shape the fight for partisan control of the House of Representatives. Arguments taking place at the high court Wednesday will focus on a coastal district held by Republican Rep. Nancy Mace. A
Continue ReadingBy MEG KINNARD Associated Press CLIVE, Iowa (AP) — The war provoked by Hamas’ attack on Israel has shaken American politics and put the Republican presidential primary race in Nikki Haley’s wheelhouse. Haley has long tried to set herself apart from her GOP 2024 rivals on foreign policy. Haley remains well behind former President Donald
Continue ReadingBy DASHA LITVINOVA Associated Press TALLINN, Estonia (AP) — Russian authorities are seeking to fine a prominent human rights advocate on trial for criticizing the war in Ukraine, the latest step in a relentless crackdown. Oleg Orlov, co-chair of the Nobel Peace Prize-winning human rights group Memorial, has been charged with “discrediting” the Russian military
Continue ReadingBy JOHN LEICESTER Associated Press PARIS (AP) — The “Mona Lisa” has given up another secret. Using X-rays to peer into the chemical structure of a tiny speck of the celebrated work of art, scientists have gained new insight into the techniques that Leonardo da Vinci used to paint his groundbreaking portrait of the woman
Continue ReadingBy MICHELLE CHAPMAN AP Business Writer Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, and creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion to the acquisition, leaving no doubt of the
Continue ReadingBy ELIZA HAVERSTOCK of NerdWallet On the bumpy road to repayment this fall, student loan borrowers have some qualms. Borrowers filed more than 101,000 student loan complaints with the Federal Student Aid office in 2022 – more than double from 2021 – and that number is poised to increase further as October payments approach. But
Continue ReadingBy MICHELLE CHAPMAN AP Business Writer Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, making it one of the oil giant’s biggest transactions ever. The transaction’s value, including debt, is about $64.5 billion. Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share.
Continue ReadingBy JOSH BOAK Associated Press WASHINGTON (AP) — The Federal Trade Commission has proposed a rule to ban any hidden and bogus junk fees, which can mask the total cost of concert tickets, hotel rooms and utility bills. President Joe Biden has made the removal of these fees a priority of his administration. Administration officials
Continue Reading