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Recent Articles from Associated Press
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artificial intelligence.
Wall Street rallies to more records as gold’s price slumps again
U.S. stocks surged to record highs as investors awaited a Trump-Xi meeting and the Federal Reserve’s next interest rate decision.
US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Existing U.S. home sales rose 1.5% in September as lower mortgage rates and more listings boosted buyer activity.
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.
Boeing defense workers reject offer, extend strike
Boeing defense machinists in Illinois and Missouri rejected a new contract offer, extending a nearly three-month strike.
Government shutdown continues to add to stress on air traffic controllers and disrupt flights
Flight delays spiked nationwide as the government shutdown forces unpaid air traffic controllers to work under mounting stress.
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
Target will lay off 1,800 corporate employees, mostly in Minneapolis, as the retailer streamlines operations before a CEO transition.
US inflation stays elevated but prices rose less than feared last month
U.S. inflation hit 3% in September, led by higher gas and beef prices, as tariffs and rent costs shaped a mixed economic outlook.
New York Attorney General Letitia James pleads not guilty in mortgage fraud case pushed by Trump
New York AG Letitia James faces mortgage fraud charges in Norfolk, Virginia, amid claims of political retaliation by Trump officials.
Virginia Democrats will try to reshape US House districts in counter to Trump’s redistricting push
Virginia Democrats plan to redraw U.S. House districts to gain seats and counter Trump-backed GOP redistricting in key states.
