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Recent Articles from Associated Press
Trump asks Supreme Court to remove fed governor Lisa Cook
The Trump administration asked the Supreme Court to oust Fed Governor Lisa Cook, an unprecedented move to reshape the central bank’s independent board.
DC Council approves RFK stadium site for Commanders return
D.C. Council approved the $3.8B RFK Stadium redevelopment plan, clearing the way for the Commanders to build a new home stadium set to open in 2030.
US jobless claims drop after hitting 4-year high
U.S. jobless claims fell by 33,000 to 231,000 after spiking to a nearly 4-year high, as weak labor data drives Fed interest rate cuts.
Cygnus supply ship reaches ISS after engine shutdown delay
Northrop Grumman’s Cygnus capsule docks at the ISS after a one-day delay caused by a premature engine shutdown traced to software settings.
Nvidia invests $5b in Intel, forms data center partnership
Nvidia partners with Intel on custom data centers and PCs, investing $5B in Intel stock as AI demand reshapes the tech industry.
Amazon boosts worker pay, cuts health plan costs
Amazon is investing $1B to raise U.S. worker wages and lower health plan costs, lifting average pay to $23 an hour and reducing co-pays to $5.
StubHub shares slip 2% in Wall Street debut
NEW YORK (AP) — StubHub received a lackluster reception on Wall Street Wednesday. The ticket marketplace’s stock fell 6.4% from its initial public offering price of $23.50 per share on its first day of trading. The company’s shares are trading on the New York Stock Exchange under the symbol “STUB.” StubHub offered just over 34 […]
Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate […]
Cygnus capsule stalls en route to space station
CAPE CANAVERAL, Fla. (AP) — A newly launched supply ship has run into engine trouble that is preventing it from reaching the International Space Station. Northrop Grumman’s capsule rocketed into orbit Sunday from Florida aboard SpaceX. But less than two days later, the capsule’s main engine shut down prematurely while trying to boost its orbit. The Cygnus capsule was supposed [&[...]
Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
Retail sales rose 0.6% in August, boosted by back-to-school shopping, despite tariffs beginning to raise prices and pressure the job market.
