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34 minutes ago

2 injured in fire at ammunition storage site on Crimea

Explosions and fires have ripped through an ammunition depot in Russia-annexed Crimea in the second suspected Ukrainian attack on the peninsula in just over a week
34 minutes ago
A man looks out from an apartment destroyed after Russian shelling in Nikopol, Ukraine, Monday, Aug. 15, 2022. (AP Photo/Kostiantyn Liberov)
44 minutes ago

Stocks edge mostly higher on Wall Street; Walmart lifts Dow

Stocks edged mostly higher in afternoon trading on Wall Street as investors cautiously reviewed mostly encouraging results from major retailers
44 minutes ago
A currency trader walks by screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Aug. 16, 2022. Asian shares mostly rose Tuesday after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China. The benchmark in Tokyo was little changed, erasing earlier gains, but indexes in South Korea, Australia and China gained in morning trading. (AP Photo/Lee Jin-man)
1 hour ago

Walmart tops Q2 expectations as Americans continue spending

Walmart reported better-than-expected second quarter results as more Americans looked to cut costs on groceries at the nation’s largest retailer in the face of surging inflation
1 hour ago
FILE - A woman wheels a cart with her purchases out of a Walmart, on Nov. 18, 2020, in Derry, N.H. Walmart Inc. on Tuesday, Aug. 16, 2022, reported fiscal second-quarter net income of $5.15 billion. The Bentonville, Arkansas-based company said it had profit of $1.88 per share. Earnings, adjusted for non-recurring gains, were $1.77 per share. (AP Photo/Charles Krupa, File)
1 hour ago

What's in big Biden bill? Health, climate goals become law

President Joe Biden arrived at the White House promising to “build back” America, and on Tuesday he's signing into law legislation with a slimmer version of that idea
1 hour ago
House Speaker Nancy Pelosi of Calif., finishes the vote to approve the Inflation Reduction Act in the House chamber at the Capitol in Washington, Friday, Aug. 12, 2022. A divided Congress gave final approval Friday to Democrats' flagship climate and health care bill. (AP Photo/Patrick Semansky)
1 hour ago

Colorado River cuts set to disrupt farming in American West

Federal officials on Tuesday are expected to announce water cuts that would further reduce how much Colorado River water some users in the seven U.S. states reliant on the river and Mexico receive
1 hour ago
FILE - Visitors view the dramatic bend in the Colorado River at the popular Horseshoe Bend in Glen Canyon National Recreation Area, in Page, Ariz., on Sept. 9, 2011. Federal officials on Tuesday, Aug. 16, 2022, are expected to announce water cuts that would further reduce how much Colorado River water some users in the seven U.S. states reliant on the river and Mexico receive. (AP Photo/Ross D. Franklin, File)
2 hours ago

Mark Hoffman out as CNBC chief, KC Sullivan replacing him

Longtime CNBC chief Mark Hoffman is leaving the network after 28 years, His departure was announced Tuesday
2 hours ago
FILE - CNBC's Mark Hoffman appears during a panel discussion on the changing worlds of media and music at the eMerge Americas technology event in Miami Beach, Fla., on April 19, 2016. Hoffman is leaving the network after 28 years, with London-based executive KC Sullivan replacing him early next month, the network said on Tuesday. Hoffman was named president of the financial news network in 2005 and elevated to chairman in 2015. (AP Photo/Wilfredo Lee, File)
3 hours ago

MacKenzie Scott gives $39 million to Junior Achievement USA

Billionaire philanthropist MacKenzie Scott donated $38.8 million to Junior Achievement USA and 26 local operations — the largest single gift in its 103-year history — the national education nonprofit announced Tuesday
3 hours ago
In this photo provided by Junior Achievement USA, volunteer Cammy Elquist LoRé teaches a Colorado Springs, Colo., high school class program that helps prepare them for handling finances in the adult world, on March 23, 2018. (Ellen Jaskol/Courtesy of Junior Achievement USA)
3 hours ago

Ukraine's Black Sea deal also helps Russian farmers, economy

Agreements to unblock Ukrainian grain stuck at Black Sea ports also aid Russia.
3 hours ago
FILE - A security officer stands next to the ship Navi-Star which sits full of grain since Russia's invasion of Ukraine began five months ago as it waits to sail from the Odesa Sea Port, in Odesa, Ukraine, July 29, 2022. Ukraine is steadily exporting grains from its Black Sea ports under a wartime deal brokered last month, but the agreement has also proven helpful to Russian farmers and the country's cornerstone agriculture industry. (AP Photo/David Goldman)
3 hours ago

Kenya's Odinga says he'll challenge his close election loss

Kenyan opposition figure Raila Odinga says he’ll challenge the results of the close presidential election with “all constitutional and legal options” after Deputy President William Ruto was declared the winner
3 hours ago
William Ruto, center, shows a certificate after the announcement of the results of the presidential race at the Centre in Bomas, Nairobi, Kenya, Monday, Aug. 15, 2022. After last-minute chaos that could foreshadow a court challenge, Kenya’s electoral commission chairman on Monday declared Deputy President William Ruto the winner of the close presidential election over five-time contender Raila Odinga. (AP Photo/Sayyid Abdul Azim)
4 hours ago

Industry group says most EVs will no longer qualify for federal tax credits

An expert said there's a possibility that no EVs could qualify for the credit.
4 hours ago
In this April 11, 2022, file photo, an R1T truck is shown on the road outside the Rivian electric vehicle plant in Normal, Il.
August 16

Europe drought: German industry at risk as Rhine level falls

Germany’s main industry lobby group has warned that factories may have to throttle production or halt it completely because plunging water levels on the Rhine are making it harder to transport cargo on the river
August 16
A cargo ship passes a danger buoy lying on dry land in Dusseldorf, North Rhine-Westphalia, Germany. After weeks of drought, the water levels of the Rhine have reached historic lows. (Federico Gambarini/dpa via AP)
August 16

American Airlines places deposit on 20 supersonic planes

The aircraft are still on the drawing board and years away from flying.
August 16
This undated image provided by Boom Supersonic shows Boom Supersonic Overture Aircraft. American Airlines says it has agreed to buy up to 20 supersonic jets that are still on the drawing board and years away from flying. American announced the deal Tuesday, Aug. 16, 2022 with Boom Supersonic.(Boom Supersonic via AP)
August 16

Home Depot posts record profit, revenue; sticks to outlook

Home Depot’s sales rose in its fiscal second quarter, buoyed by continued demand for items related to home improvement projects
August 16
FILE - A Home Depot logo sign hands on its facade, Friday, May 14, 2021, in North Miami, Fla. Home Depot's sales rose in its fiscal second quarter, buoyed by continued demand for items related to home improvement projects. (AP Photo/Wilfredo Lee, File)
August 16

Germany: 1 dead, 9 injured after test car veers into traffic

Police in Germany says one person has died and nine were seriously injured after a test car with autonomous steering capability veered into oncoming traffic
August 16
August 16

Companies facing 1st tax on stock buybacks in Biden bill

Democrats have pulled off a quiet first in legislation passed this month.
August 16
FILE - In this June 7, 2021 file photo, The Federal Hall statue of George Washington overlooks the New York Stock Exchange on June 7, 2021, in New York. Democrats have pulled off a quiet first in legislation passed this month: the creation of a tax targeting stock buybacks. The bill includes a new 1% excise tax on companies' purchases of their own shares, a tactic that companies have long used to return cash to investors and bolster their stock's price. (AP Photo/Richard Drew, File)
August 16

Far-right Italian leader Meloni rides popular wave in polls

Giorgia Meloni is riding a wave of popularity that next month could see her become Italy’s first female prime minister and its first far-right leader since World War II
August 16
FILE — Giorgia Meloni holds an Italian flag as she addresses a rally in Rome, Saturday, Oct. 19, 2019. With God, homeland and "natural" family prominent in her political manifesto, Giorgia Meloni, whose Fratelli d'Italia (Brothers of Italy) party with neo-fascist roots has been fast rising in popularity in view of the upcoming Sept. 25 elections for Parliament, is positioning herself to become Italy's first far-right premier and the first woman to hold that office. (AP Photo/Andrew Medichini)
August 16

Ukraine's Black Sea deal also helps Russian farmers, economy

Agreements to unblock Ukrainian grain stuck at Black Sea ports for nearly six months of war also gave a boost to Russia's food and fertilizer
August 16
FILE - A security officer stands next to the ship Navi-Star which sits full of grain since Russia's invasion of Ukraine began five months ago as it waits to sail from the Odesa Sea Port, in Odesa, Ukraine, July 29, 2022. Ukraine is steadily exporting grains from its Black Sea ports under a wartime deal brokered last month, but the agreement has also proven helpful to Russian farmers and the country's cornerstone agriculture industry. (AP Photo/David Goldman)
August 16

Biden to sign massive climate, health care legislation

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill
August 16
FILE - President Joe Biden in the East Room of the White House, Aug. 10, 2022, in Washington. Biden is preparing to sign Democrats' landmark climate change and health care bill. It's the "final piece" of the president's pared-down domestic agenda as he aims to boost his party's standing with voters ahead of midterm elections. (AP Photo/Evan Vucci)
August 15

Asian shares mostly higher, echoing Wall Street rebound

Asian shares are mostly rising after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China
August 15
FILE - The New York Stock Exchange logo adorns a trading post on the floor of the Exchange on March 16, 2022, in New York. Stocks are rising again at the start of trading on Wall Street on Friday, Aug. 12, 2022, putting the S&P 500 on track for its first four-week winning streak since November. (AP Photo/Richard Drew, File)
August 15

Myanmar executions revive pressure for more sanctions

Recent executions of four democracy activists in Myanmar have reenergized efforts to get the U.S. and other governments to impose further sanctions on its army-controlled government
August 15
FILE - Myanmar nationals living in South Korea march to condemn Myanmar's recent executions of activists, at the down town in Seoul, South Korea, Saturday, July 30, 2022. Recent executions of four democracy activists in Myanmar have reenergized efforts to get the U.S. and other countries to impose further sanctions against military leaders who ousted its elected government early last year. (AP Photo/Ahn Young-joon, File)
August 15

Buffett's firm buys more Apple, Amazon while betting on oil

Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter
August 15
FILE - Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., on May 5, 2019. Warren Buffett's company bet more on high-tech darlings Apple and Amazon during the second quarter of 2022 while also investing billions in old school oil producers Occidental Petroleum and Chevron. (AP Photo/Nati Harnik, File)
August 15

Walmart deal with Paramount gives members streaming perks

Walmart says it has signed a deal with Paramount Global to offer the entertainment company’s streaming service as a perk to subscribers of the retailer's shipping subscription service
August 15
FILE - The Walmart logo is displayed on a store in Springfield, Ill., May 16, 2011. Walmart Inc. said Monday, Aug. 15, 2022, that it has signed a deal with Paramount Global to offer the entertainment company's streaming service as a perk to subscribers of the discounter's shipping subscription service. (AP Photo/Seth Perlman, File)
August 15

Dollar General faces penalties for Georgia store issues

Dollar General faces nearly $1.3 million in penalties after government inspectors visited three of the chain’s stores in Georgia earlier this year and found worker-safety violations
August 15
August 15

How major US stock indexes fared Monday 8/15/2022

Stocks recovered from early losses and ended higher on Wall Street
August 15
August 15

Unity Software, Turquoise Hill fall; Gilead, Moderna rise

Stocks that traded heavily or had substantial price changes Monday: Unity Software, Turquoise Hill fall; Gilead, Moderna rise
August 15
August 15

Kraft Heinz recalling contaminated Capri Sun juice pouches

Kraft Heinz is recalling thousands of pouches of Capri Sun after some cleaning solution accidentally mixed with the juice on a production line
August 15
August 15

Norway hits export record amid soaring gas prices

Norway’s exports have reached a record in July that is driven mainly by higher natural gas prices
August 15
FILE - The Ekofisk oil field off the North Sea in Norway, Oct. 24, 2019. Norway’s exports have reached a record in July that is driven mainly by higher natural gas prices. The Scandinavian country’s statistics agency on Monday, Aug. 15, 2022 said Norwegian exports reached 229 billion kroner ($24 billion) last month. Norway is a major producer of offshore oil and gas. (Carina Johansen/NTB Scanpix via AP)
August 15

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery fell $2.68 to $89.41 a barrel Monday
August 15
August 15

Starbucks asks labor board to halt union votes temporarily

Starbucks is asking the National Labor Relations Board to suspend all union elections at its U.S. stores
August 15
FILE — Pro-union pins sit on a table during a watch party for Starbucks' employees union election, Dec. 9, 2021, in Buffalo, N.Y. Starbucks is asking the National Labor Relations Board to temporarily suspend all union elections at its U.S. stores in response to allegations of improper coordination between regional NLRB officials and the union. (AP Photo/Joshua Bessex, File)
August 15

Florida high speed train gets grant to improve safety

Tracks used by the nation’s deadliest railroad will see added fencing to keep pedestrians away and safety improvements at crossings under a $25 million federal grant
August 15
U.S.Rep. Mario Diaz Ballart, R-Fla., speaks during a news conference at the Brightline station in Fort Lauderdale on Monday, Aug., 15, 2022.. The Florida Department of Transportation and Brightline was awarded a $25 million grant to enhance safety along the Florida East Coast Railway- Brightline corridor between Miami-Dade and Brevard counties. (Joe Cavaretta/South Florida Sun-Sentinel via AP)
August 15

Deadline looms for western states to cut Colorado River use

Seven Western U.S. states face a deadline from the federal government to come up with a plan to use substantially less Colorado River water in 2023
August 15
FILE - Visitors view the dramatic bend in the Colorado River at the popular Horseshoe Bend in Glen Canyon National Recreation Area, in Page, Ariz., on Sept. 9, 2011. Some 40 million people in Arizona, California, Colorado, Nevada, New Mexico, Utah and Wyoming draw from the Colorado River and its tributaries. The U.S. Bureau of Reclamation is expected to publish hydrology projections on Tuesday, Aug. 16, 2022, that will trigger agreed-upon cuts to states that rely on the river. (AP Photo/Ross D. Franklin, File)
August 15

London's Heathrow Airport extends passenger cap to October

London’s Heathrow Airport says it will extend its cap on daily passenger numbers until the end of October as part of its efforts to cope with soaring demand for air travel amid staffing shortages
August 15
August 15

Pfizer CEO tests positive for COVID-19, with mild symptoms

The top executive at Pfizer, a leading producer of COVID-19 vaccines, has tested positive for the virus and says he is experiencing very mild symptoms
August 15
FILE - Albert Bourla, chief executive officer of Pfizer, speaks at a Press Conference on Pfizer and Partners Announce Accord for a Healthier World at the 51st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, May 25, 2022. The top executive at Pfizer, a leading producer of COVID-19 vaccines, has tested positive for the virus and said he is experiencing very mild symptoms. He said Monday, Aug. 15, 2022, that he started taking Pfizer’s Paxlovid pill treatment and is isolating while he recovers. (Gian Ehrenzeller/Keystone via AP, File)
August 15

Russian shells slam into eastern Ukraine; 3 dead, 20 hurt

Ukrainian authorities say at least three civilians have been killed and 20 others wounded in the latest Russian artillery barrages
August 15
Russian rockets launch against Ukraine from Russia's Belgorod region are seen at dawn in Kharkiv, Ukraine, Monday, Aug. 15, 2022. (AP Photo/Vadim Belikov)
August 15

Germans face higher bills as tax aids natural gas importers

Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine
August 15
FILE Morning light lights the landfall facility of the Nord Stream 1 Baltic Sea pipeline and the transfer station of the OPAL gas pipeline, the Baltic Sea Pipeline Link, in Lubmin, Germany, Thursday, July 21, 2022. Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine. An association of gas pipeline operators set the level at 2.4 euro cents per kilowatt hour under legislation passed by the German parliament. (AP Photo/Markus Schreiber, File)
August 15

WNBA's Brittney Griner appeals her Russian prison sentence

Russian news agencies reported that lawyers for American basketball star Brittney Griner have filed an appeal of her nine-year Russian prison sentence for drug possession
August 15
FILE - US Basketball player Brittney Griner looks through bars as she listens to the verdict standing in a cage in a courtroom in Khimki, outside Moscow, Russia, Thursday, Aug. 4, 2022. Lawyers for American basketball star Brittney Griner on Monday, Aug. 15, 2022 filed an appeal of her nine-year Russian prison sentence for drugs possession. Griner, a center for the Phoenix Mercury and a two-time Olympic gold medalist, was convicted on Aug. 4. She was arrested in February at Moscow's Sheremetyevo Airport after vape canisters containing cannabis oil were found in her luggage. (Evgenia Novozhenina/Pool Photo via AP, File)
August 15

New climate deal spurs hopes of more carbon storage projects

A project in the country's top coal-producing area seeks to pump the carbon dioxide produced by burning that coal back underground
August 15
Fred McLaughlin, director of the Center for Economic Geology Research at the University of Wyoming, stands near one of two wells drilled near the Dry Fork Station coal-fired power plant outside Gillette, Wyo., on June 14, 2022. McLaughlin and other researchers are studying whether formations as deep as 10,000 feet can be used to store the power plant’s carbon dioxide emissions. (AP Photo/Mead Gruver)
August 15

Abortion clinics in embattled states face another challenge: Money

Many clinics must stop providing abortions or move. Either choice is costly.
August 15
Clinic manager Angelle Harris walks in the front door of the Whole Woman's Health clinic in Fort Worth, Texas, Sept. 4, 2019.
August 15

This Week: Walmart earns, Fed meeting minutes, US home sales

Walmart reports its second-quarter results Tuesday
August 15
August 15

Boredom, loneliness plague Ukrainian youth near front line

The young people who remain in Ukraine face fear, and boredom.
August 15
Anastasiia Aleksandrova, 12, right, sits with her grandmother, Olena, at their home in Sloviansk, Donetsk region, eastern Ukraine, Monday, Aug. 8, 2022. With cities largely emptied after hundreds of thousands have evacuated to safety, the young people that remain face alienation, loneliness and boredom as unlikely yet painful counterpoints to the fear and violence Moscow has unleashed on Ukraine. (AP Photo/David Goldman)
August 15

China cuts interest rate to shore up sagging economy

China’s central bank has trimmed a key interest rate to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to extend his hold on power
August 15
A delivery man transports home appliances from a delivery hub in Beijing, Monday, Aug. 15, 2022. China’s central bank trimmed a key interest rate Monday to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to extend his hold on power. (AP Photo/Ng Han Guan)
August 15

Japan economy grows 2.2% in 2Q on revived consumer spending

Japan has reported its economy grew at an annual rate of 2.2% in the last quarter as consumer spending rebounded with an easing of pandemic precautions
August 15
August 15

Asian shares mixed after China cuts key rate, Japan GDP up

Shares are mixed in Asia after China cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter
August 15
A person wearing a protective mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter. (AP Photo/Eugene Hoshiko)
August 14

Strike four: Facebook misses election misinfo in Brazil ads

Facebook failed to detect election-related misinformation in ads ahead of Brazil's 2022 election, a new report from Global Witness has found, continuing a pattern of not catching material that violates its policies the group says is “alarming.”
August 14
August 14

Veteran Indian investor Rakesh Jhunjhunwala dies at 62

Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died Sunday in Mumbai city, Press Trust of India news agency reported
August 14
A man takes picture of a poster paying homage to veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala displayed outside his residence, in Mumbai, India, Sunday, Aug.14, 2022. Jhunjhunwala, nicknamed India’s own Warren Buffett, died Sunday in Mumbai city, Press Trust of India news agency reported. He was 62. (AP Photo/Rafiq Maqbool)
August 14

Brief scuffles slow tallying in Kenya's close election

Kenya’s peaceful presidential election saw a brief disruption when riot police responded to scuffles at the national ballot tallying center amid tensions over the close results
August 14
The Electoral Commission (IEBC) Chairman, Wafula Chebukati, middle in red shirt, and IEBC commissioners at the National Tallying Centre in Bomas of Kenya, Nairobi, Kenya, Sunday, Aug. 14, 2022. Kenyans are waiting for the results of a close presidential election in which the turnout was lower than usual. (AP Photo/Sayyid Abdul Azim)
August 14

Ship carrying grain for hungry Ethiopia leaves Ukraine

A United Nations-chartered ship loaded with 23,000 metric tons of Ukrainian grain destined for Ethiopia has set sail from a Black Sea port
August 14
FILE - In this handout photo taken from video and released by Russian Defense Ministry Press Service on Aug. 7, 2022, a general view of the Zaporizhzhia Nuclear Power Station in territory under Russian military control, southeastern Ukraine. The Zaporizhzhia plant is in southern Ukraine, near the town of Enerhodar on the banks of the Dnieper River. It is one of the 10 biggest nuclear plants in the world. Russia and Ukraine have accused each other of shelling Europe's largest nuclear power plant, stoking international fears of a catastrophe on the continent. (Russian Defense Ministry Press Service via AP, File)
August 14

Has inflation peaked? Economists weigh in.

While still elevated, price hikes last month waned from the near-historic pace.
August 14
The price of regular unleaded gas is advertised for just under $4 a gallon at a Woodman's, Wednesday, July 20, 2022, in Menomonie Falls, Wis.
August 14

High oil prices help Saudi Aramco earn $88B in first half

Saudi oil company Aramco’s half-year profits peaked just shy of $88 billion as oil prices remain high globally
August 14
FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. Saudi oil company Aramco’s half-year profits peaked just shy of $88 billion for the first half of the year as oil prices remain high globally. The oil and gas company, which is nearly entirely state-owned, said Sunday, Aug. 14, 2022, it also saw a 90% surge in net profits for the second quarter of 2022 compared to the same time last year. (AP Photo/Amr Nabil, File)
August 14

Fireworks blast at Yerevan market kills 1, injures 20

A strong explosion at a fireworks storage area has ripped through a market in Armenia's capital
August 14
Smoke rises from Surmalu market about two kilometers (1.2 miles) south of the center Yerevan, Armenia, Sunday, Aug. 14, 2022. A strong explosion hit a large market in the capital of Armenia on Sunday, setting off a fire and reportedly trapping people under rubble. The Interfax news agency cited Armenia's emergency service as saying the explosion occurred in a building at the Surmalu market where fireworks were sold. (AP Photo/Daniel Bolshakov)