Latest Business News

Dockworkers' union suspends strike until Jan. 15 to allow time to negotiate new contract

Oct. 04, 2024 12:06 PM EDT

DETROIT (AP) — Some 45,000 dockworkers at East and Gulf coast ports are returning to work after their union reached a deal to suspend a strike that could have caused shortages and higher prices if it had dragged on. The International Longshoremen’s Association is suspending its...

Supreme Court leaves in place two Biden administration environmental regulations

Oct. 04, 2024 12:02 PM EDT

WASHINGTON (AP) — The Supreme Court left in place Friday two Biden administration environmental regulations aimed at reducing emissions of planet-warming methane and toxic mercury from coal-fired power plants. The justices did not detail their reasoning in the orders, which came...

Supreme Court will weigh Mexico's $10 billion lawsuit against U.S. gun makers

Oct. 04, 2024 11:29 AM EDT

WASHINGTON (AP) — The Supreme Court said Friday it will decide whether to block a $10 billion lawsuit Mexico filed against leading U.S. gun manufacturers over allegations their commercial practices have helped caused much bloodshed there. The gun makers asked the justices to undo...

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market

Oct. 04, 2024 11:16 AM EDT

WASHINGTON (AP) — America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy. Last month’s gain was far more than economists...

Stock market today: Wall Street wobbles higher after strong jobs data pushes up rate forecasts

Oct. 04, 2024 11:13 AM EDT

NEW YORK (AP) — U.S. stocks are wobbling higher on Friday after a surprisingly strong jobs report raised optimism about the economy but also forced a rethink about how much lower interest rates will go over the next year. The S&P 500 was up 0.4% in midday trading after paring...

Bangladesh's interim leader seeks Malaysia's support for repatriation of Rohingya refugees

Oct. 04, 2024 10:50 AM EDT

DHAKA, Bangladesh (AP) — Bangladesh's interim leader, Nobel laureate Muhammad Yunus, on Friday sought Malaysia's help in engaging a regional Southeast Asia bloc on raising the issue of repatriating Rohingya refugees home to Myanmar. Malaysia takes over the chair of the Association...

Civilization 7 makers work with Shawnee to bring sincere representation of the tribe to the game

Oct. 04, 2024 10:16 AM EDT

MIAMI, Okla. (AP) — Shawnee Tribe Chief Ben Barnes grew up playing video games, including “probably hundreds of hours” colonizing a distant planet in the 1999 title Sid Meier's Alpha Centauri. So when that same game studio, Firaxis, approached the tribal nation a...

South Carolina sets Nov. 1 execution for man who killed store clerk as state ramps up use of its death chamber

Oct. 04, 2024 09:57 AM EDT
COLUMBIA, S.C. (AP) — South Carolina sets Nov. 1 execution for man who killed store clerk as state ramps up use of its death chamber.

Biden's student loan cancellation is put on hold again after day of legal whiplash

Oct. 04, 2024 09:27 AM EDT

WASHINGTON (AP) — A federal judge in Missouri put a temporary hold on President Joe Biden's latest student loan cancellation plan on Thursday, slamming the door on hope it would move forward after another judge allowed a pause to expire. Just as it briefly appeared the Biden...

US employers add a robust 254,000 jobs and unemployment rate dips to 4.1% in sign of a still-sturdy labor market

Oct. 04, 2024 08:34 AM EDT
WASHINGTON (AP) — US employers add a robust 254,000 jobs and unemployment rate dips to 4.1% in sign of a still-sturdy labor market.