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Stocks close mixed after new signs of cooling inflation

Aug. 11, 2022 17:12 PM EDT

NEW YORK (AP) — An afternoon pullback left stock indexes on Wall Street with a mixed finish Thursday, erasing most of their gains from a morning rally over new signs of cooling inflation. The S&P 500 closed 0.1% lower after having been up 1.1% in the early going. The Nasdaq...

Abortion ruling prompts variety of reactions from states

Aug. 11, 2022 15:05 PM EDT

The U.S. Supreme Court on June 24 overturned Roe v. Wade, the 1973 decision that had provided a constitutional right to abortion. The ruling was expected to lead to abortion bans in roughly half the states, although the timing of those laws taking effect varies. Some Republican-led...

Cancellation of Atlanta festival sparks new fight over guns

Aug. 11, 2022 01:09 AM EDT

ATLANTA (AP) — Tens of thousands of Music Midtown festivalgoers are no longer going to descend on Atlanta’s massive Piedmont Park next month to cheer on hip-hop star Future or watch beloved rock band My Chemical Romance take the stage. In fact, some people are convinced Atlanta...

Disney+ ad-free subscription cost to rise by 38% in December

Aug. 10, 2022 18:32 PM EDT

Walt Disney Co. said Wednesday it is raising prices for streaming subscribers in the U.S. who want to watch Disney+ without ads, as more viewers switch to what CEO Bob Chapek described as the “best value in streaming.” The price increases are tied to a new tiered service Disney...

Alabama cabinet maker to create 415 jobs with $17M expansion

Aug. 10, 2022 16:23 PM EDT

MONTGOMERY, Ala. (AP) — A family-owned Alabama cabinet company plans to invest nearly $17 million in an expansion project that will create 415 jobs over five years. Ashland-based Wellborn Cabinet Inc. will build a 250,000-square-foot facility in Oxford to begin production of a new...

Evictions spiking as assistance, protections disappear

Aug. 10, 2022 09:55 AM EDT

Jada Riley thought she had beaten homelessness. The 26-year-old New Orleans resident was finally making a steady income cleaning houses during the pandemic to afford a $700-a-month, one-bedroom apartment. But she lost nearly all her clients after Hurricane Ida hit last year. Then she...

US will stretch monkeypox vaccine supply with smaller doses

Aug. 09, 2022 18:19 PM EDT

WASHINGTON (AP) — U.S. health officials on Tuesday authorized a plan to stretch the nation’s limited supply of monkeypox vaccine by giving people just one-fifth the usual dose, citing research suggesting that the reduced amount is about as effective. The so-called dose-sparing...

Drazan: Declare state of emergency for homeless crisis in OR

Aug. 09, 2022 12:30 PM EDT

PORTLAND, Ore. (AP) — The Republican candidate for governor, Christine Drazan, on Monday called for declaring a state of emergency on homelessness in Oregon as she seeks to distinguish herself in a three-way race. Drazan’s unveiling of her state of emergency proposal was included...

David McCullough, Pulitzer-winning historian, dies at 89

Aug. 08, 2022 18:33 PM EDT

NEW YORK (AP) — David McCullough, the Pulitzer Prize-winning author whose lovingly crafted narratives on subjects ranging from the Brooklyn Bridge to Presidents John Adams and Harry Truman made him among the most popular and influential historians of his time, has died. He was 89. ...

Demand for grocery delivery cools as food costs rise

Aug. 07, 2022 09:28 AM EDT

Karen Raschke, a retired attorney in New York, started getting her groceries delivered early in the pandemic. Each delivery cost $30 in fees and tips, but it was worth it to avoid the store. Then earlier this spring, Raschke learned her rent was increasing by $617 per month. Delivery...