Wednesday, June 29, 2022

Associated Press

1498 POSTS 0 COMMENTS

Wall Street drifts as earnings roll in, natural gas soars

NEW YORK (AP) — Stocks are drifting in mixed trading Monday, as worries about interest rates and inflation keep a lid on Wall Street...

Justices reject states’ appeal over cap on tax deductibility

WASHINGTON (AP) — The Supreme Court on Monday rejected a challenge from New York, New Jersey, Connecticut and Maryland to the 2017 tax law...

BIZ. Briefs

On Tax Day, an extension may be better than rushing a return WASHINGTON (AP) — Monday is Tax Day, the federal deadline for individual tax...

BIZ. Briefs

Biden picks Michael Barr for Fed's bank regulation post WASHINGTON (AP) — President Joe Biden says he plans to nominate Michael Barr to be the...

BIZ. Daily Briefs

Tesla CEO Elon Musk offers to buy Twitter for $43 billion Tesla CEO Elon Musk is offering to buy Twitter. He says the social media...

Bills to curb health emergency powers advance in Louisiana

NEW ORLEANS (AP) — The state Legislature could end public health emergency declarations by future governors under legislation approved Wednesday by a House committee...

BIZ Briefs

Homebuyers stymied by fewer homes, high prices, rising rates LOS ANGELES (AP) — America’s housing market has grown increasingly frenzied, and prices are out of...

Wall Street rebounds in early trade after inflation report

NEW YORK (AP) — Stocks are opening higher and bond yields are falling as investors cling to strands of hope in a mostly discouraging...

US inflation jumped 8.5% in past year, highest since 1981

WASHINGTON (AP) — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing...

Biden waiving ethanol rule in bid to lower gasoline prices

WASHINGTON (AP) — President Joe Biden is visiting corn-rich Iowa on Tuesday to announce he'll suspend a federal rule preventing the sale of higher...