Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four-decade high it reached in June.
by CHRISTOPHER RUGABER / AP Economics WriterBlueCross BlueShield of Tennessee has been recognized as a 2022 Best Employer for Women by Forbes, ranking 12th out of 400 employers across the nation.
by Staff and wire reportsIn a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies are investing billions of dollars to ramp up production of plastics made from natural, renewable materials that can be safely composted or can biodegrade under the right conditions.
by MARK GILLISPIE / Associated PressAmericans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.
by CHRISTOPHER RUGABER / AP Economics WriterPresident Joe Biden on Tuesday signed a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration's push to boost U.S. competitiveness over China.
by Associated PressA tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
by TOM KRISHER / AP Auto WriterIt's an old and new media marriage: Axios Media, the digital news site known for its to-the-point blurbs on politics, tech and business, is being acquired by Cox Enterprises, the media conglomerate that owns the Atlanta Journal-Constitution, the Kelley Blue Book and major broadband internet services.
by Associated PressAn aggressive push toward renewable energy has run headlong into anxiety over keeping the lights on in California, where the largest utility is considering whether to try to extend the lifespan of the state's last operating nuclear power plant.
by MICHAEL R. BLOOD / Associated PressPfizer will spend about $5.4 billion to buy Global Blood Therapeutics as the pharmaceutical giant continues to invest some of the cash influx reaped during the COVID-19 pandemic.
by TOM MURPHY and MICHELLE CHAPMAN / Associated PressDerek Kerr might have the hardest job in the airline business.
by DAVID KOENIG / AP Airlines WriterIndiana on Friday became the first state in the nation to approve abortion restrictions since the U.S. Supreme Court overturned Roe v. Wade, as the Republican governor quickly signed a near-total ban on the procedure shortly after lawmakers approved it.
by ARLEIGH RODGERS / Associated Press/Report for AmericaNew cars are pricier than ever in today's economy. Inflation, low inventory and now rising interest rates have all taken a toll on prices. Last month, the Fed raised interest rates for the fourth time this year, compounding the issues that plague car shoppers. Yet in spite of the higher prices, many Americans have an insatiable appetite for trucks and SUVs, which is why automakers keep adding SUVs to their lineups and discontinuing poor-selling sedans. As a result, there's both a dearth of entry-level models and a higher cost just to get into a new vehicle.
by MILES BRANMAN / Edmunds via The Associated PressDemocrats pared part of their proposed minimum tax on huge corporations and made other changes in their giant economic bill, Senate Majority Leader Chuck Schumer said Friday, as they drove toward delivering a campaign-season victory to President Joe Biden on his domestic agenda.
by ALAN FRAM / Associated PressAmazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon's market power and ability to gain deeper insights into consumers' lives.
by HALELUYA HADERO / AP Business WriterThe health department in Memphis plans to hold a community meeting to discuss a medical equipment sterilizing plant that used a chemical whose emissions could cause health risks, officials said.
by Associated PressAfter more than a decade of mostly losing out, the Internal Revenue Service may finally get the cash infusion it's long wanted in the economic package that Democrats are working furiously to push through Congress before their August break.
by KEVIN FREKING / Associated PressFacebook owner Meta is quietly curtailing some of the safeguards designed to thwart voting misinformation or foreign interference in U.S. elections as the November midterm vote approaches.
by AMANDA SEITZ / Associated PressElon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he claimed held back necessary information and misled his team about the true size of its user base.
by Associated PressDefying anxiety about a possible recession and raging inflation, America's employers added a stunning 528,000 jobs last month, restoring all the jobs lost in the coronavirus recession.
by PAUL WISEMAN / Associated PressReining in the soaring prices of insulin has thus far been elusive in Congress, although Democrats say they'll try again — as part of their economic package that focuses on health and climate.
by AMANDA SEITZ / Associated PresA Texas jury on Friday ordered conspiracy theorist Alex Jones to pay $45.2 million in punitive damages to the parents of a child who was killed in the Sandy Hook Elementary School massacre, adding to the $4.1 million he has to pay for the suffering he put them through by claiming for years that the nation's deadliest school shooting was a hoax.
by JIM VERTUNO / Associated PressSenate Democrats have agreed to eleventh-hour changes to their marquee economic legislation, they announced late Thursday, clearing the major impediment to pushing one of President Joe Biden's paramount election-year priorities through the chamber in coming days.
by ALAN FRAM / Associated PressMore than 700 Amazon warehouse workers in England staged a protest Thursday in a dispute over pay, in the latest sign of workplace friction stoked by Britain's cost of living crisis and a growing discontent among employees over wage and working conditions.
by Associated Press