WASHINGTON (AP) — U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year. The consumer price index rose 2.9% in ...
By Christopher Rugaber and Anne D’Innocenzio AP Business Writers American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to clothing and eating out at restaurants, according to the latest government snapshot. The figures, announced ...
SAN FRANCISCO (AP) — When he was still a boy making long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk him to his destination in a matter of minutes. As CEO of Joby Aviation, Bevirt ...
Disney’s Hulu + Live TV and sports streaming service Fubo are combining in a deal that will also see the settlement of a lawsuit against the creation of Venu Sports. Fubo and Hulu + Live TV both allow customers to stream live broadcast and cable networks on their connected TVs, mobile ...
NEW YORK (AP) — Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025. Companies still face a long list of uncertainties in the year ahead, including economic policy shifts, reheated inflation and shifts in the jobs market and consumer ...
LAS VEGAS (AP) — When Russell Maichel started growing almonds, walnuts and pistachios in the 1980s, he didn’t own a cellphone. Now, a fully autonomous tractor drives through his expansive orchard, spraying pesticides and fertilizer to protect the trees that have for decades filled him with ...