Wall Street closed out a miserable September on Friday with the S&P 500's worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets.
The benchmark index ended the month with a 9.3% loss and posted its third straight losing quarter.
FRANKFURT, Germany (AP) — Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe's major economies as higher prices undermine consumers' spending power.
WASHINGTON (AP) — Consumers spent a bit more in August than the previous month, a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials.
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Friday announced that oil refineries could start selling more polluting winter-blend gasoline ahead of schedule to ease soaring fuel prices, directly contradicting his own goals for reducing climate pollutants.
The value of an internship is unmistakable. It teaches marketable skills, it builds professional networks, and it helps students test-drive careers.
But the benefits are not available to all: Close to half of all internships are unpaid, putting them out of reach for students who need wages to keep up with their bills, even if the work has nothing to do with their intended careers.
MEXICO CITY (AP) — A massive trove of emails from Mexico’s Defense Department is among electronic communications taken by a group of hackers from military and police agencies across several Latin American countries, Mexico's president confirmed Friday.
LONDON (AP) — Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip shop going in the face of rocketing energy bills and soaring inflation.
LONDON (AP) — Britain’s independent budget watchdog said Friday that it would deliver an initial analysis of the government’s economic plan to Treasury officials next week, putting pressure on Prime Minister Liz Truss to release a document seen as crucial to rebuilding confidence after a sweeping package of unfunded tax cuts triggered turmoil in financial markets.
WASHINGTON (AP) — Federal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials.
Crews are beginning to repair — and in some cases, rebuild — Florida's power grid after the state was pummeled by Hurricane Ian.
Florida Power & Light says it stockpiled enough poles, generators and wire to do the work.
BANGKOK (AP) — Myanmar’s military government accused rebel forces in the eastern state of Kayah of firing at a passenger plane as it was preparing to land Friday, wounding a passenger who was hit by a bullet that penetrated the fuselage.
DETROIT (AP) — An early prototype of Tesla Inc.'s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company's artificial intelligence event Friday.
SANTA FE, N.M. (AP) — Republican nominee for governor Mark Ronchetti sounded a rallying cry for residents who are dissatisfied with crime and public education in a live-broadcast debate Friday, while incumbent Gov.
WASHINGTON (AP) — The Army fell about 15,000 soldiers — or 25% — short of its recruitment goal this year, officials confirmed Friday, despite a frantic effort to make up the widely expected gap in a year when all the military services struggled in a tight jobs market to find young people willing and fit to enlist.
HAVANA (AP) — Groups of Cubans protested Friday night in the streets of Havana for a second night, decrying delays in fully restoring electricity three days after Hurricane Ian knocked out power across the island.
SIOUX FALLS, S.D. (AP) — South Dakota Gov. Kristi Noem indicated Friday during her reelection campaign's lone debate with her Democratic challenger, state lawmaker Jamie Smith, that if reelected she will uphold the state's abortion ban that provides no exceptions for rape or incest.
PORTLAND, Ore. (AP) — Oregon environmental regulators have issued a $2.7 million fine to an electric charging company over accusations it sold fraudulent credits through the agency’s clean fuels program.
BALTIMORE (AP) — Orioles chairman John Angelos said in a memo to team staff members that he looks forward to signing a new lease committing the team to remaining in Baltimore.
SACRAMENTO, Calif. (AP) — Doctors who spread coronavirus lies could be disciplined for unprofessional conduct in California under a law signed Friday by Gov. Gavin Newsom.
HAVANA (AP) — The widespread power outage caused by Hurricane Ian prompted several hundred people to protest in Havana, and a monitoring group said the island's internet service shut down again Friday in what appeared to be an attempt to curb information about the demonstrations from spreading.
BILLINGS, Mont. (AP) — A subsidiary of London-based oil giant BP agreed to finish its cleanup of a 300-square mile (776-square kilometer) site in Montana that's contaminated with arsenic and other pollutants from decades of copper smelting, and to repay the U.S.
TOKYO (AP) — Japanese Prime Minister Fumio Kishida, in telephone call Friday with Ukrainian President Volodymyr Zelenskyy, condemned Russia’s new annexation of parts of Ukraine as illegal and a violation of the country's sovereignty.
MEXICO CITY (AP) — A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their commercial practices has led to bloodshed in Mexico.
WASHINGTON (AP) — President Joe Biden signed into law Friday a bill that finances the federal government through mid-December and provides another infusion of military and economic aid to Ukraine after lawmakers acted to avert a partial government shutdown set to begin after midnight.
THE COLONY, Texas (AP) — Charley Hull has forced herself to work a little harder on the putting and she saw it pay off Friday with eight birdies in her round of 7-under 64 to take the 36-hole lead in The Ascendant LPGA.
NEW YORK (AP) — The New York attorney general’s lawsuit accusing Donald Trump and his company of fraud has been assigned to a state court judge who repeatedly ruled against the former president in related subpoena disputes — including holding him in contempt, fining him $110,000 and forcing him to sit for a deposition.
ALBUQUERQUE, N.M. (AP) — Northern New Mexico residents on Friday celebrated the passage of a government spending bill that includes $2.5 billion in relief for those affected by a historic wildfire sparked earlier this year by the federal government.
There's one thing we can all agree on: Tua Tagovailoa had no business being on the field.
COPENHAGEN, Denmark (AP) — Russian President Vladimir Putin on Friday accused the West of sabotaging Russia-built natural gas pipelines under the Baltic Sea to Germany, a charge vehemently denied by the United States and its allies.
The new world of college athletes getting paid for endorsements has created a rapidly expanding pop-up industry: Brand new nonprofit "collectives” that pay athletes to promote charities.
The collectives are pitched as feel-good partnerships, but they also raise questions.
VANDENBERG SPACE FORCE BASE, Calif. (AP) — A year after its first Alpha rocket had to be destroyed during flight, a new aerospace company had a launchpad abort early Friday in a new attempt to reach orbit and was working to reschedule the mission.
Does the thought of dealing with your debt make you want to go back to bed? More than 1 in 5 Americans (22%) are likely to put off creating a debt payoff plan, according to a June 2022 survey from NerdWallet conducted online by The Harris Poll.
Stocks end September down 9.3%, worst month since March 2020
NEW YORK (AP) — Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020.
ATLANTA (AP) — A Georgia judge rejected an agreement that would have provided a huge property tax break to Rivian Automotive, clouding the upstart electric truck maker's plans to build a plant east of Atlanta.
FLORHAM PARK, N.J. (AP) — Tyler Conklin had childhood dreams of the NBA hardwood, shooting jumpers and dunking at arenas around the country.
His journey took a few twists and dribbles — and he ended up catching passes in NFL stadiums instead.
STUYVESANT, N.Y. (AP) — Harvest season means long days for U.S. farmworkers — but usually no overtime pay. Federal law exempts farms from rules entitling most workers to 1.5 times their regular wage when they work more than 40 hours in a week.
SANTERAMO IN COLLE, Italy (AP) _ Natuzzi SpA (NTZ) on Friday reported a loss of $1.1 million in its second quarter.
On a per-share basis, the Santeramo In Colle, Italy-based company said it had a loss of 11 cents.
Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020.
The S&P 500 fell 1.5% Friday to its lowest level in almost two years. The benchmark index has lost ground for six of the last seven weeks and posted its third straight losing quarter.
WASHINGTON (AP) — The United States and its allies hit back at Russia’s annexation of four Ukrainian regions on Friday, slapping sanctions on more than 1,000 people and companies including arms supply networks as President Joe Biden warned Vladimir Putin he can't "get away with" seizing Ukrainian land.
القدس (أ ب)- أدرج موقع السياحة الإلكتروني “بوكينغ دوت كوم” مستوطنات الضفة الغربية المحتلة على قائمته للتحذير من السفر يوم الجمعة، وذلك بعد سنوات من الضغوط من جانب المسؤولين الفلسطينيين وجماعات حقوق الإنسان.
Stocks that traded heavily or had substantial price changes Friday:
Nike Inc., down $12.21 to $83.12.
The shoe and athletic apparel maker's profitability weakened this summer because it had to offer discounts to clear out suddenly overstuffed warehouses.
ATLANTA (AP) — Georgia Power Co. will pay at least $76 million to settle a lawsuit with a co-owner over who will pay for overruns at the Vogtle nuclear power plant.
القدس (أ ب)- موقع السياحة الإلكتروني “بوكينغ دوت كوم” يضيف مستوطنات الضفة الغربية المحتلة على قائمة تحذير السفر.
HARRISONVILLE, Mo. (AP) — A northwest Missouri man pleaded guilty Friday to killing two brothers from Wisconsin after they came to his farm in 2019 to collect a debt from a cattle contract.
JERUSALEM (AP) — The online travel agency Booking.com added warnings on Friday to listings in the Israeli-occupied West Bank, following years of pressure from Palestinian officials and human rights groups.
Benchmark U.S. crude oil for November delivery fell $1.74 to $79.49 a barrel Friday. Brent crude for November delivery fell 53 cents to $87.96 a barrel.
Wholesale gasoline for October delivery fell 4 cents to $2.47 a gallon.
WASHINGTON (AP) — Vice President Kamala Harris and Treasury Secretary Janet Yellen plan to use this year's Freedman's Bank Forum to highlight how federal coronavirus pandemic relief program funds have helped support Black- and minority-owned businesses.
The Kremlin and Russian state media are aggressively pushing a baseless conspiracy theory blaming the United States for damage to natural gas pipelines in the Baltic Sea in what analysts said Friday is another effort to split the U.S.