×

Business

UK courts green investment to fuel carbon-cutting plans

LONDON (AP) — The United Kingdom announced plans Tuesday to stop installing home heating that uses fossil fuels by 2035 as the government hosted a meeting aimed at attracting billions of dollars in foreign investment for green projects in Britain. Prime Minister Boris Johnson told the ...

Tech, health care stocks lead Wall Street indexes higher

Health care and technology companies led a broad rally for stocks on Wall Street Tuesday as investors welcomed another batch of encouraging company earnings reports. The S&P 500 rose 0.7%, driving the benchmark index to its fifth straight gain. The Dow Jones Industrial Average rose 0.6% ...

Stocks mixed ahead of busy earnings week

Stocks wobbled to a mixed finish on Wall Street Monday as the market’s momentum slowed down following its best week since July. The muted trading comes ahead of a busy week of corporate earnings that could help investors find a smoother path ahead for stocks after weeks of choppiness. ...

China’s economic growth slows amid declining construction

BEIJING (AP) — China’s economic growth is sinking under pressure from a construction slowdown and power shortages, prompting warnings about a possible shock to its trading partners and global financial markets. The world’s second-largest economy grew by a weaker-than-expected 4.9% over ...

Commerce head out to save US jobs, 1 computer chip at a time

WASHINGTON (AP) — Gina Raimondo only wears watches made by Bulova — a company that laid off her scientist father, closed its Rhode Island factory and moved production to China in 1983. The watches give Raimondo, the U.S. commerce secretary, a sense of mission as President Joe Biden’s de ...

Retail sales climb despite rising prices, supply issues

NEW YORK (AP) — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods. Retail sales rose a seasonally adjusted 0.7% in September from the month before, the ...