Business
Anthropic commits 5% of its stock to a new 'public benefit' fund
Anthropic commits 5% of its stock to a new 'public benefit' fund

Anthropic said Sunday it is committing 5% of its shares to a new “public benefit” fund, with the fund's worth potentially increasing as its shares grow in value.

Consumer apprehension grows as US retailers adopt AI-assisted pricing tools
Consumer apprehension grows as US retailers adopt AI-assisted pricing tools

U.S. consumers aren't just frustrated with high prices. They're angry and confused about the increasingly high-tech ways that restaurant chains and major retailers are setting those prices.

Airstrike kills 3 children in Yemen, and other Middle East developments
Airstrike kills 3 children in Yemen, and other Middle East developments

An airstrike killed three children in Yemen and wounded others. Iranian-backed Houthi rebels accused Saudi Arabia of the attack.

Two of MLB's smallest spenders will meet in the World Series for first time since 1991
Two of MLB's smallest spenders will meet in the World Series for first time since 1991

NEW YORK (AP) — When the Milwaukee defeated the mighty, monied Los Angeles Dodgers on Thursday night, they set up the first World Series between two of baseball’s smallest spenders in 35 years — just as team owners are arguing that clubs like the Brewers need a salary cap to compete consistent

US markets are weighed down by an extended sell-off in the tech sector
US markets are weighed down by an extended sell-off in the tech sector

Stocks closed lower on Wall Street as more drops for big tech companies weighed on the market. The S&P 500 lost 1.1% Friday, and the Nasdaq composite sank 2.1%. Both posted their worst week since June. The Dow Jones Industrial Average didn't do as badly, and fell 0.3%. Chip companies pulled back ...

US markets weighed down by extended sell-off in the tech sector
US markets weighed down by extended sell-off in the tech sector

U.S. stock indexes are slipping on Wall Street as more declines for big tech stocks weigh on the market. The S&P 500 slipped 1.1% in afternoon trading Friday. The index is still on track for a weekly loss, and is a bit below the all-time high it set last week. The Dow Jones Industrial Average fel...

US stock indexes are mostly losing ground as the tech sector weighs on the market
US stock indexes are mostly losing ground as the tech sector weighs on the market

U.S. stock indexes are mostly slipping on Wall Street as more declines for big tech stocks weigh on the market. The S&P 500 slipped 0.5% in afternoon trading Friday. The index is still on track for a weekly loss, and is a bit below the all-time high it set last week. The Dow Jones Industrial Aver...

Pope speaks with Putin, denouncing recent attacks as he shows recovery from lung surgery progressing
Pope speaks with Putin, denouncing recent attacks as he shows recovery from lung surgery progressing

Pope Leo XIV has spoken on the phone from the hospital with Russian President Vladimir Putin. He expressed grave concern about attacks in Kherson. The Vatican statement about the call Friday was significant. It showed Leo was well enough to conduct official diplomatic business from the Gemelli ho...

Israeli settlers torch cars and trees in West Bank villages, disrupting Palestinians' olive harvest
Israeli settlers torch cars and trees in West Bank villages, disrupting Palestinians' olive harvest

ABU FALAH, West Bank (AP) — Israeli settlers attacked Palestinian villages across the occupied West Bank on Friday, setting fire to cars and trees and beating residents and a foreign journalist, in the latest violence to disrupt the territory's annual olive harvest this month.

Italy restores air traffic capacity to 75% after network disruption causes delays
Italy restores air traffic capacity to 75% after network disruption causes delays

Italy’s air traffic capacity has recovered to 75% Friday after overnight problems hit the data transmission network supporting air traffic control services nationwide. ENAV ruled out a cyberattack and said operations remained safe. Earlier, the disruption had forced the company to cut capacity by.

IMF-World Bank meetings focus on global risks and potential benefits of AI
IMF-World Bank meetings focus on global risks and potential benefits of AI

BANGKOK (AP) — Guardrails are urgently needed to contain potential risks from the boom in artificial intelligence, the head of the International Monetary Fund said Friday, likening the technology to a Formula 1 race car that might go off the track and run people over.

Italy's air traffic cut 50% after network problems as delays spread nationwide
Italy's air traffic cut 50% after network problems as delays spread nationwide

ROME (AP) — Italy cut in half the number of aircraft that could be handled in its airspace Friday after overnight problems hit the data transmission network supporting air traffic control services nationwide, air navigation company ENAV said. It ruled out a cyberattack.

Spanish-speaking Puerto Rico balks at Trump's proposal to require English at Head Start centers
Spanish-speaking Puerto Rico balks at Trump's proposal to require English at Head Start centers

SAN JUAN, Puerto Rico (AP) — The only English words 4-year-old Alaisha Sandoval knows are courtesy of “Peppa Pig,” but that could soon change.

Fed chair Warsh says price stability is key but shies away from signals about rates
Fed chair Warsh says price stability is key but shies away from signals about rates

BANGKOK (AP) — Federal Reserve Chairman Kevin Warsh said Friday he won’t prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December.

Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warning
Stocks rebound after tech sell-off and Indonesia shares sink on market downgrade warning

HONG KONG (AP) — Asian shares mostly advanced on Friday, a day after a tech sell-off dragged stocks lower, while Indonesia’s stock market plunged following a downgrade warning.

Drone strikes in the Black Sea raise fears of Russian escalation to test NATO's response
Drone strikes in the Black Sea raise fears of Russian escalation to test NATO's response

SOFIA, Bulgaria (AP) — A string of drone attacks on at least seven cargo vessels in the Black Sea this month, off the coasts of NATO members Romania and Bulgaria, has some members of the alliance wondering if Russian President Vladimir Putin is seeking escalation to test their support for Ukraine.

Brazil's Lula wins electoral court challenge against Meta for alleged pro-Bolsonaro algorithm bias
Brazil's Lula wins electoral court challenge against Meta for alleged pro-Bolsonaro algorithm bias

SAO PAULO (AP) — A judge of Brazil's top electoral court ruled on Thursday that Meta must adopt measures to immediately secure equal treatment of the two presidential candidates ahead of an Oct. 25 runoff.

Wall Street muscles higher despite more swings for AI stocks
Wall Street muscles higher despite more swings for AI stocks

U.S. stock indexes muscled higher following a shaky day of trading. The S&P 500 rose 0.3% Thursday after erasing an early-morning loss and pulled closer to its all-time high set last week. The Dow Jones Industrial Average jumped 1.1%, and the Nasdaq composite added 0.1%. Markets had been shaky in...

Canada’s Prime Minister Mark Carney says Alberta separation vote comes at ‘worst time’
Canada’s Prime Minister Mark Carney says Alberta separation vote comes at ‘worst time’

CALGARY, Alberta (AP) — Canadian Prime Minister Mark Carney said Thursday there “couldn’t be a worse time” for oil-rich Alberta to start down a path toward a future referendum on separation from Canada, as he campaigned for national unity in Calgary during advance voting.

Most U.S. stocks rise and steady Wall Street even as AI stocks keep swinging
Most U.S. stocks rise and steady Wall Street even as AI stocks keep swinging

Most of Wall Street is rising and helping to keep indexes steady, even as artificial-intelligence stocks keep swinging sharply on worries about how much longer the AI frenzy will last. The S&P 500 rose 0.2% Thursday after erasing a morning loss and was on track for its second gain in the seven da...

Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills
Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills

Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August. But a big chunk of their spending last month went toward filling the gas tank, according to the Commerce Department’s latest snapshot on retail sales released Thursday. Retail sales increa.

US retail trade group forecasts healthy holiday sales, in part due to inflation
US retail trade group forecasts healthy holiday sales, in part due to inflation

NEW YORK (AP) — Don't count out U.S. shoppers when it comes to shelling out money for the winter holidays despite higher fuel prices and other financial pressures.

Saudi diplomat says Iran encourages Houthi escalation of attacks on the kingdom
Saudi diplomat says Iran encourages Houthi escalation of attacks on the kingdom

CAIRO (AP) — Iran’s government is encouraging the latest escalation in attacks by the Tehran-backed Houthi rebels and doesn’t seem ready to make the needed concessions in the wider war with the United States, one of Saudi Arabia’s top diplomats said Thursday.

Drone strike and fire on ship in Romanian waters raise fears that war in Ukraine is spreading
Drone strike and fire on ship in Romanian waters raise fears that war in Ukraine is spreading

BUCHAREST, Romania (AP) — Romanian authorities launched search and rescue operations off the Black Sea coast Thursday after a drone struck a ship which then caught fire, the latest in a spate of strikes that has raised fears that Russia’s war in Ukraine is spreading.

California orders lenders to report on their handling of insurance payouts to LA fire survivors
California orders lenders to report on their handling of insurance payouts to LA fire survivors

SACRAMENTO, Calif. (AP) — California officials on Thursday will order mortgage lenders, including banks and credit unions, to report on how they have handled insurance payouts to survivors of the 2025 Los Angeles-area fires.

Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years
Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years

Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years.

The rumor mill at work: When gossip protects coworkers and when it backfires
The rumor mill at work: When gossip protects coworkers and when it backfires

NEW YORK (AP) — Stephanie Joseph was working at a television station when someone started a false rumor claiming she and a married colleague were romantically involved.

More drops for AI stocks drag Wall Street lower after whipping around the world
More drops for AI stocks drag Wall Street lower after whipping around the world

A sell-off for artificial-intelligence stocks is hitting Wall Street again after whipping around the world on worries about how much longer the AI frenzy will last. The S&P 500 fell 0.3% Thursday and is on track for a sixth loss in the seven days since setting its all-time high. The weakness for ...

Romanian authorities continue rescue mission after another Black Sea ship fire leaves 7 missing
Romanian authorities continue rescue mission after another Black Sea ship fire leaves 7 missing

BUCHAREST, Romania (AP) — Romanian authorities launched search and rescue operations off the Black Sea coast Thursday after a fire broke out on board a ship, leaving seven people missing. Five people were rescued and hospitalized.

Inflation anxiety drags on AI stocks for a second day as markets point to a mixed open
Inflation anxiety drags on AI stocks for a second day as markets point to a mixed open

Trading on Wall Street is mixed early with tech stocks poised for more declines as earnings season ramps up amid the latest government data showing that inflation remains a problem in the U.S. Futures for the S&P 500 were down 0.2% before the opening bell Thursday, while futures for the Dow Jones...

IMF says African economies performing well despite shocks from the Iran war
IMF says African economies performing well despite shocks from the Iran war

BANGKOK (AP) — African economies have managed to weather fairly well the energy crisis brought on by the Iran war, but a decline in aid has left the continent vulnerable to future shocks, the head of the International Monetary Fund’s Africa department said Thursday.

Heavy rain shuts down Istanbul, causing flooding and 3 deaths
Heavy rain shuts down Istanbul, causing flooding and 3 deaths

ISTANBUL (AP) — A heavy downpour has shut down Istanbul, flooded homes and roads and killed at least three people, officials said Thursday, as rescuers worked overnight to save hundreds of people stranded at their workplaces.

Saudi Arabia says it thwarted a missile strike on Medina, and other Middle East developments
Saudi Arabia says it thwarted a missile strike on Medina, and other Middle East developments

The Saudi -led coalition fighting the Iranian-backed Houthi rebels said Thursday it has thwarted a missile attack on the holy city of Medina as well as another attack in the eastern part of the kingdom.

Taiwan chipmaker TSMC explores Texas investment to expand production in the US
Taiwan chipmaker TSMC explores Texas investment to expand production in the US

HONG KONG (AP) — Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand its chip production in the United States, the advanced chipmaker said after posting another record profit on strong artificial intelligence demand.

Hyundai Santa Fe vs. Nissan Pathfinder, an Edmunds three-row SUV comparison
Hyundai Santa Fe vs. Nissan Pathfinder, an Edmunds three-row SUV comparison

With prices ballooning everywhere, finding a large family vehicle that fits your budget has become harder than ever. That’s why the Hyundai Santa Fe and Nissan Pathfinder are appealing. These two three-row SUVs are priced to undercut most competitors by thousands of dollars, at both the top and b.

Clashes break out for a third day in Albania as anti-government protests swell
Clashes break out for a third day in Albania as anti-government protests swell

TIRANA, Albania (AP) — Clashes between police and student demonstrators protesting against Albania's long-governing Socialist government broke out in the capital Tirana on Thursday in a third consecutive day of violence.

Ukraine resumes attacks on Russian oil refineries, officials say, as US relations teeter
Ukraine resumes attacks on Russian oil refineries, officials say, as US relations teeter

Officials say Ukraine has launched a drone and missile attack on a Russian oil refinery. The strikes came hours after Ukrainian President Volodymyr Zelenskyy said that a brief energy infrastructure truce spurned by Moscow was over, amid deepening tensions with Washington. Russia’s Defense Ministr.

A tech sell-off drags stocks lower as markets in South Korea and Japan sink
A tech sell-off drags stocks lower as markets in South Korea and Japan sink

Global shares mostly decline, led by sharp drops in Asia, as a sell-off in technology stocks deepens. U.S. stocks fell on hotter-than-expected inflation data. In early European trading, Britain's FTSE 100 rises 0.5% after unexpected economic growth in August. France's CAC 40 adds 0.3%, while Germ...

A tech sell-off drags Asian stocks lower as markets in South Korea and Japan sink
A tech sell-off drags Asian stocks lower as markets in South Korea and Japan sink

Asian shares are falling sharply with markets in South Korea and Japan sinking as a sell-off of technology shares deepens. The declines in Asian shares follows losses on Wall Street after hotter-than-expected inflation data in the U.S. South Korea's benchmark Kospi index tumbled nearly 8% Thursda...

Romanian authorities launch rescue after another Black Sea ship fire leaves 8 missing
Romanian authorities launch rescue after another Black Sea ship fire leaves 8 missing

BUCHAREST, Romania (AP) — Romanian authorities launched search and rescue operations off the Black Sea coast Thursday after a fire broke out on board a ship, leaving eight people missing. Four were rescued.

IMF-World Bank meetings draw modest protests in Bangkok over growing inequality
IMF-World Bank meetings draw modest protests in Bangkok over growing inequality

BANGKOK (AP) — Dozens of people marched in Bangkok on Thursday, seeking to draw the attention of world financial leaders to poverty, pollution and other grievances during a meeting of the International Monetary Fund and World Bank.

A deepened tech sell-off drags Asian stocks lower as markets in South Korea and Japan sink
A deepened tech sell-off drags Asian stocks lower as markets in South Korea and Japan sink

HONG KONG (AP) — Asian shares fell sharply Thursday with markets in South Korea and Japan sinking, as a sell-off of technology shares deepened after U.S. stocks fell on hotter-than-expected inflation data.

New China-North Korea bridge opens after more than a decade of delay
New China-North Korea bridge opens after more than a decade of delay

BEIJING (AP) — A new bridge linking China and North Korea opened Thursday after more than a decade of delay, signaling deeper ties between the two countries.

South Korea’s benchmark Kospi index sinks more than 7% as tech sell-off deepens
South Korea’s benchmark Kospi index sinks more than 7% as tech sell-off deepens

HONG KONG (AP) — South Korea’s benchmark Kospi index sank more than 7% on Thursday as a sell-off of technology shares deepened after U.S. stocks fell on hotter-than-expected inflation data.

Brazil's Senate approves a shorter workweek in major win for Lula ahead of runoff
Brazil's Senate approves a shorter workweek in major win for Lula ahead of runoff

SAO PAULO (AP) — Brazil’s Senate approved a constitutional amendment Wednesday to reduce the country's maximum workweek from 44 to 40 hours without a salary cut, a move backed by President Luiz Inácio Lula da Silva, who hopes it will boost his standing against Flávio Bolsonaro in the Oct. 25 p

From behind the podium, White House press secretaries had some memorable moments
From behind the podium, White House press secretaries had some memorable moments

NEW YORK (AP) — It's one of the most high-profile jobs in any presidential administration — the White House press secretary. A bridge between the national political media and the president they're trying to cover, the press secretary is no simple mouthpiece.

Florida wins key ruling allowing it to enforce a law that targets social media use by kids
Florida wins key ruling allowing it to enforce a law that targets social media use by kids

The state of Florida won a key court decision Wednesday that allows it to enforce a ban on social media accounts for kids under 14 and other restrictions.

GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan
GlobalFoundries to open 2 new chip plants in New York with $21 billion in financing from Japan

MALTA, N.Y. (AP) — Computer chip company GlobalFoundries Inc. said Wednesday it plans to open two factories in Malta, New York, financed by an investment of up to $21 billion from Japan.

Yemen's Houthis look to build ballistic missiles with more Chinese supplies, report says
Yemen's Houthis look to build ballistic missiles with more Chinese supplies, report says

Yemen's Iran-backed Houthi rebels are attempting to build a new advanced medium-range ballistic missile system with the help of Chinese parts, according to a new report released Wednesday by a group that tracks the use of weapons in conflict zones.

US stocks drop toward their worst day since July as inflation worsens
US stocks drop toward their worst day since July as inflation worsens

U.S. stocks are dropping toward their worst day since July. The S&P 500 fell 1.3% Wednesday and was on track for a fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average dropped 218 points, and the Nasdaq composite sank 1.9%. A report showing inflation accele...