Associated Press
Latest Stories (410)
FTC sues Amazon over "manipulative" Amazon Prime enrollment and cancellation tactics
Jun 21, 2023
The FTC also alleged that Amazon's leadership slowed or rejected changes that made canceling the Amazon Prime subscription easier.
Fed pauses rate hikes, hints at 2 more potential increases this year
Jun 14, 2023
For the first time in 15 months, the Federal Reserve has kept its key interest rate unchanged.
Debt ceiling deadline is extended to June 5, later than previously estimated, Yellen says
May 26, 2023
Treasury Secretary Janet Yellen said Friday the projected debt ceiling deadline is extended to June 5, four days later than previously estimated.
Fed raises key interest rate but hints it may pause amid bank turmoil
May 3, 2023
The Fed’s rate increases over the past 14 months, aimed at quelling inflation, have elevated the cost of loans and heightened the risk of a recession.
Yellen: U.S. could hit debt limit as soon as June 1
May 1, 2023
The treasury secretary urges Congress to protect nation’s “full faith and credit” by raising the government’s borrowing authority.
Federal Reserve raises key rate by quarter-point despite bank turmoil
Mar 22, 2023
The central bank also signaled that it’s likely nearing the end of its aggressive series of rate hikes.
In his first veto, President Biden defends Labor Department's ESG rule
Mar 20, 2023
Critics say ESG investments allocate money based on political agendas rather than on earning the best returns for savers.
Banks working on rescue plan for First Republic, AP sources say
Mar 16, 2023
A group of Wall Street banks is planning a rescue package of around $30 billion for First Republic Bank, sources told The Associated Press on Thursday.
Meta cuts 10,000 jobs in second wave of layoffs since November
Mar 14, 2023
Meta and other tech companies have been hiring aggressively in recent years but have recently begun to let some of those workers go.
Silicon Valley Bank is seized by U.S. after historic failure
Mar 10, 2023
The bank's failure arrived with incredible speed, with some industry analysts on Friday suggesting it was still likely a wise investment.