BERLIN -- The German government said Wednesday that it has agreed to nationalize the country's biggest gas importing company, Uniper, expanding state intervention in the industry to prevent an energy shortage resulting from Rus…
NEW YORK -- Americans picked up their spending a bit in August from July even as surging inflation on household goods, rent and food took a toll on family budgets. U.S. retail sales rose an unexpected 0.3% last month after the fell 0.4% in July, …
WASHINGTON -- U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession. Some of the…
LOS ANGELES -- Californians tried to weather the extremes of a changing climate Friday, as a punishing heat wave that has helped fuel deadly wildfires had the state teetering on the edge of blackouts for a 10th consecutive day while a tropical sto…
NEW YORK -- Stocks drifted mostly lower on Wall Street, extending the market's losses into a holiday-shortened week. The S &P 500 fell 0.6% as of 1:20 p.m. Eastern. It has bounced between a gain of 0.5% and a loss of 1% throughout the day …
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