ANKARA, Turkey (AP) — Turkey's central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring inflation. Citing slowing inflation, the bank's Monetary Policy Committee said it was ...
NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big Tech, which got even ...
For Makenzie Gilkison, spelling is such a struggle that a word like rhinoceros might come out as "rineanswsaurs" or sarcastic as "srkastik." The 14-year-old from suburban Indianapolis can sound out words, but her dyslexia makes the process so draining that she often struggles with ...
TOKYO (AP) — A government-commissioned panel of experts on Wednesday largely supported Japan's new energy policy for the next few years that calls for bolstering renewables up to half of electricity needs by 2040 while maximizing the use of nuclear power as the country seeks to accommodate ...
Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The ...
A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers. The strike, which began Friday in Los Angeles, Chicago and Starbucks' hometown of Seattle, spread Monday to stores in Boston, Dallas and Portland, Ore. Workers ...
