Business

Big pharma stocks rise as Street reacts to latest presidential tariff plan

Big pharma stocks rise as Street reacts to latest presidential tariff plan

Shares of some big drugmakers rose Friday as Wall Street started sorting out the impact of President Donald Trump’s latest tariff announcement. The president said late Thursday that he would place...

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Fed’s favored inflation gauge accelerates slightly in August

Fed’s favored inflation gauge accelerates slightly in August

WASHINGTON (AP) — The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditur...

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Iraq to resume oil exports from Kurdish region via Turkey’s Ceyhan port

Iraq to resume oil exports from Kurdish region via Turkey’s Ceyhan port

BAGHDAD (AP) — Iraq will resume exporting oil from the country’s northern, semiautonomous Kurdish region through Turkey’s Ceyhan port after exports had been halted for more than two years, officia...

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UN adds 68 companies to blacklist for alleged complicity in rights violations in Israeli settlements

UN adds 68 companies to blacklist for alleged complicity in rights violations in Israeli settlements

GENEVA (AP) — The United Nations has added nearly 70 more companies to a blacklist of companies from 11 countries that it says are complicit in violating Palestinian human rights through their bus...

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Government shutdown avoidable if Democrats ‘dial back’ demands, Thune says

Government shutdown avoidable if Democrats ‘dial back’ demands, Thune says

WASHINGTON (AP) — Senate Majority Leader John Thune is rejecting Democratic demands on health care as unserious but says a government shutdown is still “avoidable” despite sharp divisions ahead of...

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Profit margin on flipping a home is at a 17-year low due to high prices

Profit margin on flipping a home is at a 17-year low due to high prices

LOS ANGELES (AP) — It pays less and less to buy and flip a home these days. From April through June, the typical home flipped by an investor resulted in a 25.1% return on investment, before expens...

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