Two teens arrested, charged in connection to murders of 15-year-old, 18-year-old in Newport News

NEW YORK (AP) — U.S. stocks are sinking on worries that Friday’s good news on the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high. The S&P 500 was down 0.8% in early trading and on track for its fourth losing week in […]

DETROIT (AP) — The Honda Civic hybrid won the 2025 North American Car of the Year award, while the Ford Ranger took the crown for the truck honors, and Volkswagen ID. Buzz won the utility award. The honors, announced Friday morning during an Automotive Press Association event kicking off the North American International Auto Show […]

WASHINGTON (AP) — U.S. hiring picked up unexpectedly in December as employers added a strong 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates. Job growth rose 212,000 last month from November, the Labor Department reported Friday. For all of 2024, the economy added 2.2 million jobs, a solid […]

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business. The company, beset by shrinking prescription reimbursement, rising costs and other problems, had announced in announced in October a plan to close around 1,200 locations. Walgreens said Friday that […]

Constellation is buying natural gas and geothermal power provider Calpine for $16.4 billion, joining together two of the country’s biggest power companies. The acquisition would create the nation’s leading retail electric supplier, serving 2.5 million customers, the companies said Friday. It’s geographic footprint will span the continental U.S. and include a significantly expanded presence in […]

Delta Air Lines topped profit and revenue expectations in the fourth quarter on strong demand during the crucial holiday period. Delta said Friday that travel demand picked up throughout the quarter. During November and December, the airline said that it saw four of the top 10 revenue days in its history and double-digit growth in […]

UNITED NATIONS (AP) — The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025, the United Nations said Thursday. In “World Economic Situation and Prospects 2025,” U.N. economists wrote that their positive prediction was driven by the strong although slowing growth forecast for China […]

SACRAMENTO, Calif. (AP) — The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk. The wind-driven blazes that started Tuesday roared through neighborhoods from the Pacific Coast inland to […]

Major fires across Los Angeles this week have killed at least five people, forced 180,000 to flee their homes, and destroyed thousands of structures. Here are some of the organizations accepting support for those impacted: Children Project Camp: The Los Angeles-based organization runs trauma-informed pop-up day camps for children displaced or out of school due […]

BANGKOK (AP) — World shares were mixed on Thursday as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter. London’s FTSE 100 climbed 0.8% to 8,319.69 as the value of the British pound slid against the U.S. dollar amid worries about the United Kingdom’s economy and […]

ALBANY, N.Y. (AP) — New York Gov. Kathy Hochul on Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state. In a statement, Hochul said she would propose legislation this year that would require a 75 day waiting period before […]

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.93% from 6.91% last week, according to mortgage giant Freddie Mac. It was at 6.66% a year ago. It has risen for four straight weeks. The uptick in […]

NEW YORK (AP) — Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September 2024, according to the Financial Times, citing data analyzed by BankRegData. With high levels of credit card debt and high inflation, […]

NEW YORK (AP) — When Justin Stewart started his career, he juggled several jobs to make ends meet. He poured himself into his full-time role as a news show production assistant from 3 a.m. until noon. Then he rushed to the airport where he rented cars or to the big box stores where he pulled […]

NEW YORK (AP) — Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast. S&P Global Mobility expects global sales of 15.1 million battery electric vehicles in 2025, which would mark a 30% jump. Battery electric vehicles are expected to make up 16.7% of […]

LONDON (AP) — The new year is always a good time to make a fresh start — including with your email inbox. To kick off 2025 with a clean slate, why not clear out all those unnecessary and unwanted messages? If you’re anything like me, you’ll have piles of messages that have been accumulating in […]

WASHINGTON (AP) — President-elect Donald Trump likes the idea of “one, big beautiful bill” for his top legislative priorities, but he emerged from a lengthy closed-door meeting with Republican senators late Wednesday open to other strategies as GOP leaders strain to develop a plan before the party gains full power in Washington. Trump said it […]

U.S. longshoremen reached a contract agreement with ports and shippers Wednesday, averting a potential strike that could have damaged the American economy. The International Longshoremen’s Association union and the U.S. Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week ahead of a Jan. 15 […]

WASHINGTON (AP) — The Service Employees International Union is returning to the AFL-CIO after 20 years, betting that a united labor movement will do more to help workers overcome legal challenges to organize and join unions. The union groups’ executive boards each unanimously approved the combination on Wednesday, with plans to formally announce the affiliation […]

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s new governor appointed a so-called energy czar on Wednesday to help pull the U.S. territory out of a power-supply crisis. The nomination of Josué Colón comes days after a massive blackout hit the island, leaving nearly all its 3.2 million inhabitants in the dark as they prepared […]