WASHINGTON (AP) — U.S. job openings tumbled last month to their lowest level since January 2021, a sign that the labor market is losing some momentum. Still, openings remain well above pre-pandemic levels. The Labor Department reported that the number of job openings dropped to 7.4 million in September from 7.9 million in August. Economists…… MORE
WASHINGTON (AP) — The Biden administration is awarding nearly $3 billion to boost climate-friendly equipment and infrastructure at ports across the country, including in Baltimore, where a deadly bridge collapse killed six construction workers and disrupted commercial shipping traffic for months. President Joe Biden announced the grants Tuesday during a visit to the city’s main…… MORE
OMAHA, Neb. (AP) — The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads. The grants announced Tuesday will go to projects across 41 states and Washington, D.C. Most of the money will go to track…… MORE
NEW YORK (AP) — Donald Trump’s Truth Social is now worth more than Elon Musk’s X. That’s thanks to a recent run-up in the shares of the parent company of the former president’s social media platform. Trump Media & Technology Group is now valued at over $10 billion after its shares more than quadrupled since…… MORE
WASHINGTON (AP) — The U.S. Treasury Department, seeking to keep the Chinese military from gaining an edge in advanced technologies, issued a rule Monday to restrict and monitor American investments in China in artificial intelligence, computer chips and quantum computing. The finalized rule arises from an executive order issued in August 2023 by President Joe…… MORE
LOS ANGELES (AP) — McDonald’s says testing has ruled out beef patties as the source of the outbreak of E. coli poisoning tied to its Quarter Pounders. The company said Sunday it will resume selling Quarter Pounders at hundreds of affected restaurants in the coming week. McDonald’s said in a statement that the U.S. Food…… MORE
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. Prices for crude spiked globally on Oct. 2 after Iran fired nearly 200 missiles into Israel, part of a series of rapidly escalating attacks between Israel and…… MORE
DETROIT (AP) — Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.’s profits this year, causing the company to lower its full-year earnings guidance. That pushed the company’s stock price down 6% in trading after Monday’s closing bell. The automaker reported third-quarter earnings after the markets closed and said its…… MORE
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash. Boeing Co. said Monday that it will offer 90 million in common stock and $5 billion in depositary shares. Last week Boeing…… MORE
NEW YORK (AP) — President Joe Biden has slammed Elon Musk for hypocrisy on immigration after a published report that the Tesla CEO once worked illegally in the United States. The South Africa-born Musk denies the allegation. Biden criticized Musk during a campaign stop in Pittsburgh on Saturday after a Washington Post report on the…… MORE
