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Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation. ...

10 people in custody after FBI raids in Indianapolis

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INDIANAPOLIS — Ten people were in custody Wednesday after the FBI conducted raids across Indianapolis as part of an investigation into violence and drug...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

US overdose deaths hit record 93,000 in pandemic last year

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NEW YORK — Overdose deaths soared to a record 93,000 last year in the midst of the COVID-19 pandemic, the U.S. government reported Wednesday. ...

Facebook asks for recusal of FTC head in antitrust probes

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WASHINGTON — Facebook is asking that the new head of the Federal Trade Commission step away from antitrust investigations into the social network giant,...

Ohio communities to mark 100th birthday of late John Glenn

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COLUMBUS, Ohio — John Glenn's birthplace and childhood hometown in Ohio are joining forces to celebrate what would have been the history-making astronaut and...

AP FACT CHECK: Trump stokes Jan. 6 conspiracy theories

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WASHINGTON — Former President Donald Trump is falsely describing the circumstances of Ashli Babbitt's death as he foments conspiracy theories about the siege of...

1st elected Alabama Black Republican: GOP ‘open to everyone’

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PELHAM, Ala. — The first Black Republican elected to the Alabama Legislature since Reconstruction said Wednesday that his election to represent a heavily white...