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Nam Y. Huh/ Associated Press (Nam Y.

How lower interest rates will affect consumers’ wallets

Nam Y. Huh/ Associated Press (Nam Y.

September 21, 2024, 6:02am Business

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses. Read story

Colorful Tupperware products are seen in Bellflower, Calif. on Aug. 5, 2011.

Tupperware parties about escape

Colorful Tupperware products are seen in Bellflower, Calif. on Aug. 5, 2011.

September 21, 2024, 6:02am Business

Editor’s Note: Ann T. Anthony (1924-2018), wrote this story for The Associated Press in 1996 when she was 71. She was married in 1946 — the year Tupperware was introduced — and attended Tupperware parties for years. She remembers the parties as events where friends could get together and buy… Read story

Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps

September 20, 2024, 1:49pm Business

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before. Read story

Coffee producer Silvio Elias de Almeida tosses a handful of damaged coffee beans during an inspection of his plantation consumed by wildfires in a rural area of Caconde, Sao Paulo state, Brazil, Wednesday, Sept. 18, 2024.

Brazil drought punishes coffee farms and threatens to push prices even higher

Coffee producer Silvio Elias de Almeida tosses a handful of damaged coffee beans during an inspection of his plantation consumed by wildfires in a rural area of Caconde, Sao Paulo state, Brazil, Wednesday, Sept. 18, 2024.

September 20, 2024, 11:28am Business

Silvio Almeida’s coffee plantation sits at an ideal altitude on a Brazilian hillside, whose clay-rich soil does well at retaining moisture from rainfall and a nearby reservoir. Read story

A motorist drives past La Uva Fortuna Farms east of Battle Ground on Wednesday morning. Owners of the winery announced it will close by year&rsquo;s end.

Battle Ground winery and restaurant La Uva Fortuna to close amid claims of unpaid bills

A motorist drives past La Uva Fortuna Farms east of Battle Ground on Wednesday morning. Owners of the winery announced it will close by year&rsquo;s end.

September 20, 2024, 11:01am Business

The owners of the Battle Ground winery and restaurant La Uva Fortuna Farms, formerly known as Rusty Grape Vineyards, announced Wednesday that they will close their business by year’s end. Read story

Republican presidential nominee former President Donald Trump speaks at the Israeli American Council National Summit, Thursday, Sept. 19, 2024, in Washington.

Trump Media plummets to new low on the first trading day the former president can sell his shares

Republican presidential nominee former President Donald Trump speaks at the Israeli American Council National Summit, Thursday, Sept. 19, 2024, in Washington.

September 20, 2024, 10:39am Business

Shares of Trump Media & Technology Group slumped to their lowest level ever at the opening bell Friday, the first trading day that its biggest shareholder, former President Donald Trump, is free to sell his stake in the company behind the Truth Social platform. Read story

FILE - This May 22, 2017 file photo, shows cooling towers at the Three Mile Island nuclear power plant in Middletown, Pa.

AI may breathe new life into Three Mile Island to supply power to Microsoft’s data centers

FILE - This May 22, 2017 file photo, shows cooling towers at the Three Mile Island nuclear power plant in Middletown, Pa.

September 20, 2024, 10:37am Business

The owner of the shuttered Three Mile Island nuclear power plant said Friday that it plans to restart the reactor under a 20-year agreement that calls for tech giant Microsoft to buy the power to supply its data centers with carbon-free energy. Read story

The 2025 model Hyundai Ioniq 5 electric SUV is seen Tuesday, Sept. 3, 2024, after being unveiled at an auto dealership in Savannah, Ga.

House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales

The 2025 model Hyundai Ioniq 5 electric SUV is seen Tuesday, Sept. 3, 2024, after being unveiled at an auto dealership in Savannah, Ga.

September 20, 2024, 10:35am Business

The GOP-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don't want. Read story