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Stocks sank broadly on Wall Street, worsening their losses for the week, as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation with higher interest rates. The losses came after two days…

NEW YORK — Stocks that traded heavily or had substantial price changes Thursday: American Express Co., down $2.71 to $172.12. The credit card company raised its dividend and announced a stock buyback program. SVB Financial Group, down $161.79 to $106.04.…

Companies that piled on debt throughout the pandemic and the economic recovery could be in for a tough road ahead as the bills come due. Corporate borrowers will have to pay more of that debt back as refinancing grows more…

HUNTINGTON BEACH, Calif. — California on Thursday sued one of its picturesque coastal cities and accused it of refusing to build more affordable housing, an issue Democratic Gov. Gavin Newsom called the “original sin” of the state's housing shortage. Attorney…

Benchmark U.S. crude oil for April delivery fell 94 cents to $75.72 a barrel Thursday. Brent crude for May delivery fell $1.07 to $81.59 a barrel. Wholesale gasoline for April delivery fell 8 cents to $2.61 a gallon. April heating…

UNITED NATIONS — The United Nations announced Thursday it signed an agreement to purchase a very large vessel that can transfer more than 1 million barrels of crude now stranded in a rusting tanker off the coast of war-torn Yemen.…