Category Business

WASHINGTON — Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in June, according to the minutes of their May 2-3 meeting released Wednesday. “Several (policymakers) noted if the…

Facebook parent Meta is slashing 10,000 jobs, about as many as the social media company announced late last year in its first round of cuts, as uncertainly about the global economy hits the technology sector particularly hard. The company announced…

Dr. Vivek Murthy, the U.S. surgeon general, is calling for “immediate action” by tech companies and lawmakers to protect kids’ and adolescents’ mental health on social media. But after years of middling and insufficient action by both social media platforms…

WASHINGTON — They are now among the most powerful women in Congress. But when they were first elected in the 1990s, they were often overlooked, or even talked down to. Rep. Kay Granger, R-Texas, remembers that men would avoid asking…

SAN FRANCISCO — Two airliners aborted landings at San Francisco International Airport last week after pilots spotted a Southwest Airlines jet taxiing across runways on which the other planes had been cleared to land. An air traffic controller told the…

BUFFALO, N.Y. — A frigid winter storm killed at least 18 people as it swept across the country, knocking out power to hundreds of thousands of homes and businesses and leaving millions of people on edge about the possibility of…

WASHINGTON — Federal health advisers said Wednesday that a decades-old birth control pill should be sold without a prescription, paving the way for a likely U.S. approval of the first over-the-counter contraceptive medication. The panel of FDA advisers voted unanimously…

LONDON — British energy giant BP posted a strong quarterly profit on Tuesday even as oil and natural prices that soared after Russia’s war in Ukraine last year have eased off. London-based BP said it earned $5 billion in underlying…