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Entravision Communications: Q1 Earnings Snapshot 05/04/2023 04:56pm • SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Entravision Communications Corp. (EVC) on Thursday reported net income of $2 million in its first quarter. On a per-share basis, the Santa Monica, California-based company said it had net income of 2 cents. Earnings, adjusted to extinguish Redfin: Q1 Earnings Snapshot 05/04/2023 04:25pm • SEATTLE (AP) — SEATTLE (AP) — Redfin Corp. (RDFN) on Thursday reported a loss of $60.8 million in its first quarter. The Seattle-based company said it had a loss of 55 cents per share. Losses, adjusted to extinguish debt, came to 93 cents per share. The results beat Wall Street expectations. The California lawmakers OK emergency loans to failing hospitals California lawmakers OK emergency loans to failing hospitals 05/04/2023 02:48pm • SACRAMENTO, Calif. (AP) — Alarmed by the closure of a rural hospital earlier this year, California lawmakers on Thursday voted to loan $150 million to struggling medical centers in the hope of preventing a cascade of similar failures across the state. The only hospital in Madera County closed in D Greater Mid-Atlantic News Digest 1 p.m. 05/04/2023 01:21pm • Here’s a look at how AP’s general news coverage is shaping up for select stories. For up-to-the minute information on AP’s complete coverage of North Carolina, South Carolina, Virginia, Maryland and Delaware, and the rest of the world, visit Coverage Plan at newsroom.ap.org Questions about cov Blue Apron: Q1 Earnings Snapshot 05/04/2023 06:45am • NEW YORK (AP) — NEW YORK (AP) — Blue Apron Holdings Inc. (APRN) on Thursday reported a loss of $17 million in its first quarter. On a per-share basis, the New York-based company said it had a loss of 26 cents. Losses, adjusted to extinguish debt, were 23 cents per share. The meal-kit seller post Fed raises key rate but hints it may pause amid bank turmoil Fed raises key rate but hints it may pause amid bank turmoil 05/04/2023 12:43am • WASHINGTON (AP) — The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and How the gender pay gap affects women's retirement How the gender pay gap affects women's retirement 05/03/2023 08:00pm • Historically, women have earned less than men on average, and this pattern impacts their retirement funds. The median 401(k) account for women is 65% lower than the balance for men, according to recent research from T. Rowe Price. The study found that women and men tend to have the same access to White House warns of recession as debt limit fight drags on White House warns of recession as debt limit fight drags on 05/03/2023 06:29pm • WASHINGTON (AP) — White House economists on Wednesday warned of “severe damage” to the U.S. economy in the event of a debt default, warning that a prolonged default could cause 8.3 million job losses and the stock market to tumble 45%. But the new report from the Council of Economic Advisers s Encore Capital Group: Q1 Earnings Snapshot 05/03/2023 05:26pm • SAN DIEGO (AP) — SAN DIEGO (AP) — Encore Capital Group Inc. (ECPG) on Wednesday reported first-quarter profit of $18.6 million. On a per-share basis, the San Diego-based company said it had net income of 75 cents. Earnings, adjusted for non-recurring costs, were 94 cents per share. The results m How a Fed increase could affect credit card debt, auto loans How a Fed increase could affect credit card debt, auto loans 05/03/2023 05:16pm • NEW YORK (AP) — The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans. On Wednesday, the central bank boosted its benchmark rate by a quarter-point to 5.1%. Rates on credit cards, mortgages and auto loans, wh California companies pay higher taxes for unemployment debt 05/03/2023 04:59pm • SACRAMENTO, Calif. (AP) — One potential consequence of California's ballooning budget deficit: Higher taxes for businesses, with increases possible every year for the next decade. Business owners pay a tax on each of their workers. The money goes into a fund that states use to pay unemployment ben New legislation to counter China pushed by Senate Democrats New legislation to counter China pushed by Senate Democrats 05/03/2023 03:58pm • WASHINGTON (AP) — Senate Democrats launched a new legislative effort Wednesday in one of the few areas that appears to be generating bipartisanship in Congress — taking on China. The aim is to build on last year's bipartisan passage of a bill to boost computer chip production in the United Stat Text of the Federal Reserve's policy statement Wednesday 05/03/2023 02:24pm • WASHINGTON (AP) — Below is the statement the Fed released Wednesday after its policy meeting ended: Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. bankin IMF says inflation to slow growth across Mideast this year IMF says inflation to slow growth across Mideast this year 05/03/2023 02:01am • DUBAI, United Arab Emirates (AP) — Economies across the Middle East and Central Asia will likely slow this year as persistently high inflation and rising interest rates bite into their post-pandemic gains, the International Monetary Fund said Wednesday. The IMF's Regional Economic Outlook blamed Stock market today: Asian markets track Wall Street decline Stock market today: Asian markets track Wall Street decline 05/02/2023 11:54pm • Asian shares declined Wednesday, tracking losses on Wall Street as shares of beleaguered banks tumbled again and worries about the U.S. economy deepened. U.S. futures edged higher while oil prices were little changed. Investors are waiting for the Federal Reserve’s next move on interest rates. Wr
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