National Business - The Morning Sun

U.S. Treasury Secretary Janet Yellen speaks during a roundtable discussion at Dinokeng Game Reserve in Hammanskraal, north of Pretoria, South Africa, Wednesday, Jan. 25, 2023, as part of a Treasury ten-day tour of Africa, with stops in Senegal, Zambia and South Africa. (AP Photo/Themba Hadebe)

Yellen warns of 'catastrophe' if debt limit not raised

Treasury Secretary Janet Yellen is warning that the U.S. faces “economic catastrophe” if Congress and the White House don’t take action to raise the federal debt limit. Yellen made the remark … more

By FATIMA HUSSEIN | 2/14/23

FILE - Greenpeace activists protest with a banner reading "Future" on a big scale with a SUV car during the Supervisory Board meeting of car maker Volkswagen AG in Wolfsburg, Germany, on Dec. 9, 2021. A German court on Tuesday, Feb. 14, 2023, rejected a lawsuit by environmental group Greenpeace aiming to force automaker Volkswagen to stop selling vehicles with combustion engines by 2030. (AP Photo/Martin Meissner)

German court rejects Greenpeace lawsuit against automaker VW

A German court has rejected a lawsuit by environmental group Greenpeace that aimed to force automaker Volkswagen to stop selling vehicles with combustion engines by 2030. The civil case echoes … more

2/14/23

FILE - A Kia which was damaged after being stolen is seen at an auto repair shop in Milwaukee on Wednesday, Jan. 27, 2021. Automakers Hyundai and Kia are offering software updates for millions of their vehicles that are missing a “key” anti-theft device, an issue that was exploited on social media and led to rampant theft of the cars. The National Highway Traffic Safety Administration said Tuesday, Feb. 14, 2023 that the software updates the theft alarm software logic to extend the length of the alarm sound from 30 seconds to one minute and requires the key to be in the ignition switch to turn the vehicle on. (Angela Peterson/Milwaukee Journal-Sentinel via AP)

Hyundai, Kia update security after TikTok challenge thefts

Hyundai and Kia are rolling out software updates to stem a raft of auto thefts related to a TikTok challenge that authorities believe has led to at least 14 reported crashes and eight fatalities. The … more

By MICHELLE CHAPMAN | 2/14/23

Ryan Johnson, left, poses with Anna Craven outside their home, Friday, Feb. 10, 2023, in Nashua, N.H. The recently engaged couple have also established a transparent financial relationship including being open about individual budgets and having mutual financial goals. Talking about money with your significant other might not be the most romantic topic, but it's a key element of a healthy relationship. (AP Photo/Charles Krupa)

Valentine's Day tips for talking about money as a couple

Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Emily Simonia is head of clinical … more

By ADRIANA MORGA | 2/14/23

FILE - A sign hangs outside the Internal Revenue Service building in Washington, on May 4, 2021. The IRS issued guidance Friday, Feb. 3, 2023, recommending that taxpayers hold off on filing their tax returns for 2022 if they received a special tax refund or payment from their state last year due to the agency’s uncertainty about the taxability of the payments. (AP Photo/Patrick Semansky, File)

IRS nominee faces herculean challenge of modernizing agency

A familiar face is positioned to take on the monumental task of rebuilding the understaffed and underappreciated IRS. Danny Werfel has been nominated to take over the agency, which is struggling with … more

By FATIMA HUSSEIN | 2/14/23

Consumer Financial Protection Bureau director Rohit Chopra, left, accompanied by President Joe Biden, right, speaks at a meeting with his Competition Council on the economy and prices in the East Room of the White House in Washington, Wednesday, Feb. 1, 2023. (AP Photo/Andrew Harnik)

18% drop since 2020 in people reporting medical debt

The number of people with medical debt on their credit reports fell by 8.2 million — or 17.9% —between 2020 and 2022. That's according to a new report Tuesday from the U.S. Consumer Financial … more

By JOSH BOAK | 2/14/23

FILE - Lael Brainard, President Joe Biden's nominee to be Vice Chair of the Federal Reserve, speaks during an event in the South Court Auditorium on the White House complex in Washington on Nov. 22, 2021. Brainard highlighted signs that inflation is cooling on Thursday, Jan. 19, 2023, and said last month's smaller interest rate hike will help the Fed adjust its policy as higher borrowing costs begin to restrict growth. (AP Photo/Susan Walsh, File)

AP source: Biden to name Brainard to head Economic Council

President Joe Biden plans to name Federal Reserve Vice Chair Lael Brainard as the new director of his National Economic Council. That would make the Ph.D. economist a key point person for … more

By CHRISTOPHER RUGABER and JOSH BOAK | 2/14/23

Bottles of Coca-Cola are on display at a grocery market in Uniontown, Pa, on Sunday, April 24, 2022. Coca-Cola raised prices to offset inflation and on Tuesday, Feb. 14, 2023, it said that it didn't dent demand for its drinks during the fourth quarter. (AP Photo/Gene J. Puskar)

Higher prices for Coke products does not dent demand in Q4

Coca-Cola has raised prices to offset inflation, but said that did not impact demand for its drinks during the fourth quarter. The beverage giant said its revenue rose 7% to $10.1 billion. That was … more

By DEE-ANN DURBIN | 2/14/23

FILE - The new Airbus A320neo takes off for its first test flight at Toulouse-Blagnac airport, southwestern France, Thursday, Sept. 25, 2014. The owner of Air India announced a deal Tuesday Feb.14, 2023 to buy 250 Airbus jets, including A350 wide-body planes and A320neo single-aisle planes in a deal worth billions of dollars. Air India, owned by Tata Group, is reportedly considering a similar order for Boeing as part of expansion efforts. (AP Photo/Frederic Lancelot, File)

Air India orders 250 Airbus jets as air travel demand swells

Air India’s owner is buying 250 Airbus passenger jets in a mammoth order that underlines the surging demand for air travel fueled by the country’s swelling middle class. The airline's owner said … more

2/14/23

FILE - Toyota's Shoichiro Toyoda makes remarks at the Woodrow Wilson Center for Scholars in Washington, Wednesday, Sept. 12, 2007, during a forum on the Toyota Motor Corp. and the U.S., past and future. Toyoda, who as a son of the company's founder oversaw Toyota's expansion into international markets has died. He was 97. (AP Photo/Lawrence Jackson, File)

Toyota founder's son, who led global growth, dies at 97

Shoichiro Toyoda, who as a son of the company’s founder oversaw Toyota’s expansion into international markets, has died. He was 97. The company said Toyoda, its honorary chairman, died Tuesday of … more

By YURI KAGEYAMA | 2/14/23

FILE — Liverpool goalie Andy Longergan (75) dives to make a save as Sevilla's Ocampos Lucas Ariel (25) tries to score past him and Liverpool's Andy Robertson (26) during the first half of a friendly soccer match at Fenway Park, July 21, 2019, in Boston. Fenway Park has kept busy in the offseason with hockey, football and other events that have turned one of baseball's crown jewels into a year-round venue. (AP Photo/Mary Schwalm, File)

Red Sox ballpark turns back to baseball after busy winter

Fenway Park is getting ready for baseball again after perhaps its busiest offseason ever. Even with no Red Sox playoffs, the 110-year-old ballpark had the turnstiles spinning with the NHL's Winter … more

By JIMMY GOLEN | 2/14/23

Paige Pritchard, a spending coach who shares financial advice on TikTok, poses for a photo in her home office, Thursday, Feb. 9, 2023, in Coppell, Texas. At a time when consumers are inundated with so-called social media influencers peddling the latest products online, a slew of TikTok users are leveraging their platforms to tell people what not to buy instead. Pritchard said she chose her career path after blowing her entire $60,000 salary on clothing, beauty and hair products in the first year after she graduated from college. (AP Photo/Tony Gutierrez)

TikTok 'de-influencers' want Gen Z to buy less - and more

A slew of TikTok users are using their platforms to encourage people to buy less, not more. It’s called “de-influencing,” where TikTokers tell their followers which products aren’t worth the … more

By HALELUYA HADERO and ALI SWENSON | 2/14/23

Sultan al-Jaber, the CEO of Abu Dhabi National Oil Co., talks during the World Government Summit in Dubai, United Arab Emirates, Tuesday, Feb 14, 2023. The United Arab Emirates' pick to lead the upcoming COP28 climate talks in Dubai called on the world Tuesday to "fight climate change, not each other," directly addressing the anger activists have felt over his selection. (AP Photo/Kamran Jebreili)

UAE's COP28 leader: 'Fight climate change, not each other'

The United Arab Emirates’ pick to lead the upcoming COP28 climate talks in Dubai has called on the world to “fight climate change, not each other.” His comments Tuesday directly address the … more

By JON GAMBRELL | 2/14/23

A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Tuesday, Feb. 14, 2023. Asian shares mostly rose Tuesday, boosted by a rally on Wall Street, as investors waited for U.S. consumer price data due out later in the day. (AP Photo/Lee Jin-man)

Asian shares mostly rise ahead of key US inflation report

Asian shares are mostly higher, boosted by a rally on Wall Street, although investors kept their eyes on the upcoming U.S. consumer price data for signs of inflation. Benchmarks rose in Tokyo, … more

By YURI KAGEYAMA | 2/14/23

Reports: T-Mobile users experience service outages across US

Customers of wireless provider T-Mobile US Inc. reported widespread service outages in the U.S. late Monday. Posts on Downdetector.com and Product-Reviews.net indicated T-Mobile service outages in … more

2/14/23

FILE - People walk on the sand near the shuttered San Onofre nuclear power plant in San Clemente, Calif., on June 30, 2011. The U.S. government has long struggled to find a permanent solution for storing or disposing of spent nuclear fuel generated by the nation's commercial nuclear power plants, and opposition in the Southwestern U.S. is flaring up again as New Mexico lawmakers debated a bill that would ban construction of such a facility without state consent. (AP Photo/Lenny Ignelzi, File)

New Mexico may seek veto power over spent nuke fuel storage

The New Mexico Senate approved a proposed ban on the local disposal of spent nuclear fuel, unless the state provides its consent first. The bill from Democratic state Sen. Jeff Steinborn, of Las … more

2/13/23

FILE - In this Sept. 23, 2015 file, photo, Central Illinois farmers deposit harvested corn on the ground outside a full grain elevator in Virginia, Ill. Mexico appeared to have backed down Monday, Geb. 13, 2023, on plans to ban imports of U.S. genetically modified corn for animal feed. (AP Photo/Seth Perlman, File)

Mexico softens plan to ban imports of US GM feed corn

Mexico appears to have backed down on plans to ban imports of U.S. genetically modified corn for animal feed. Mexico's Economy Department said a new decree on the issue was published Monday that … more

2/13/23

A boat cruises past a coal barge on Mahakam River in Samarinda, East Kalimantan, Indonesia, Monday, Dec. 19, 2022. Indonesia, one of the world's largest coal-producing countries, has agreed to drastically reduce its reliance on fossil fuels in the coming decades. (AP Photo/Dita Alangkara)

Indonesia promises move to clean energy, but challenges loom

Indonesia, one of the world's largest coal-producing countries, has agreed to drastically reduce its reliance on fossil fuels in the coming decades. Assistance is coming from several energy … more

By VICTORIA MILKO and SIBI ARASU | 2/13/23

FILE - An aerial photo of the Diablo Canyon Nuclear Power Plant, south of Los Osos, in Avila Beach, Calif., is seen on June 20, 2010. California's last operating nuclear power plant could get a second lease on life. At the urging of Gov. Gavin Newsom, owner Pacific Gas & Electric is taking steps it hopes will extend the operating licenses for the twin reactors, which now expire in 2024 and 2025. (Joe Johnston/The Tribune via AP, File)

Bid to keep California reactors running faces time squeeze

A late-hour attempt to extend the life of California’s last nuclear power plant is facing a time squeeze. A state analysis Monday predicted it will take federal regulators until late 2026 to act on … more

By MICHAEL R. BLOOD | 2/13/23

This cover image released by Simon & Schuster shows "All the Beauty in the World: The Metropolitan Museum of Art and Me" by Patrick Bringley. (Simon & Schuster via AP)

Review: Grieving guard finds solace amid the art at the Met

When Patrick Bringley’s older brother died, it upended his life. He quit his glamorous desk job at the New Yorker and went to work as a guard at the Metropolitan Museum of Art. His reflections on … more

By ANN LEVIN | 2/13/23