By ROD McGUIRK CANBERRA, Australia (AP) — Australia’s new government on Thursday formally committed to a more ambitious greenhouse gas reduction target of 43% by the end of the decade

SAN FRANCISCO (AP) — California utilities will be fined more than $22 million for the “poor execution” of widespread power shutoffs two years ago that were designed to prevent devastating

By CHRISTOPHER RUGABER WASHINGTON (AP) — Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a

BEIJING (AP) — China’s factory output rebounded in May, adding to a recovery from the latest COVID-induced economic slump after controls that shut down Shanghai and other industrial centers eased.

By JOSH BOAK President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as

By The Associated Press A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create an unspecified market backstop that could

By RICHARD JACOBSEN SAN FRANCISCO (AP) — Internet Explorer is finally headed out to pasture. As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web

By CHRISTOPHER RUGABER WASHINGTON (AP) — The Federal Reserve is expected Wednesday afternoon to announce its largest interest rate hike since 1994 — a bigger increase than it had previously

By JIM HEINTZ MOSCOW (AP) — Organizers of Russia’s showpiece investment gathering are telling foreign participants to be sure to bring cash — not necessarily for making investments, but for

By SAMY MAGDY CAIRO (AP) — Egypt, Israel and the European Union on Wednesday signed a deal to increase liquified natural gas sales to EU countries, who aim to reduce