World and National News

Dr Pepper buys Peet’s for $18 billion and will split into separate coffee and cold drink sellers

Dr Pepper buys Peet’s for $18 billion and will split into separate coffee and cold drink sellers

NEW YORK (AP) — Keurig Dr Pepper will buy the owner of Peet’s Coffee in an $18 billion (15.7 billion euro) deal, then break itself in two, with one company selling coffee and the other…

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do…

Federal officials to take over inspections when troubled Boar’s Head plant reopens

Federal officials to take over inspections when troubled Boar’s Head plant reopens

By JONEL ALECCIA AP Health Writer Federal inspectors will assume direct oversight of a troubled Boar’s Head deli meat plant when it reopens after last year’s deadly listeria outbreak, U.S. Agriculture Department officials said. The Jarratt,…

Federal officials to take over inspections when troubled Boar’s Head plant reopens

Federal officials to take over inspections when troubled Boar’s Head plant reopens

By JONEL ALECCIA AP Health Writer Federal inspectors will assume direct oversight of a troubled Boar’s Head deli meat plant when it reopens after last year’s deadly listeria outbreak, U.S. Agriculture Department officials said. The Jarratt,…

Powell signals Fed may cut rates soon even as inflation risks remain

Powell signals Fed may cut rates soon even as inflation risks remain

By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but…

Tariffs aren’t keeping Walmart from attracting shoppers and outpacing Target

Tariffs aren’t keeping Walmart from attracting shoppers and outpacing Target

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.…