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Money & Markets

Stocks rally on Wall Street in latest volatile move

Wall Street kicked off a busy week of corporate earnings with a broad rally Monday, the latest about-face for a market that has been unsteadily lurching between gains and losses in recent weeks. The S&P 500 climbed 2.6 percent, more than recovering the ground it lost in a sell-off Friday. ...

Officials: Musk seeks US funds for Ukraine satellite network

WASHINGTON— The Defense Department has gotten a request from SpaceX and Tesla founder Elon Musk to take over funding for his satellite network that has provided crucial battlefield communications for Ukrainian military forces since almost the beginning of its war with Russia, U.S. officials ...

Meta hits back in fight with FTC over VR company acquisition

WASHINGTON — Federal regulators and Facebook parent Meta are battling over Meta’s proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural. In a landmark legal challenge to a Big Tech merger, the Federal Trade Commission is suing to block the deal, ...

What spiking US veterinary prices reveal about inflation

WASHINGTON — Most pets hate visiting the vet. Now it’s becoming a lot more unpleasant for their owners, too. America’s worst bout of inflation in four decades has swollen the cost of your dog or cat’s visit to the animal doctor. Prices for vet services have jumped 10 percent in the ...

High court weighs California law on pigs, pork prices

WASHINGTON — The Supreme Court is weighing a California animal cruelty law that pork producers say could upend their industry and raise the cost of their products nationwide. But in arguments Tuesday, the justices seemed to have bigger concerns beyond bacon. Pork producers say ...

Small business group files suit over Biden student loan plan

WASHINGTON — A small-business advocacy group has filed a new lawsuit seeking to block the Biden administration’s efforts to forgive student loan debt for tens of millions of Americans — the latest legal challenge to the program. The suit, filed Monday by the Job Creators Network ...