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AP Business SummaryBrief at 8:16 p.m. EDT

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

AP Business SummaryBrief at 4:21 p.m. EDT

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

Extreme heat drives up food prices. Just how bad will it get?

Grist reports on how "heatflation" could drive up food prices around the world by as much as 3% per year in just over a decade.

LONDON MARKET CLOSE: New York stocks tumble as US data dashes cut hope

New York stocks tumble as US data dashes cut hope

European stocks closed off session highs on Wednesday, while equities in New York struggled, after a robust US inflation reading which potentially pushed the first Federal Reserve rate cut of the.