Some of Thursday’s top business news stories:
The Associated Press
Asian stocks follow Wall St down after Fed inflation report, by Joe McDonald
Wildfires kill at least 26 in eastern Algeria
CNN
US natural gas prices spike to 14-year high. Here’s why, by Matt Egan
US consumers continue to spend, but rising inflation has shifted their priorities, by Martha C. White
The Wall Street Journal
Amazon Tests TikTok-Like Feed in App, by Sebastian Herrera
Target’s Profit Sinks as Retailer Unloads Unwanted Inventory, by Sarah Nassauer
CNBC
Mortgage demand fell last week even as rates declined slightly, by Diana Olick
Bed Bath & Beyond shares fall after investor Ryan Cohen reveals intent to sell entire stake, by Lauren Thomas and Jesse Pound
Reuters
Tesla cuts delivery waiting time for Model Y in China to a minimum of 4 weeks
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