AP Top Business News at 4:07 p.m. EDT

Biden at Capitol as Democrats scale back $3.5T plan

Recovery hampered as inflation hits new highs in US, Europe

US auto sales slump, stalled by car computer chip shortage

EXPLAINER: Flood insurance revamp aims for fairer rates

Wall Street climbs but still headed for worst week in months

Lawyer who fought Chevron gets 6-month sentence for contempt

Merck says COVID-19 pill cuts risk of death, hospitalization

Dubai's Expo opens, bringing first world's fair to Mideast

Mexico to reserve future lithium production for government

US factory growth up in September despite supply woes