The Associated Press
Business News
Supreme Court steps into fight over FCC's $8 billion subsidies for internet and phone services
The Supreme Court has stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power
November 22, 2024Average rate on a 30-year mortgage in the US rises to highest level since July
The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July
November 21, 2024What Trump's reelection means for union workers, according to experts
"It's going to be a dramatic change," one expert said.
November 12, 2024
Latest Business Video
Latest Business Video
Latest Business Headlines
1 hour ago
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
Donald Trump has big plans for the economy
1 hour ago
3 hours ago
Australia withdraws a misinformation bill after critics compare it to censorship
Australia’s government has withdrawn a bill that would give a media watchdog power to monitor digital platforms and require them to keep records about misinformation and disinformation on their networks
3 hours ago
November 24
He'll be the last meatpacker in the Meatpacking District. Here's how NYC's gritty 'hood got chic
The last meatpackers in New York's Meatpacking District have agreed to end their leases early and make way for development on their city-owned lot
November 24
November 23
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
Nigeria faces its worst cost-of-living crisis in a generation after the government ended costly subsidies that made petrol affordable for many in Africa’s most populous country
November 23
November 23
Making sense of the Bitcoin boom
ETF.com Editor-in-Chief Kristin Myers breaks down what you need to know about cryptocurrency before you invest.
November 23
November 23
Tens of thousands of Spaniards protest housing crunch and high rents in Barcelona
Tens of thousands of Spaniards are marching in downtown Barcelona to protest the skyrocketing cost of renting an apartment in the popular tourist destination
November 23
November 23
Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts
Mexico has been taking a bashing for allegedly serving as a conduit for Chinese parts and products into North America
November 23
November 23
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality foreign investment that will generate new jobs
November 23
November 23
Hydrate. Make lists. Leave yourself time. And other tips for reducing holiday travel stress
Travel, especially during the holiday season, can be stressful
November 23
November 22
A $300B a year deal for climate cash at UN summit sparks outrage for some and hope for others
Negotiators will soon decide whether to accept a proposed $300 billion funding package for poor nations to curb and adapt to climate change — a plan hammered out early Sunday by the head of fractured United Nations climate talks
November 22
November 22
What to know about Lori Chavez-DeRemer, Trump's pick for labor secretary
President-elect Donald Trump has named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor, elevating a Republican congresswoman who has strong support from unions in her district but lost reelection in November
November 22
November 22
Trump taps a Fox News personality, a surgeon and a former Congressman to lead public health agencies
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration
November 22
November 22
Trump says former NFL player, White House aide Scott Turner is his nominee for housing and urban development secretary
Trump says former NFL player, White House aide Scott Turner is his nominee for housing and urban development secretary
November 22
November 22
What to know about Scott Bessent, Trump's pick for treasury secretary
President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary
November 22
November 22
Trump has chooses GOP U.S. Rep. Lori Chavez-DeRemer as his nominee to lead the Labor Department
Trump has chooses GOP U.S. Rep. Lori Chavez-DeRemer as his nominee to lead the Labor Department
November 22
November 22
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary
November 22
November 22
Trump says he will nominate former George Soros money manager Scott Bessent to lead the Treasury Department
Trump says he will nominate former George Soros money manager Scott Bessent to lead the Treasury Department
November 22
November 22
Charlotte airport workers voting on whether to strike during busy Thanksgiving travel week
Service workers at Charlotte Douglas International Airport are voting on whether to go on a 24-hour strike around Thanksgiving amid complaints about low wages and poor working conditions
November 22
November 22
Ground beef recalled due to E. coli concern
Wolverine Packing Co. has recalled 167,277 pounds of ground beef due to possible E. coli contamination.
November 22
November 22
How major US stock indexes fared Friday, 11/22/2024
Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average
November 22
November 22
Fox attorneys seek to dismiss shareholder lawsuit over reporting of vote rigging allegations in 2020
Attorneys for Fox Corp. are asking a Delaware judge to dismiss a lawsuit seeking to hold current and former company officials personally liable for the financial fallout from Fox News reports regarding alleged vote rigging in the 2020 election
November 22
November 22
Even with access to blockbuster obesity drugs, some people don't lose weight
Most people taking popular drugs like Ozempic and Wegovy to lose weight have shed significant pounds
November 22
November 22
Supreme Court steps into fight over FCC's $8 billion subsidies for internet and phone services
The Supreme Court has stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone and internet services in schools, libraries and rural areas, in a new test of federal regulatory power
November 22
November 22
Atlantic City casino earnings fall nearly 14% in 3rd quarter
Atlantic City’s casinos saw their operating profits decline by nearly 14% in the third quarter of this year
November 22
November 22
Bitcoin soars to record high in quest to exceed $100,000
The largest cryptocurrency exceeded $98,000 Thursday before falling back down to about $97,600.
November 22
November 22
At least 19 people are sick in Minnesota from ground beef tied to E. coli recall
U.S. health officials say at least 19 people in Minnesota have been sickened by E
November 22
November 22
UPS to pay $45M to US settle charges that it improperly valued its freight division
United Parcel Service Inc. will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday
November 22
November 22
Switzerland bars exports to Polish firm after Swiss-made ammunition ends up in Ukraine
The Swiss government says it is barring exports to a Polish military hardware supplier after concluding that some 645,000 rounds of Swiss-made small-caliber ammunition ended up in Ukraine in violation of Swiss law
November 22
November 22
Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power
Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash
November 22
November 22
German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers' woes
Germany's technology and services company Bosch is cutting its automotive division workforce by as many as 5,500 jobs in the next several years, in another sign of the headwinds hitting the German and global auto industries
November 22
November 22
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
November 22
November 22
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AI
November 22
November 22
Disabled Americans rely on rideshare apps but say they still face discrimination
Disabled rideshare users have for years reported having less access to Lyft and Uber than able-bodied people
November 22
November 22
Apple and Google face UK investigation into mobile browser dominance
A British watchdog says Apple and Google aren't giving consumers a genuine choice of mobile web browsers
November 22
November 22
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company
November 22
November 22
What do hundreds of beavers have to do with the future of movies?
The low-budget movie “Hundreds of Beavers” has turned into a lo-fi legend
November 22
November 22
ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus
Cyprus’ energy minister says ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they’ve discovered close to each other off the island nation’s southern coast
November 22
November 22
McDonald's to expand US value menu as fast food chains battle for bargain seekers
McDonald’s will expand its U.S. value menu early next year as it continues to try to win back inflation-weary customers
November 22
November 22
London's Gatwick Airport re-opens its South Terminal after a suspicious package triggers an alert
London’s Gatwick Airport said it is reopening its South Terminal after police resolved a security alert triggered when a suspicious item was found in a passenger’s luggage
November 22
November 22
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers
November 22
November 22
Japan passes $250B economic package meant to lift wages and spur growth
Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes
November 22
November 22
China is expanding visa-free entry to more countries in bid to boost economy
China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy
November 22
November 22
Indigenous leaders travel to UK from Peru to draw attention to oil damage and banking
Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests
November 22
November 22
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery
November 22
November 22
Australia rejects Elon Musk's claim that it plans to control access to the internet
An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media
November 22
November 22
Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers
November 22
November 22
The Bahamas will refinance part of its debt to protect its famous turquoise waters
The Bahamas says it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation
November 22
November 22
A proposed deal on climate cash at UN summit highlights split between rich and poor nations
A new draft of a deal on money to curb and adapt to climate change released Friday afternoon at the United Nations climate summit pledged $250 billion annually by 2035 from wealthy countries to poorer ones
November 22
November 22
Indonesia's Prabowo plans to retire all fossil fuel plants in 15 years, but experts are skeptical
Indonesian President Prabowo Subianto has announced that his government plans to retire all coal and other fossil fuel-powered power plants within 15 years, while drastically boosting renewable energy capacity
November 22
November 21
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average
November 21