Business News

Asian shares are mostly higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction

ESPN’s broadcast of the Connecticut Sun’s game against Caitlin Clark and the Indiana Fever had the highest viewership of a WNBA game on the network

Japan has reported that its economy contracted at an annual rate of 2% in the first quarter of the year, as spending and exports declined

The University of California has $32 billion in assets targeted by students protesting the Israel-Hamas war

Jason Barr believes more and more skyscrapers will be built.

Michelin-starred chef Arturo Rivera Martinez stands over an insanely hot grill at the first Mexican taco stand to get a coveted star

Warren Buffett’s Berkshire Hathaway is disclosing a new $7 billion stake in fellow insurer Chubb

Florida Gov. Ron DeSantis has signed a bill making climate change a lesser priority under state law and banning offshore wind turbines near the state's long coastline

The Port of New Orleans’ president and chief executive officer has resigned to pursue an opportunity in the private sector

U.S. stocks rally to records after encouraging data on inflation as S&P 500, Dow and Nasdaq composite set all-time highs

Benchmark U.S. crude oil for June delivery rose 61 cents to $78.63 per barrel Wednesday

The Justice Department says Boeing has violated terms of a deal that allowed the giant aircraft manufacturer to avoid prosecution for fraud in 2021

Congress has passed a bill that is designed to add more safety inspectors at aircraft factories and to give air travelers automatic refunds for canceled or long-delayed flights

Yemeni authorities have deployed security forces and armored vehicles across the port city of Aden, in preparation for the latest in a series of protests over hours-long electricity outages caused by a shortage of fuel for power stations

Visa has announced major changes to how its credit and debit cards will operate in the U.S. Features in the works will lead to Americans to carry fewer physical cards in their wallets and make the 16-digit credit or debit card number printed on every p...

The head of Brazil’s Petrobras is stepping down after a fight over dividends, sending shares of the state-controlled oil and gas giant tumbling

Officials say a barge has hit a bridge in Galveston, Texas, spilling oil into surrounding waters and closing the only road connecting the city to Pelican Island

A barge has hit a bridge in Galveston, Texas, partially collapsing a rail line and closing only road to a small island

The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon over a billion dollars from the state-owned oil company

The U.S. Department of Education said borrowing costs for new student loans will climb to their highest level in 16 years.

Stocks that traded heavily or had substantial price changes on Wednesday: Petco, Nextracker rise; Dlocal, AMC Entertainment fall

Billionaire businessman and real estate mogul Frank McCourt says he’s putting together a consortium to purchase TikTok’s U.S. business

Consumer prices rose 3.4% in April compared to a year ago.

Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome

Retail sales unchanged in April from March as inflation and higher interest rates curb spending

US inflation eased in April in the first slowdown of 2024

Organizers of Spain’s Princess of Asturias Awards have awarded the prize for the social sciences to Canadian historian and writer Michael Ignatieff

Slovakia’s government approved a plan to build another nuclear reactor in a country that relies heavily on nuclear electricity generation

Used Teslas aren’t as expensive as you might think, especially with the company’s recent price cuts on its new models

The use of a voice-cloning technology marrying old audio clips to an actor's narration is bringing an historic U.S. Supreme Court decision to life

Natural gas producer CNX Resources says it plans to build a $1.5 billion facility at Pittsburgh’s airport to make hydrogen-based fuels

A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and put safeguards around it

Rescuers in southern Poland have recovered the body of a third miner a day after a cave-in in which 12 other workers were hurt

Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction

Indonesian authorities have seeded clouds in a bid to prevent further rainfall after flash floods that hit the country's Sumatra Island over the weekend left at least 67 people dead

Morocco has grown its automotive industry from virtually non-existent to Africa’s largest in less than two decades

Investigators say a man with a long record of dangerous driving told them he smoked marijuana oil and took prescription drugs hours before he sideswiped a bus

YouTube has blocked access to videos of a protest song in Hong Kong to comply with a removal order, days after a court approved an injunction to ban the song in the city

The stars have aligned for the WNBA with Caitlin Clark and Angel Reese joining the ranks of A’ja Wilson, Breanna Stewart, Diana Taurasi and others

Walmart on Tuesday announced layoffs affecting several hundred jobs at the retail giant's campus offices and said it will be requiring most remote workers and personnel in its Dallas, Atlanta and Toronto offices to relocate to office hubs in Bentonvill...

One of the original creators of the artificial intelligence technology behind ChatGPT says he is leaving the company after a nearly decade

The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft

Justice Dept. tells judge that Boeing has violated agreement that shielded it from prosecution after 737 Max crashes

Former NFL coach Jon Gruden has lost a Nevada Supreme Court ruling in a contract interference and conspiracy lawsuit he filed against the league after he resigned from the Las Vegas Raiders in 2021

Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team

New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers

Stocks ended higher on Wall Street, sending the Nasdaq composite to another record

The Vermont legislature has passed one of the strongest data privacy measures in the country, aimed at cracking down on companies’ use of online personal data

The Cannes Film Festival is hallowed ground in cinema but understanding its unique landscape can be confounding

Benchmark U.S. crude oil for June delivery fell $1.10 to $78.02 per barrel Tuesday