Business News

Latest Business Video

Latest Business Headlines

1 hour ago

In rural Alaska, a village turns to solar and biomass energies to cut diesel and save money

On a former military base in Galena, Alaska, a school that houses about 200 high school students teaches sustainability among many things
1 hour ago
A student from the Galena Interior Learning Academy enters a gym during a graduation ceremony for the school Wednesday, May 21, 2025, in Galena, Alaska. (AP Photo/John Locher)
2 hours ago

US unemployment claims dipped to 245,000 last week, hovering at historically low levels

The number of Americans applying for unemployment benefits dipped to 245,000 last week amid uncertainty over President Donald Trump’s trade policies
2 hours ago
FILE - A hiring sign is displayed at a retail store in Chicago on Monday, March 11, 2024. (AP Photo/Nam Y. Huh, File)
3 hours ago

UK inflation eases by less than anticipated ahead of Bank of England rate decision

Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate
3 hours ago
FILE - A woman walks past a shop offering a clearance sale in Richmond southwest London, Thursday, March 27, 2025. (AP Photo/Alastair Grant, File)
June 18

EU's top diplomat warns Russia has a plan for long-term aggression against Europe

The European Union's top diplomat says Russia's massive military spending suggests that President Vladimir Putin plans to use his armed forces again elsewhere in the future
June 18
European Union foreign policy chief Kaja Kallas addresses the media at EU headquarters in Brussels, Tuesday, June 10, 2025. (AP Photo/Geert Vanden Wijngaert)
June 18

Fed expected to hold interest rates steady, defying Trump

The Fed has pursued a patient approach as it awaits the effects of tariffs.
June 18
A view from the United States Federal Reserve Building in Washington D.C., June 14, 2023.
June 18

Volcanic eruption in Indonesia forces evacuations and flight cancelations

Indonesia’s Mount Lewotobi Laki Laki has erupted with giant ash and smoke plumes again after forcing evacuations of villages and flight cancelations, including to and from the resort island of Bali
June 18
Volcanic smoke billows from Mount Lewotobi Laki-Laki during an eruption, as seen from Lembata, Indonesia, Tuesday, June 17, 2025. (AP Photo/Andre Kriting)
June 18

Japan records trade deficit as exports suffer from Trump's tariffs

Japan has reported its exports fell in May as shipments of autos to the U.S. dropped nearly 25% from a year earlier due to higher tariffs imposed by President Donald Trump
June 18
Tokyo Tower is seen amid tall buildings as a container ship leaves a cargo terminal in Tokyo, Wednesday, April 9, 2025. (AP Photo/Hiro Komae)
June 18

Firms led by US military veterans deliver aid, alarming humanitarian groups

In Gaza and Africa, U.S. contracting firms led by former American intelligence and military officers are taking on aid delivery in conflict zones
June 18
FILE - A Palestinian shouts to the camera in Arabic, "We get food with the taste of death and blood," as he carries a bag containing food and humanitarian aid packages delivered by the Gaza Humanitarian Foundation, a U.S.-backed organization, in Rafah, southern Gaza Strip, Tuesday, June 10, 2025. (AP Photo/Abdel Kareem Hana, File)
June 18

Asian shares are mixed and oil prices rise as escalating Iran-Israel crisis hits Wall Street

Asian shares are mixed and oil prices have advanced after the escalation of conflict in the Middle East hit Wall Street
June 18
Trader Robert Gasparino works on the floor of the New York Stock Exchange, Tuesday, June 10, 2025. (AP Photo/Richard Drew)
June 18

Judge could advance Purdue Pharma's $7B opioid settlement after all 50 states back it

A judge is being asked to clear the way for local governments and individual victims to vote on OxyContin maker Purdue Pharma’s plan to settle thousands of lawsuits over the toll of opioids
June 18
FILE - Pills spill in an arrangement photo of prescription Oxycodone in New York. (AP Photo/Mark Lennihan, File)
June 17

Colombia's Senate approves labor bill that would mean more pay and protections for workers

Colombia’s Senate has approved a labor bill that is expected to grant workers more overtime pay while making it harder for companies to hire employees on short-term contracts
June 17
Colombia's President Gustavo Petro speaks at a rally to garner support for a referendum on labor reform, in Cali, Colombia, Wednesday, June 11, 2025. (AP Photo/Santiago Saldarriaga)
June 17

Civil rights agency's acting chief to face questions on anti-DEI, transgender stances

The acting chief of the country’s top agency for enforcing worker rights will face questions at a Senate committee hearing Wednesday over her efforts to prioritize anti-diversity investigations while sidelining certain racial and gender discrimination ...
June 17
FILE - The emblem of the U.S. Equal Employment Opportunity Commission (EEOC) is shown on a podium in Vail, Colo., Feb. 16, 2016. (AP Photo/David Zalubowski, File)
June 17

Trump tax bill would widen deficits by $2.8T after factoring in economic impacts, CBO says

President Donald Trump’s tax and budget bill would increase deficits by $2.8 trillion over the next decade after factoring in other economic effects
June 17
President Donald Trump speaks at a military parade commemorating the Army's 250th anniversary Saturday, June 14, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
June 17

Argentine ex-President Cristina Fernández de Kirchner allowed to serve corruption sentence at home

A federal court in Argentina has granted former Argentine President Cristina Fernández de Kirchner’s request to serve a six-year prison sentence for corruption at home
June 17
A supporter of Argentina's former President Cristina Fernandez uses a boom to paste a photo of her on the wall outside her home after the nation's Supreme Court upheld Fernandez's corruption conviction in Buenos Aires, Argentina, Tuesday, June 17, 2025. (AP Photo/Natacha Pisarenko)
June 17

Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

Brazil has auctioned off several land and offshore potential oil sites near the Amazon River, aiming to expand production in untapped regions despite protests from environmental and Indigenous groups
June 17
An protester wearing a whale mask holds a sign that reads in Portuguese, "No oil in the Amazon" to demonstrate against the auction of dozens of oil blocks, including blocks near the mouth of the Amazon River, in Rio de Janeiro, Tuesday, June 17, 2025. (AP Photo/Silvia Izquierdo
June 17

FDA to offer faster drug reviews to companies promoting 'national priorities'

The Food and Drug Administration says it will begin offering faster reviews to new medicines that align with Trump administration priorities for Americans' health
June 17
FILE - Food and Drug Administration (FDA) commissioner Marty Makary speaks during a news conference at the Hubert Humphrey Building Auditorium in Washington, April 22, 2025. (AP Photo/Jose Luis Magana, file)
June 17

Trump suggests he'll extend deadline for TikTok's Chinese owner to sell app

President Donald Trump has suggested that he would likely extend a deadline for TikTok’s Chinese owner to divest the popular video sharing app
June 17
FILE - The TikTok app logo is shown on an iPhone on Friday, Jan. 17, 2025, in Houston. (AP Photo/Ashley Landis, File)
June 17

Kraft Heinz pulling certain artificial dyes from its US products in 2027

Kraft Heinz will be pulling certain artificial dyes from its U.S. products starting in 2027 and will no longer roll out new products with the dyes
June 17
FILE - The H.J Heinz Co. headquarters is seen on Pittsburgh's northside on Friday, Nov. 9, 2001. (AP Photo/Keith Srakocic, File)
June 17

US retail sales fall as Americans turn cautious after spending early to beat tariffs

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports
June 17
FILE - A Tariff Free sign to attract vehicle shoppers is at an automobile dealership in Totowa, N.J., on April 30, 2025. (AP Photo/Ted Shaffrey)
June 17

North Korea plans to send military construction workers and deminers to Russia

North Korea will send thousands of military construction workers and deminers to Russia
June 17
In this photo provided by the North Korean government, North Korean leader Kim Jong Un, front right, meets with Russian Security Council Secretary Sergei Shoigu, left, at the headquarters of the ruling Workers' Party in Pyongyang, North Korea, Tuesday, June 17, 2025. Independent journalists were not given access to cover the event depicted in this image distributed by the North Korean government. The content of this image is as provided and cannot be independently verified. Korean language watermark on image as provided by source reads: "KCNA" which is the abbreviation for Korean Central News Agency. (Korean Central News Agency/Korea News Service via AP)
June 17

LeBron stars in Amazon ad, credits family for historic 23rd season return while nursing knee injury

LeBron James may be daydreaming about Prime Day deals in his new Amazon commercial, but there’s no fantasy when it comes to his real-life focus: getting his knee healthy in time for training camp
June 17
FILE - Los Angeles Lakers forward LeBron James appears during the first half of an NBA basketball game against the Utah Jazz, on Feb. 10, 2025, in Los Angeles. (AP Photo/Mark J. Terrill, File)
June 17

Oil prices rise, US futures fall as Israel urges Tehran residents to evacuate

Share prices have fallen in Europe and Asia after Israel's military issued an evacuation warning to 330,000 people in Iran's capital Tehran
June 17
Traders Drew Cohen, left, and Joseph Lawler, center, work with specialist Patrick King on the floor of the New York Stock Exchange, Tuesday, June 10, 2025. (AP Photo/Richard Drew)
June 17

Senate expected to pass crypto bill without addressing Trump's investments

The Senate is voting on legislation regulating a form of cryptocurrency called stablecoins
June 17
Senate Committee on Appropriations subcommittee Chairman Sen Bill Hagerty R-Tenn., questions Securities and Exchange Commission (SEC) Chairman Paul Atkins, during a hearing to examine proposed budget estimate for fiscal year 2026 for the SEC, on Capitol Hill, Tuesday, June 3, 2025, in Washington. (AP Photo/Manuel Balce Ce.neta)
June 16

Louisiana is poised to hike its sports betting tax to help colleges pay their athletes

Louisiana soon could raise taxes on sports betting to help finance the athletic departments at many of its public universities
June 16
FILE - Preparations are made outside Tiger Stadium before an NCAA football game between LSU and Northwestern State in Baton Rouge, La, Sept. 14, 2019. (AP Photo/Patrick Dennis, File)
June 16

Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump's big bill

Senate Republicans are proposing deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax breaks more permanent
June 16
Senate Finance Committee Chairman Mike Crapo, R-Idaho, arrives for a hearing with Treasury Secretary Scott Bessent on his budget requests for fiscal year 2026, at the Capitol in Washington, Thursday, June 12, 2025. (AP Photo/J. Scott Applewhite)
June 16

Fed officials left in limbo as tariffs complicate this week's rate decision

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst
June 16
June 16

Stocks close higher, despite intensifying Israel-Iran conflict

The Dow closed up 0.7%, erasing much of the losses suffered on Friday.
June 16
A trader works on the floor of the New York Stock Exchange at the opening bell, June 13, 2025, in New York City.
June 16

How Nest turned a $24,000 idea into a global movement

In 2005, Rebecca van Bergen was a graduate student in social work at Washington University when she won $24,000 in a school innovation contest
June 16
A craft maker works on a woven textile at home in Asheville, N.C., in February, 2025, keeping a natural dye garden and foraging in the mountains to create vibrant, earth-based colors for yarns. (Kelly Shotwell via AP)
June 16

Don Jr. talks Trump Mobile, the Trump Organization's new phone plan

Trump Mobile follows a long line of various products featuring the Trump family name that President Trump and his family have promoted, including the Trump meme coin, Trump sneakers and Trump guitars.
June 16
Trump Mobile follows a long line of various products featuring the Trump family name that President Trump and his family have promoted, including the Trump meme coin, Trump sneakers and Trump guitars.
June 16

Oil prices fall and stocks rise amid ongoing Israel-Iran conflict

Oil prices dropped and stocks gained in early trading on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing conflict.
June 16
Oil prices dropped and stocks gained in early trading on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing conflict.
June 16
FILE - Leonard Lauder attends a gala launch party in New York, April 26, 2010. (AP Photo/Stephen Chernin, File)
June 16

Here's what to know about Trump Mobile

The Trump family's real estate business enters the vast U.S. telecom market.
June 16
Trump Mobile website displayed on a laptop screen and Trump Mobile logo displayed on a phone screen are seen in this illustration photo, June 16, 2025.
June 16

Mali takes control of Canadian-owned Barrick Gold mine over tax dispute

A judge in Mali has placed Canadian mining company Barrick Gold under provisional administration in an ongoing dispute with the military government over alleged unpaid taxes
June 16
FILE - Barrick Gold Corporation President and CEO Mark Bristow visits the trading floor of the New York Stock Exchange after ringing the opening bell, , Jan. 2, 2019. (AP Photo/Richard Drew, File)
June 16

Supreme Court order gives religious organizations new chance to challenge New York abortion rule

The Supreme Court is ordering a New York court to take a new look at whether some religious organizations should be excluded from a state regulation requiring health insurance plans to cover abortions
June 16
FILE - The Supreme Court is seen on Capitol Hill in Washington, Dec. 17, 2024. (AP Photo/J. Scott Applewhite, File)
June 16

Supreme Court agrees to hear appeal from New Jersey faith-based pregnancy center

The Supreme Court will hear from a faith-based pregnancy center in New Jersey challenging a state investigation alleging it misled people into thinking its services included referrals for abortion
June 16
FILE - The Supreme Court is seen in Washington, Nov. 2, 2024. (AP Photo/J. Scott Applewhite, File)
June 16

How the humble water gun became the symbol of Barcelona's anti-tourism movement

The humble water gun — the cheap, squirt-squirt variety — has become the weapon of choice and symbol of Spain's anti-tourism protests
June 16
A protester holds a water gun during a protest against overtourism in Barcelona, Spain, Sunday, June 15, 2025. (AP Photo/Pau Venteo)
June 16

Smaller amusement parks hope for a strong summer under the shadow of tariffs

The tariffs wars involving global economic powerhouses such as the U.S. and China are being felt even in such distinctly local places as your regional amusement park
June 16
Playland's Castaway Cove booth operator Ja'Vira Blake restocks prizes at Playland's Castaway Cove amusement park, in Ocean City, N.J, on Friday, June 6, 2025. (AP Photo/Mingson Lau)
June 16

India and Cyprus to step up defense, maritime and cybersecurity cooperation, Indian PM says

India’s prime minister says his country will step up its defense ties with Cyprus through collaboration between the two countries’ respective defense industries
June 16
India's Prime Minister Narendra Modi attends a joint news conference with Cyprus' President Nikos Christodoulides during their meeting at the Presidential palace in Nicosia, Cyprus, Monday, June 16, 2025. (Iakovos Hatzistavrou/Pool Photo via AP)
June 16

Juneteenth celebrations adapt after corporate sponsors pull support

Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities across the country reconsider their support for diversity, equity and inclusion initiatives
June 16
Norman Harris, executive director of JMF Corporation that puts on a Juneteenth celebration in Denver, is shown on the light-rail track running through the neighborhood where the event is staged Friday, June 13, 2025, in Denver. (AP Photo/David Zalubowski)
June 16

ICE is using no-bid contracts, boosting big firms, to get more detention beds

No-bid contracts with politically connected companies have become crucial to the Republican Trump administration’s push for more space to hold immigrants for deportation
June 16
A judge has halted CoreCivic, on Wednesday, June 4, 2025, from housing immigrants facing possible deportation in a shuttered facility that the private prison operator now calls the Midwest Regional Reception Center, in Leavenworth, Kan., pictured Monday, March 3, 2025, unless it can get a permit from frustrated city officials. (AP Photo/Nick Ingram)
June 16

China retail sales rise as exports stay home, tariffs weigh on factory output

China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs
June 16
A Chinese national flag flutters against the residential building in Beijing, Monday, June 16, 2025. (AP Photo/Andy Wong)
June 15

Credit scores decline for millions as US student loan collections restart

Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection
June 15
FILE - A sign reading "cancel student debt" is seen outside the Supreme Court, June 30, 2023, in Washington. (AP Photo/Mariam Zuhaib, File)
June 15

Is Father's Day getting more respect? Depends on who you ask

Is Father’s Day starting to get a little more attention as a holiday
June 15
FILE - A sign advertises Father's Day gifts as a shopper buys building materials in the background at Atlanta Home Depot store, June 8 , 2006. (AP Photo/John Bazemore, File)
June 15

'How to Train Your Dragon' soars in box office debut with $83 million

“How to Train Your Dragon” took flight at the box office this weekend, proving that some remakes still have teeth
June 15
This image released by A24 shows Dakota Johnson, left, and Pedro Pascal in a scene from "Materialists." (A24 via AP)
June 15

Taiwan adds China’s Huawei and SMIC to export control list

Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp to its export control list, as trade and technology frictions between the self-ruled island, China and the United States incr...
June 15
FILE - A customer carries his purchased Huawei product outside a Huawei store after he attended the Huawei new product launch conference in Beijing, on Sept. 25, 2023. (AP Photo/Andy Wong, File)
June 15

Spaniards turn water pistols on visitors to protest mass tourism

Water guns are back squirting at unsuspecting tourists in Barcelona
June 15
Tourists sit in a restaurant as people protest against overtourism in the Balearic island of Mallorca, Spain, Sunday, June 15, 2025. (AP Photo/Joan Mateu Parra)
June 15

G7 leaders gather for summit overshadowed by Israel-Iran crisis and trade wars

Leaders of some of the world’s biggest economic powers arrive in the Canadian Rockies for a Group of Seven summit that's been shadowed by an escalating conflict between Israel and Iran and U.S. President Donald Trump’s unresolved trade war
June 15
Prime Minister of Canada Mark Carney, centre, and Prime Minister of the United Kingdom Keir Starmer, left, meet with Aidan Gomez, CEO of AI startup Cohere, in Ottawa on Sunday, June 15, 2025. (Justin Tang/The Canadian Press via AP)
June 14

Trump curbs immigration enforcement at farms, meatpacking plants, hotels and restaurants

The Trump administration has directed immigration officers to pause arrests at farms, restaurants and hotels after President Donald Trump expressed alarm about the impact of aggressive enforcement
June 14
FILE - Farm workers gather produce on Thursday, June 12, 2025, in Moorpark, Calif. (AP Photo/Damian Dovarganes)
June 14

First direct flight from US to Greenland since 2008 lands on Trump's birthday

The first direct flight from the U.S. to Greenland by an American airline has landed in the capital city of Nuuk
June 14
The first direct scheduled flight from Newark in the USA to Nuuk lands at the airport in Nuuk, Greenland, on Saturday, June 14, 2025. (Mads Claus Rasmussen/Ritzau Scanpix via AP)
June 14

Rescuers still pulling bodies out of the water as death toll in South Africa floods reaches 86

South Africa's police minister says the death toll in floods in the Eastern Cape province now stands at 86
June 14
A man sits on the ground as a minister addresses flood victims outside a temporary shelter at a church following floodsin Mthatha, South Africa, Thursday, June 12, 2025. (AP Photo/Themba Hadebe)