National & World Business
Stay current with national and world business news. Highlighting major market trends, corporate developments, and economic shifts shaping industries across the U.S.
Oil prices keep swinging up and down, and so do stocks worldwide
Oil prices swung after a scare overnight where prices popped and then moderated, and the yo-yo moves kept stock ma…
Wall Street gains ground as crude prices and oil company stocks rise after the US raid on Venezuela
Wall Street is gaining ground, led by a mix of big energy and technology companies. The S&P 500 rose 0.8% in afternoon trading Monday and the Nasdaq composite …
Tesla loses title as world's biggest electric vehicle maker as sales fall for second year in a row
Tesla lost its crown as the world's bestselling electric vehicle maker on Friday as a customer revolt over Elon Musk's right-wing politics, expiring U.S. tax breaks for buyers and stiff overseas competition pushed …
Warm weather and low snowpack bedevil Western ski resorts
Lack of snow is causing problems for ski resorts and other businesses in the Western U.S. that rely on wintry conditions.
Ford recalls more than 270,000 electric and hybrid vehicles due to roll-away risk
Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away.
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix
Emerging just days after Netflix reached a $72 billion deal to acquire Warner Bros., the takeover attempt means Paramount will go straight to Warner shareholde…
China's trade surplus tops $1 trillion as its exports surge
China's exports returned to growth in November after an unexpected contraction in October, pushing its trade surplus for 2025 past the $1 trillion mark for the…
Tumbling crypto stocks threaten end to Wall Street's 5-day winning streak
The S&P 500 slipped 0.2% and was on track to break a five-day winning streak. The Dow Jones Industrial Average was down 224 points, or 0.5%, as of 2:07 p.m. Ea…
Federal review finds 44% of US trucking schools don't comply with government rules
The Transportation Department said Monday that it plans to revoke the accreditation of nearly 3,000 schools unless they can comply with training requirements i…
Wendy's to close hundreds of US stores in bid to halt falling profit
Wendy's plans to close hundreds U.S. restaurants over the next few months to boost its profit and make its remaining stores more appealing.
Flight cuts from government shutdown strain a supply chain that's already stretched thin
The Federal Aviation Administration has announced a 10% reduction in flight capacity across 40 major U.S. airports. This could strain air cargo as the holiday …
US coffee prices spike due to tariffs and poor weather
Coffee prices have been rising sharply since the start of this year. Tariffs are partly to blame. The U.S. imports 99% of its coffee.
Brazilian farmers beef up soybean production as China halts business with US during trade fight
Brazilian farmers are increasing soybean production as the U.S. and China engage in a trade fight. The conflict has shut American soybeans out of the Chinese m…
US consumer confidence declines again as Americans fret over prices, job market
U.S. consumer confidence declined again in September as Americans' pessimism over inflation and the weakening job market grew again.
Europe's top central banker says economy holding up better than expected in face of Trump tariffs
Europe's economy is holding up better than expected in the face of U.S. President Donald Trump's new tariffs - in part because the European Union didn't retali…
A jury will look at whether Amazon tricked customers into joining Prime and made it hard to leave
A federal trial beginning in Amazon's hometown this week is set to examine whether the online retailing giant tricked customers into signing up for its Prime s…