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…
US stocks set more records as Wall Street's relentless rally keeps rolling
The seemingly relentless rally on Wall Street drove U.S. stocks to more records. The S&P 500 rose 0.4% Monday after erasing a modest loss from the morning.
Stocks rise as Wall Street flirts with another record
Stocks are rising ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its n…
Average rate on a 30-year mortgage drops to 6.5%, the lowest since last October
The average rate on a 30-year U.S. mortgage fell again this week, extending a recent trend that should give prospective homebuyers more purchasing power.
Google facing $425.7 million in damages for nearly a decade of improper smartphone snooping
The verdict reached Wednesday in San Francisco federal court followed a more than two-week trial in a class-action case covering about 98 million smartphones o…
Stocks waver on Wall Street after last week's rally
Stocks are wavering on Wall Street after a big jump last week on hopes for more interest rate cuts from the Federal Reserve. The S&P 500 was mostly unchanged i…
Dr Pepper will unwind its merger with Keurig from 7 years ago after buying Peet's for $18 billion
Keurig Dr Pepper says it will buy Peet's Coffee owner JDE Peet's in an $18 billion (15.7 billion euro) deal. When the acquisition is complete, the company plan…
US seeks shipbuilding expertise from South Korea and Japan to counter China
American lawmakers are using a trip to South Korea and Japan to explore how the United States can tap those allies' shipbuilding expertise and capacity to help…
Google to pay $36M fine for anticompetitive deals with Australia's largest telcos
Google has agreed to pay a $36 million fine for anticompetitive deals with Australia's two largest telcos. The Australian Competition and Consumer Commission s…
Wall Street rallies and US stocks recover much of Friday's wipeout
U.S. stocks are rallying to recover more than two thirds of their sharp loss from Friday's wipeout. The S&P 500 rose 1.4% Monday. The Dow Jones Industrial Aver…
Thousands of Boeing workers who build fighter jets and weapons go on strike
Several thousand workers at three Midwest manufacturing plants where Boeing develops military aircraft and weapons are on strike early. The strike started earl…
Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigge…
US job openings fell to 7.4 million last month as job market continues to cool
Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool. The Labor Department reported Tuesday that job op…
Over 5.2 million pools sold across the U.S. and Canada are under recall after reports of nine deaths
More than 5.2 million aboveground swimming pools sold in the U.S. and Canada since 2002 are being recalled. Regulators say certain Bestway, Intex, and Polygrou…
Stellantis warns of $2.7 billion loss for 1st half of 2025 due to tariffs and some big charges
Stellantis reports a preliminary net loss of 2.3 billion euros ($2.68 billion) in the first half of the year. The automaker attributes the loss to U.S. tariffs…
Wall Street is mixed amid Trump's new tariff deadlines
Wall Street is opening mixed as investors shrug off a new U.S. tariff deadline. The S&P 500 was flat in early trading Tuesday. The Dow Jones Industrial Average…