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…
Chanel marks 110 years by recreating its couture salon in a palace as Blazy era approaches
Tuesday's show by one of the world's most powerful luxury houses was intimate yet monumental, old world yet futuristic. Front-row regular Naomi Campbell said t…
Senate GOP tax bill could crush wind and solar power, advocates say
A Republican plan heading to a vote in the Senate would quickly end incentives for clean energy and impose new taxes on some wind and solar projects, while boo…
European Central Bank head: Frequent shocks to economy make inflation more unpredictable
The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia's invasion of Ukraine — …
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the in…
Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane
President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Ira…
Americans turn cautious and retail sales slide after a spring rush 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…
US stocks drift lower as oil prices return to rising
U.S. stocks are drifting lower, while oil prices are rising again. The S&P 500 fell 0.3% Tuesday. The Dow Jones Industrial Average dipped 39 points, and the Na…
US economy is in a good place, but the Federal Reserve is not
The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst. As the Fed considers its next moves d…
Pampers maker Procter & Gamble to cut up to 7,000 jobs as companies are buffeted by higher costs
Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers dia…
Number of Americans filing for jobless benefits rises to highest level in eight months
New applications for jobless benefits rose by 8,000 to 247,000 for the week ending May 31, the Labor Department said Thursday. That’s the most since early Octo…
Supreme Court makes it easier to claim 'reverse discrimination' in employment, in a case from Ohio
A unanimous Supreme Court has made it easier to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn't get a job…
More than 1,000 Starbucks baristas go on strike to protest new dress code
More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday to protest a new company dress code, a union representing the coffee gian…
Vineyards in NY wine country push sustainability as they adapt to climate change
The Finger Lakes are home to New York's largest wine-producing region, but vineyards there are struggling with the impacts of climate change. Owners also say l…
Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds
An Associated Press-NORC Center for Public Affairs Research poll suggests Americans' trust in President Donald Trump to bolster the U.S. economy appears to be …
Canadians put off by Trump's bluster are booking far fewer U.S. visits
Diana and Rick Bellamy initially planned to take a Caribbean cruise out of Houston before heading to Laurel, Mississippi, to visit the home of one of their fav…