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…
Green energy supporters pushed for faster permitting. Trump is doing it, but not for solar or wind
For years, proponents of green energy have argued that a slow, inefficient permitting process in the United States hinders a transition to clean sources of ele…
Meta CEO Mark Zuckerberg takes the stand in historic antitrust trial
Meta CEO Mark Zuckerberg faced questions about his intentions in acquiring Instagram on the first day of a historic antitrust trial. During testimony in federa…
Trump considers pausing his auto tariffs as the world economy endures whiplash
President Donald Trump says he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust th…
China's Xi Jinping says there are no winners in a tariff war as he visits Southeast Asia
China's leader Xi Jinping says no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia with a trip to Vietnam. Xi reiterating China's c…
Bill to increase business equipment exemption earns bipartisan support in Senate
The bill will expand the tax exemption to cover business equipment with a market value of as much as $3 million instead of the current $1 million limit.
Trump says Americans could feel 'some pain' from his new tariffs
President Donald Trump said Sunday that Americans could feel "some pain" from the emerging trade war triggered by his tariffs against Canada, Mexico and China,…
Wall Street closes its best week of the year
U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November. The S&P 500 rose 0.2% Friday, extending its winning streak to a…
Starbucks gives new CEO huge pay package
Starbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be requ…
Wall Street drifts ahead of updates on inflation, profits
The S&P 500 rose 0.1% in afternoon trading, coming off just its second losing week in the last eight.
Silicon Valley Bank collapse felt worldwide
It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
Small businesses to tackle long list of challenges in 2023
Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high inflation and labor woes are a few things small businesse…
US stocks edge higher ahead of election, inflation data
Even though the Fed has said that it may soon pare back the size of its increases, it is still warning markets that it may ultimately hike rates higher than expected because of just how stubborn high inflation has …
Bitcoin drops below $20,000 as crypto selloff quickens
Bitcoin fell below the psychologically important threshold of $20,000 on Saturday for the first time since late 2020, in a fresh sign that the selloff in crypt…
AP Interview: Biden says a recession is 'not inevitable'
President Joe Biden said Thursday the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the e…
ND oil production drops below 1 million barrels a day
A new report from the North Dakota Department of Mineral Resources shows the state's oil production has dipped below 1 million barrels a day.