Business News

Stock market today: Asian shares are mixed as China stocks get bump from new property measures

Asian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement...

China rolls out new measures to fix its property crisis, spur growth

China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after...

NRA kicks off annual meeting as board considers successor to longtime leader Wayne LaPierre

DALLAS (AP) — The National Rifle Association is kicking off its annual meeting Friday in downtown Dallas,...

UAW's push to unionize factories in South faces latest test in vote at 2 Mercedes plants in Alabama

DETROIT (AP) — The United Auto Workers union faces the latest test of its ambitious plan to unionize...

UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024

UNITED NATIONS (AP) — The United Nations reported improved prospects for the world economy since its...

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about...

Joint streaming venture involving ESPN, Fox, Warner Bros. Discovery will be called Venu Sports

LOS ANGELES (AP) — The sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery finally...

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

McDonald’s plans to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’...

The Dow just crossed 40,000 for the first time. The number is big but means little for your 401(k)

NEW YORK (AP) — The Dow Jones Industrial Average just topped 40,000 for the first time, the latest po...

FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture

WASHINGTON (AP) — Federal Deposit Insurance Corp. Chairman Martin Gruenberg sat for a second day of...

United Airlines says it has regained some privileges that were suspended after problem flights

CHICAGO (AP) — United Airlines said Thursday that federal regulators are letting it resume planning...

Long-term mortgage rates retreat for second straight week, US average at 7.02%

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief...

Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attack

WASHINGTON (AP) — The Supreme Court on Thursday rejected a conservative-led attack that could have...

US applications for jobless benefits come back down after last week's 9-month high

Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels...

Deere Q2 results top Street but it cuts 2024 profit outlook again as farmers buy fewer tractors

Deere's fiscal second-quarter results beat Wall Street's expectations, but the company lowered its full-yea...

The larger the nonprofit, the more likely it is run by a white man, says new Candid diversity report

NEW YORK (AP) — White men are most likely to lead the largest, best-funded nonprofits, while women o...

Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issue

NEW YORK (AP) — Walmart Inc. reported another quarter of strong results Thursday as its low prices pul...

Stock market today: Asian shares retreat after Wall St edges back from records

Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the...

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets

NEW YORK (AP) — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes...

Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb

OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway on Wednesday revealed a new $7 billion stake...

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