Business News

Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation

The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association

UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into its performance

The NHL on Tuesday announced a multiyear agreement with Bodyarmor to be the league's official sports drink

The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth

Bank of America said its first-quarter profits fell 18%, as the bank dealt with higher expenses due to the impact of higher interest rates

Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub

Singapore’s incoming leader says Prime Minister Lee Hsien Loong will stay on as senior minister in the government after he steps down next month

Pakistan and Saudi Arabia have called for an immediate cease-fire and uninterrupted delivery of humanitarian aid in Gaza

President Joe Biden will begin three straight days of campaigning in Pennsylvania in his childhood hometown of Scranton

German Chancellor Olaf Scholz has told Chinese leader Xi Jinping that Russia’s invasion of Ukraine threatens global security in an apparent call for China to apply greater pressure on its neighbor to end the war

Most U.S. stocks are weakening again as continued worries about high interest rates compete with strong profit reports from some big companies

Nissan says it expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029

The maker of a popular weedkiller is turning to lawmakers in key states to try to squelch legal claims that it failed to warn about cancer risks

Winnie the Pooh and Mickey Mouse have recently entered the public domain, making it possible for artists to use them freely

China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness persisted

China's economy grew at 5.3% in the first quarter, beating estimates with help from policies and better demand

New York Gov. Kathy Hochul has announced the framework of a $237 billion budget that includes broad plans to drive new housing construction, address the influx of migrants and crack down on illegal marijuana shops

Boeing is defending the integrity of the fuselages on two of its largest planes

As the NHL playoffs begin this weekend, ushering in the most exciting hockey of the year, business is booming and the league has bounced back in a big way from the pandemic

NASA is seeking a faster, cheaper way to bring rock samples from Mars to Earth

U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street

Benchmark U.S. crude oil for May delivery fell 25 cents to $85.41 per barrel Monday

The pilots union at American Airlines says there's been a significant spike in safety and maintenance issues at the airline

Workers are entitled to time off and other job accommodations for abortions under the Pregnant Workers Fairness Act, according to finalized federal regulations published Monday

The stock price for Donald Trump’s social media company is sliding again

Stocks that traded heavily or had substantial price changes on Monday: M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall

Patients suffering from pain have limited options when it comes to medication

Saudi Arabia’s foreign minister is leading a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises

General Motors will move its Detroit headquarters to a new downtown office building next year and redevelop its iconic home along the Detroit River

A stretch of the Ohio River near Pittsburgh remains closed to maritime traffic as crews equipped with sonar look for a barge believed to have sunk over the weekend

Goldman Sachs said Monday it saw a double-digit rise in its first-quarter profits, lifted broadly by the stock and bond markets’ performances in the first months of the year

The coffee that picked you up this morning is 600,000 years old

After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday

Global smartphone shipments rose nearly 8% in the first quarter, according to preliminary data from International Data Corp. It’s the third straight quarter of shipment growth and marks the return of Samsung to the No. 1 spot

The operator of the wrecked Fukushima Daiichi nuclear power plant says it has obtained permission from safety regulators to start loading atomic fuel into a reactor at its only operable plant in Japan, which it is keen to restart for the first time sin...

Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges

April 17 marks the 100 days countdown to the Paris Olympics ambitious opening ceremony

Retail sales up a strong 0.7% in March from February underscoring the resiliency of the US consumer

Someone with knowledge of the situation tells The Associated Press that the massive container ship that caused the deadly collapse of a Baltimore bridge experienced apparent electrical issues hours before it left the port

FBI opens criminal investigation into Baltimore bridge collapse, AP source says; federal agents are aboard cargo ship

The European Union has disbursed about $6.7 billion to Poland as a part of the 27-nation bloc’s post-pandemic recovery fund, the biggest single transfer ever to the country

German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday

Drinks promoted as offering mental or physical benefits beyond hydration are growing in popularity around the world

The global market has exploded for drinks that promise to do more than just taste good

On this Tax Day, refunds are looking a bit bigger for taxpayers

The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas

Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks

Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy

A Native American-led nonprofit says it has purchased about 40 acres of land in South Dakota's Black Hills area