Business News

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: Wall Street edges back from records after Dow briefly tops 40,000

NEW YORK (AP) — U.S. stocks edged back from their record heights Thursday after the Dow Jones Industrial...

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...

Port of New Orleans' chief resigning amid praise for moves to advance new cargo terminal project

NEW ORLEANS (AP) — The Port of New Orleans' president and chief executive officer, who won praise for...

House signs off on FAA bill that addresses aircraft safety and the refund rights of passengers

Congress gave final approval Wednesday to a $105 billion bill designed to increase the number of air...

Yemeni security forces deploy in Aden as anger simmers over lengthy power outages

SANAA, Yemen (AP) — Yemeni authorities deployed security forces and armored vehicles across the port...

Retail sales were unchanged in April from March as inflation and interest rates curb spending

NEW YORK (AP) — Americans unexpectedly paused their spending in April from March as inflation continued...

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