Business News
16 articles
Hall and Woodford Win Economics Nobel for Crisis-Management Models
American economists Robert E. Hall and Michael Woodford have won the 2026 Nobel memorial prize in economics for research...
Trump Opens Door to Russian Diesel in Sharp Sanctions Reversal
WASHINGTON - President Donald Trump announced an agreement with Russian President Vladimir Putin to release millions of ...
Paramount Closes $81 Billion Warner Bros. Deal to Form Skydance
LOS ANGELES - Paramount completed its $81 billion takeover of Warner Bros. Discovery on Tuesday, bringing two of Hollywo...
World Food Prices Reach Highest Level Since 2022 as Grain and Sugar Climb
ROME - World food commodity prices climbed in September to their highest level since November 2022 as disrupted shipping...
G7 Agrees 100 Million-Barrel Emergency Release as Diesel Prices Surge
WASHINGTON - The Group of Seven leading democracies agreed Friday to coordinate the release of 100 million barrels of oi...
U.S. Growth Revised Up to 2.2% as Inflation Eases but Stays High
WASHINGTON - The U.S. economy grew at an annual rate of 2.2% from April through June, a substantial upward revision that...
Tanker Hit in Strait of Hormuz; Two Crew Injured as Attacker Remains Unknown
DUBAI - A tanker entering the Strait of Hormuz was struck by an unidentified projectile on Monday, leaving two crew memb...
Warren Buffett Steps Down as Berkshire Chairman After Six Decades
Warren Buffett has stepped down as chairman of Berkshire Hathaway, ending more than half a century at the head of the co...
Fed Raises Rates for First Time Since 2023 as Inflation Persists
WASHINGTON - The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday, its firs...
Amazon Cargo Jet Overrun Kills Five Outside Miami Airport
MIAMI - Five people were killed and five others injured after a Boeing 767 cargo jet operating for Amazon's Prime Air ne...
U.S. Inflation Cools to 3.4% as Gas Prices Fall, but Household Pressure Persists
WASHINGTON - U.S. inflation eased in July as gasoline prices declined, offering households and the Federal Reserve a mea...
Greg Abel Starts Deploying Berkshire's Cash With $4.5 Billion Buyback
Berkshire Hathaway repurchased approximately $4.5 billion of its own shares in the second quarter and stepped up equity ...
US Sets New Forced-Labor Tariffs on 60 Trading Partners
WASHINGTON — New U.S. tariffs on most imports from 60 trading partners are scheduled to take effect at 12:01 a.m. Easter...
Google Cloud Surges 82% as Alphabet Lifts Capital Spending Toward $205 Billion
Alphabet delivered one of the clearest signals yet that demand for artificial intelligence computing is translating into...
Trump Orders 50% Tariffs on Selected Canadian Goods, Reopening North American Trade Fight
WASHINGTON — President Donald Trump signed three proclamations on Monday, July 20, imposing additional 50% tariffs on a ...
Dell Sees Historic Stock Surge Amid AI Server Revenue Growth
Dell's stock experienced a significant surge, rising by 32% in a single day, marking its best performance to date. This ...