While imperfect, GDP carries major real-world implications, experts said.The threat of a looming recession has heightened interest in the most commonly used measure of economic Health: Gross domestic product, or GDP.The metric commands...
The Federal Reserve is scheduled Friday to release a highly-anticipated review of its supervision of Silicon Valley Bank, the go-to bank for venture capital firms and technology start-ups that failed spectacularly in March, setting...
Foreign companies are under growing pressure in China from anti-corruption, security and other investigations as President Xi Jinping’s government tightens control over businessBEIJING -- Foreign companies are under growing pressure...
The European economy has scraped out meager growth of 0.1% in the first three months of the yearFRANKFURT, Germany -- The European economy scraped out meager growth of 0.1% in the first three months of the year, barely gaining momentum...
The star-studded Prince’s Trust Global Gala raised more than $1.7 million Thursday night at Casa Cipriani in New York City, as a wide range of grantees — past and present — explained how King Charles III’s charity has improved...
The average long-term U.S. mortgage rate rose this week for the second week in a row, another setback for homebuyers facing a housing market that remains unaffordable for many Americans after years of soaring home pricesLOS ANGELES...
The children of employees at Michigan State University can see what it's like to staff a dairy farm, work in sports or plant a tree at the school’s first in-person Take Our Kids to Work Day on Thursday since the pandemic beganNEW...
Shares are mostly higher in Asia after Wall Street rallied to its best day since January and the Bank of Japan kept its ultra-lax monetary policy unchangedShares advanced in Asia on Friday after Wall Street rallied to its best day...
Amazon on Thursday reported stronger-than-expected revenue and profits for the first quarter, sending its stocks higher in after-hours tradingNEW YORK -- Amazon on Thursday reported stronger-than-expected revenue and profits for the...
Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments, so they want the railroads to ensure their training and operating procedures account for thatOMAHA,...
Obesity is a major and growing problem around the world, but especially in the U.S. Researchers have long looked for medications that can help people lose weight, mostly with disappointing and, in some cases, dangerous resultsObesity...
Stew Leonard Sr., who founded more than 50 years ago a dairy store that became a regional grocery powerhouse under his name, died Wednesday at a New York hospital after a brief illnessNEW YORK -- Stew Leonard Sr., who founded more...
A diabetes drug being tested for weight loss is poised to further upend obesity careAs a growing number of overweight Americans clamor for Ozempic and Wegovy — drugs touted by celebrities and on TikTok to pare pounds — an even...
Gap is laying off 1,800 corporate employees as the struggling clothing chain aims to cut costs amid a sales slumpNEW YORK -- Gap is laying off 1,800 corporate workers as the struggling chain cuts costs in a bid to become more nimble.There...
The U.S. Navy says Iran has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman amid wider tensions over Tehran’s nuclear programDUBAI, United Arab Emirates -- Iran seized a Marshall Islands-flagged oil tanker in the...
Applications for unemployment benefits in the U.S. fell last week as the labor market continues to show strength despite some weakness in other parts of the economyApplications for unemployment benefits in the U.S. fell last week as...
U.S. gross domestic product grew by a 1.1% annualized rate over the three months ending in March, data showed.The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal...
Asia must rapidly cut fossil fuel subsidies and plow more money into a clean energy transition to avoid catastrophic climate change that puts its own development at riskBENGALURU, India -- Asia must rapidly cut fossil fuel subsidies...
If you’re looking to buy a home, new federal rules may impact how much you pay for a mortgage.If you're looking to buy a home, new federal rules may impact how much you pay for a mortgage.Beginning May 1, upfront fees for loans...
Twitter under its 4/20-friendly owner Elon Musk earlier this year became the first major social media company to allow cannabis advertisementsTwitter under its 420-friendly owner Elon Musk earlier this year became the first major social...
Australia will end a decade-old freeze on the minimum wage for skilled migrant workers as part of an overhaul of what the government describes as a broken migration systemCANBERRA, Australia -- Australia will end a decade-old freeze...
