Asian stocks are mixed after a Federal Reserve official suggested U.S. interest rates might have to be raised higher than expected to cool inflationBEIJING -- Asian stocks were mixed Friday after a Federal Reserve official suggested...
A Dutch court has convicted two Russians and a Ukrainian of the murders of 298 people who died in the 2014 downing of Malaysia Airlines flight MH17 over UkraineSCHIPHOL, Netherlands -- A Dutch court on Thursday convicted two Russians...
Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentimentHONG KONG -- Chinese e-commerce...
Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another casualty of two-decade high interest rates stoked by the Federal Reserve’s fight against inflationWASHINGTON...
Starbucks workers at more than 100 U.S. stores walked out on strike ThursdayStarbucks workers at more than 100 U.S. stores are on strike Thursday in their largest labor action since a campaign to unionize the company’s stores began...
Amazon CEO Andy Jassy says the mass layoffs that began in the company's corporate ranks this week will extend into next yearNEW YORK -- The mass layoffs that began in Amazon's corporate ranks this week will extend into next...
A group of Democratic senators have asked federal regulators to investigate any possible violations by Twitter of consumer-protection laws or data-security commitmentsWASHINGTON -- Reacting to the tumult and mass layoffs at Twitter...
The Tennessee attorney general is probing Ticketmaster over the botched Taylor Swift ticket rollout. The Tennessee attorney general said he is looking into whether consumer protection laws were violated after Ticketmaster botched the...
More bad news is coming from Ticketmaster for SwiftiesNASHVILLE, Tenn. -- Ticketmaster says it is canceling Friday's planned general public sale for Taylor Swift's upcoming stadium tour because it doesn't have enough...
A wartime agreement that unblocked grain shipments from Ukraine and helped temper rising global food prices will be extended by four monthsANKARA, Turkey -- A wartime agreement that unblocked grain shipments from Ukraine and helped...
General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as it boosts battery and...
Taylor Swift concert ticket debacle renews calls to split up Ticketmaster and Live Nation.Samantha Miller said she knew scoring tickets for Taylor Swift's 2023 "Eras" tour for her 13-year-old daughter wouldn't be...
New FTX CEO has never seen a "complete failure" of corporate controls of a company in his career, including Enron, he said. The new FTX CEO brought into shepherd the company through bankruptcy proceedings said he has never...
The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming...
Former President Donald Trump, who launched his 2024 campaign on Tuesday, is already facing defections among the billionaire megadonors behind his previous campaigns.Former President Donald Trump, who launched his 2024 campaign on...
The Federal Reserve may have to raise its benchmark interest rate much higher than many people expect to get inflation under control, said James Bullard, who leads the Federal Reserve Bank of St. LouisThe Federal Reserve may have to...
The new CEO of the collapsed cryptocurrency trading firm FTX, who oversaw Enron’s bankruptcy, said he has never seen such a “complete failure” of corporate controlThe new CEO of the collapsed cryptocurrency trading firm FTX,...
Macy’s reported declines in profits and sales for the fiscal third quarter as the department store faces a pullback from shoppers stung by inflationNEW YORK -- Macy's profits and sales slid in the third quarter as the department...
The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve’s rapid interest rate hikes this year intended to bring down inflation and tighten the labor marketWASHINGTON...
Global shares mostly declined amid concerns about the impact of China’s “zero-COVID” strategy mixed with hopes for economic activity and tourism returning to normalTOKYO -- Global shares mostly declined Thursday amid concerns...
A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technologyA federal judge...