Business News
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US stocks slump on worries about higher oil prices, inflation and interest rates
U.S. stocks slumped after a report said inflation was primed to worsen even before the war with Iran sent oil prices spiking
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US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war
The Treasury Department is easing sanctions on Venezuela’s state oil company
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Nation's largest retail group forecasts 4.4% gain in retail sales for this year despite volatility
The National Retail Federation, the nation’s largest retail trade group, is forecasting annual retail sales will grow at a faster clip this year than last year, citing consumers’ resilience despite lots of economic volatility
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Pennsylvania regulators seek $2.6 million in penalties for deadly 2023 chocolate factory explosion
Pennsylvania regulators are seeking $2.6 million in penalties from UGI because of a gas leak and deadly explosion at a chocolate factory
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Powell says he 'has no intention' of leaving the Fed before an investigation into Fed's renovation is 'truly over'
Powell says he 'has no intention' of leaving the Fed before an investigation into Fed's renovation is 'truly over'
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US was informed about plan for Israeli strike on Iranian gas field but did not take part in it, AP source says
US was informed about plan for Israeli strike on Iranian gas field but did not take part in it, AP source says
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US drivers see gas prices jump to their highest level since 2023 as the Iran war drags on
The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide
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Trump’s tariffs are hurting American manufacturers instead of helping them
There’s a growing body of data showing the tariffs President Donald Trump said would help American factories are, in fact, squashing many of them
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Federal Reserve keeps rates steady, projects one rate cut this year and sees limited economic impact from Iran war
Federal Reserve keeps rates steady, projects one rate cut this year and sees limited economic impact from Iran war
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Cryptocurrency and AI industries tested their influence in Illinois. It didn't go that well
The artificial intelligence and cryptocurrency industries have suffered a setback as they try to reshape the midterm elections and establish themselves as power players in American politics
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