Business News

Younger Mongolians helped deliver a setback to the ruling party in last week’s parliamentary elections after three decades of democracy but it’s unclear if the country is headed for a major changes

The German government has agreed on a budget for 2025 and a stimulus package for Europe’s largest economy, ending a monthslong squabble that threatened to upend Chancellor Olaf Scholz’s center-left coalition

Shares are mostly lower in Asia after strong gains in Europe, while U.S. markets were closed for the July 4th holiday

In parts of Afghanistan where there are no street names or house numbers, utility companies and their customers have adopted a creative approach for connecting

Britain’s Labour Party has swept to power after more than a decade in opposition, as a jaded electorate handed the party a landslide victory

Hurricane Beryl has strengthened back into a Category 3 storm and is headed for what could be a direct hit on Mexico’s Caribbean coast resort of Tulum, where authorities are urging tourists to leave white sand beaches

The Labour Party has officially won enough seats to have a majority in the UK Parliament as vote counting continues

British Prime Minister Rishi Sunak says opposition Labour Party has won the UK election as his Conservatives face a rout

New Zealand's housing minister says the country will drastically ease restrictions on land use in a bid to “flood the market” with land for homes and override the powers of local councils to curb development

Anti-immigration party leader Nigel Farage wins a seat in UK Parliament on his eighth attempt

Labour's Keir Starmer says voters ‘have spoken and they are ready for change’ as exit poll points to landslide win

Vast swathes of Indonesia’s old-growth forests are left undeveloped for years after they're felled

The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation

Exit poll suggests Conservatives face historic defeat in British election, leaving the party in disarray

Exit poll suggests Labour wins huge majority in UK election, riding wave of frustration with Conservatives’ 14-year rule

Polls close in British election where voters will deliver their verdict on 14 years of Conservative government

The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake

Parent company of Saks Fifth Avenue to buy upscale rival Neiman Marcus

Dozens of classic sailing vessels from 13 countries that are plying the Baltic Sea have arrived in the Finnish capital at the end of the first leg of the Tall Ships Races that began in the Lithuanian port city of Klaipeda in late June

The European Union is moving to sharply increase customs duties on electric vehicles made in China

Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe

UK opposition leader Keir Starmer casts his vote in an election that his Labour Party is widely expected to win

Japan's benchmark Nikkei 225 has surged to a record close of 40,913.65, while most other major world markets also advanced

Japan’s Nikkei 225 stock index has closed at a fresh record high of 40,913.65, pushing past its most recent record close set in March on heavy buying of automaker and technology shares

Japan's Nikkei 225 benchmark closes at a fresh record high of 40,913.65, pushing past its record close set in March

British Prime Minister Rishi Sunak says the British people have “delivered a sobering verdict” as he conceded that the Labour Party has won the election

Comments suggesting that Iran's reformist presidential candidate could increase government-set gasoline prices have raised fears of a repeat of nationwide protests

After leaving a trail of destruction across the eastern Caribbean and at least nine people dead, Hurricane Beryl has strengthened back into a Category 3 storm as it chugs over open water toward Mexico’s resort-studded Yucatan Peninsula

An exit poll and partial returns indicate that Britain’s Labour Party is headed for a landslide victory in a parliamentary election, as voters punish the governing Conservatives after 14 years of economic and political upheaval

The Dept. of Education and loan servicers are discovering that many student borrowers still have not restarted their payments months after the pandemic hiatus ended. We break down the latest numbers.

A federal judge has ordered Louisiana to take steps to protect the health and safety of incarcerated workers toiling in the fields of a former slave plantation

Did the media covering President Biden miss a story that was right in front of them

Benchmark U.S. crude oil for August delivery rose $1.07 to $83.88 per barrel Wednesday

Hendrick Motorsports has ended its ties to longtime sponsor Hooters because the restaurant chain know for chicken wings and skimpy wait-staff outfits could not meet its financial commitments

A long Fourth of July holiday weekend in the United States is expected to create new travel records

A Maryland board led by Gov. Wes Moore has approved a $50.3 million emergency contract with a company that removed debris from the March collapse of the Francis Scott Key Bridge

Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling

Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts

Global software giant Microsoft Corp. will pay $14.4 million in California to settle allegations that it discriminated against employees who took protected leave from work

Wall Street’s record-breaking rally kept going after weak reports on the economy kept the door open for possible cuts to interest rates

Stocks that traded heavily or had substantial price changes on Wednesday: Quest Diagnostics, Southwest Airlines rise; Simulations Plus falls

It's 100 years since the Caesar salad is said to have been invented on the Fourth of July at a restaurant in Tijuana, Mexico

General Motors will pay nearly $146 million in penalties to the federal government because 5.9 million of its older vehicles don’t comply with emissions and fuel economy standards

General Motors will pay $146 million in federal penalties because 5.9 million older vehicles emit excess carbon dioxide

A Kansas business executive has pleaded guilty to illegally exporting sensitive American aviation to Russian companies in violation of U.S. sanctions

The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May

The average rate on a 30-year mortgage rose to 6.95% this week, Freddie Mac says, ending a four-week rate slide

Do Americans want plant-based options at fast-food restaurants

Turkmenistan and Iran have signed a contract for the delivery of 10 billion cubic meters a year of Turkmen gas that Iran will then ship to Iraq

IndyCar will unveil its hybrid engine system this weekend at the Mid-Ohio race track