Business News

Latest Business Video

Latest Business Headlines

February 18

Millions of dead people aren't getting Social Security checks, despite claims

The Trump administration is falsely claiming that tens of millions of dead people over 100 years old are receiving improper Social Security payments
February 18
President Donald Trump speaks at Mar-a-Lago in Palm Beach, Fla., Tuesday, Feb. 18, 2025. (Pool via AP)
February 18

Malaysia is betting on data centers to boost economy

Johor in Malaysia is being transformed by the construction of giant data centers
February 18
FILE- The Johor - Singapore Causeway lies empty in Johor Bahru, Malaysia, Nov. 28, 2021. (AP Photo/Vincent Thian, File)
February 18

FireAid announces $50M for LA community organizations helping those impacted by fires

FireAid, the benefit concert which raised an estimated $100 million to benefit those impacted by the LA fires, announced $50 million in grants for community-based organizations supporting families, food access, temporary housing, disaster case manageme...
February 18
FILE - Billie Joe Armstrong, from left, Tre Cool, and Mike Dirnt of Green Day perform during the FireAid benefit concert, at The Forum in Inglewood, Calif., Jan. 30, 2025. (AP Photo/Chris Pizzello, File)
February 18

Mystical beliefs fuel Senegal’s illegal big cat trade and threaten lion’s survival

The illegal trade of lion and leopard parts is growing in Senegal and threatening the lion's survival across West Africa
February 18
About 50 Senegalese women, joined by a performer dressed as a "faux lion", march through Dakar's Medina neighborhood in Senegal, during the fourth Women's March for Climate on Nov. 2, 2024. (AP Photo/Annika Hammerschlag)
February 18

How to set and invest your emergency fund

For people who already have high-interest-rate debt, having an emergency fund can help guard against resorting to additional high-cost financing in a pinch
February 18
FILE - This Oct. 24, 2016 file photo shows dollar bills in New York. (AP Photo/Mark Lennihan, File)
February 18

Brazil to join OPEC+, group of major oil-exporting nations

Brazil’s government has approved joining OPEC+, a group of major oil-exporting nations
February 18
FILE - Water flows in at the point where the river meets the sea in the Bailique Archipelago, district of Macapa, state of Amapa, northern Brazil, Sept. 12, 2022. (AP Photo/Eraldo Peres, File)
February 18

The USAID shutdown is upending livelihoods for nonprofit workers, farmers and other Americans

The Trump administration's dismantling of the U.S. Agency for International Development is hurting a variety of U.S. companies, nonprofits and farms
February 18
Dr. Michelle da Fonseca, left, and Dr. Brian Diers care for soybean plants in the growing chamber at the Soybean Innovation Lab, Thursday, Feb. 13, 2025, in Champaign, Ill. (AP Photo/Craig Pessman)
February 18

Billionaire Jim Ratcliffe's first year at Man United has not gone to plan

It’s been a year since one of Britain’s richest men bought into its most famous soccer team and vowed to bring the good times back
February 18
FILE - Jim Ratcliffe, center, in the stands during the English Premier League soccer match between Manchester United and Arsenal at the Old Trafford Stadium in Manchester, England, Sunday, May 12, 2024. (AP Photo/Dave Thompson, file)
February 18

How US tech giants supplied Israel with AI models, raising questions about tech's role in warfare

U.S. tech giants have quietly empowered Israel to track and kill many more alleged militants more quickly in Gaza and Lebanon through a sharp spike in artificial intelligence and computing services
February 18
An Israeli flag is draped over the Microsoft offices in a building in the Gav Yam technology park in Beersheba, Israel, on Thursday, May 30, 2024. (AP Photo/Sam Mednick)
February 18

Judge approves emergency plan to keep Britain’s largest water company afloat

A judge has approved an emergency plan to keep Britain’s largest water company afloat and averted a possible temporary government takeover
February 18
FILE - A general view of Thames Water plant in Twickenham, London, Wednesday, June 28, 2023.(AP Photo/Frank Augstein)
February 18

Vietnam's strict new social media regulations strangle free speech, report says

New government regulations on social media in Vietnam give authorities increased powers to prevent dissent and control the news, along with the tools to more easily track down critics and silence them
February 18
FILE - The logo for Facebook appears on screens in New York's Times Square on March 29, 2018. (AP Photo/Richard Drew, File)
February 17

Stock market today: Asia stocks mostly up as China's technology stocks rally

Shares in Asia are mostly higher, with Chinese technology stocks surging after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry
February 17
FIL:E - The New York Stock Exchange is shown in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)
February 17

Southwest Airlines slashing 15% of corporate workforce

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s 53-year history
February 17
In this Feb. 8, 2024, file photo, a Southwest Airlines plane lands at San Francisco International Airport, in San Francisco, Calif.
February 17

'Saturday Night Live' 50th anniversary special watched by nearly 15 million people

NBC says The “Saturday Night Live” 50th anniversary celebration was watched by nearly 15 million viewers
February 17
Kenan Thompson attends "SNL50: The Anniversary Special" at Rockefeller Plaza on Sunday, Feb. 16, 2025, in New York. (Photo by Evan Agostini/Invision/AP)
February 17

Argentine judge investigates fraud case against President Milei over crypto promotion

A judge in Argentina has been selected to investigate allegations of fraud against President Javier Milei for his brief promotion of a cryptocurrency that collapsed in value hours after it was launched last week
February 17
Juan Manuel Scala protests against Argentine President Javier Milei outside the Casa Rosada presidential office holding a poster that reads in Spanish "If it has four paws, moves its tail and barks, it's Milei lying," in Buenos Aires, Argentina, Monday, Feb. 17, 2025. (AP Photo/Rodrigo Abd)
February 17

A top Chinese official tours Thai-Myanmar border to highlight crackdown on scam centers

Efforts to shut down online scam centers in Myanmar appear to gain momentum with a visit by a top Chinese official to the border zone ahead of expected large-scale repatriations of workers in the illicit industry
February 17
Chinese believed to have been trafficked and trapped into working in online scam centers after they were rescued in Myawaddy district in eastern Myanmar, Monday, Feb. 17, 2025. (AP Photo/Chiravuth Rungjamratratsami)
February 17

The anti-Musk protest movement is expected to ramp up with Congress on recess

President Donald Trump's billionaire top lieutenant, Elon Musk, is the focus for thousands of Democratic activists launching a massive protest campaign this week
February 17
People protesting Elon Musk's actions in the Trump administration hold signs outside a Tesla showroom in Seattle on Thursday, Feb. 13, 2025. (AP Photo/Manuel Valdes)
February 17

Coins, watches and more: A look at Trump's crypto-related ventures, by the numbers

Donald Trump has leaned into his unofficial role as the “crypto president” in ways that can both help the crypto industry and enrich himself and his family
February 17
February 17

Emboldened crypto industry seeks to cement political influence and mainstream acceptance

The cryptocurrency industry is emboldened, impatient and eager to cement its influence in politics and mainstream financial systems
February 17
FILE - President Donald Trump listens to White House adviser David Sacks as he signs an executive order regarding cryptocurrency in the Oval Office of the White House, Thursday, Jan. 23, 2025, in Washington. (AP Photo/Ben Curtis, File)
February 17

China's Xi meets with business leaders to boost economy

China’s President Xi Jinping has met with the country’s top business leaders, state media reported, including Jack Ma, the founder of Alibaba who had kept a low public profile after angering Chinese officials a few years ago
February 17
February 17

Germany's economy is in the dumps. Here are 5 reasons why

Germany hasn’t seen significant economic growth in five years
February 17
FILE - The blast furnace the troubled thyssenkrupp steel factory is pictured in the evening behind an IKEA store in Duisburg, Germany, Monday, Jan.27, 2025. (AP Photo/Martin Meissner, File)
February 17

Fixing Germany's economy is a critical task for the country's next government

Germany needs a new business model to get its stalled economy going again
February 17
A man works on fans at an EBM-Papst plant in Hollenbach, Germany, Tuesday, Feb. 4, 2025. (AP Photo/Michael Probst)
February 16

Japan's economy grows more than expected on strong exports and moderate consumption

Japan’s economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption
February 16
FILE - Cars for export are loaded onto a cargo ship at a port in Yokohama, near Tokyo, Nov. 2, 2021. (AP Photo/Koji Sasahara, File)
February 16

Argentine lawyers charge President Milei with fraud over cryptocurrency promotion

Argentine lawyers filed fraud charges against President Javier Milei in criminal court on Sunday for promoting a cryptocurrency on his social media, one of the lawyers told The Associated Press
February 16
Argentina's President Javier Milei speaks after receiving this year's Roepke Prize for Civil Society of the Liberal Institute at the Congress centre in Kloten, Switzerland, Friday, Jan. 24, 2025. (Ennio Leanza/Keystone via AP)
February 16

Trump administration cuts reach FDA employees in food safety, medical devices and tobacco products

The Trump administration’s effort to slash the size of the federal workforce reached the Food and Drug Administration this weekend
February 16
FILE - The U.S. Food and Drug Administration campus in Silver Spring, Md., is photographed on Oct. 14, 2015. (AP Photo/Andrew Harnik, File)
February 16

Major test case for new geothermal technology launches in small German town

Residents in the German town of Geretsried have long wanted to run their buildings with clean heat and electricity from geothermal energy rather than fossil fuels
February 16
FILE - A geothermal site is under construction in Geretsried, Germany, Sept. 19, 2024. (AP Photo/Matthias Schrader, File)
February 16

US presented Ukraine with a document to access its minerals but offered almost nothing in return

Ukrainian President Volodymyr Zelenskyy says he directed his ministers not to sign off on a proposed agreement to give the United States access to Ukraine’s rare earth minerals because the document was too focused on U.S. interests
February 16
Ukraine's President Volodymyr Zelenskyy, arrives for talks with Germany's Chancellor Olaf Scholz, at the Munich Security Conference, in Munich, Germany, Saturday, Feb.15, 2025. (Sven Hoppe/DPA via AP, Pool)
February 15

Amazon workers in North Carolina vote against joining union

It's the latest group of Amazon employees to side against union representation.
February 15
FILE - The logo for Amazon.com Inc. is displayed on a screen at the Nasdaq MarketSite, July 27, 2018. (AP Photo/Richard Drew, File)
February 14

Utah governor signs collective bargaining ban for teachers, firefighters and police unions

Utah’s Republican governor has signed a collective bargaining ban that experts are calling one of the most restrictive labor laws in the country, despite overwhelming opposition from union members
February 14
FILE - Utah Gov. Spencer Cox listens to a question at his monthly news conference in Salt Lake City, Thursday, Sept. 19, 2024. (Isaac Hale/The Deseret News via AP, Pool,File)
February 14

AP reporter and photographer barred from Air Force One over 'Gulf of Mexico' terminology dispute

The Trump administration has blocked The Associated Press from traveling with President Trump on Air Force One and also from covering an Oval Office event
February 14
President Donald Trump, center, arrives on Marine One to board Air Force One at Joint Base Andrews, Md., Friday, Feb. 14, 2025, en route to West Palm Beach, Fla. (AP Photo/Ben Curtis)
February 14

Fed official: Need ‘dust to clear’ before deciding next moves

Austan Goolsbee, president of the Federal Reserve's Chicago branch, talks with The Associated Press about inflation, the job market and when rate cuts could resume
February 14
(AP Illustration / Jenni Sohn)
February 14

Daughters of Target's late cofounder raise concern over company's pullback on DEI efforts

The daughters of one of the cofounders of Target are expressing their alarm and shock at the discounter’s recent moves to roll back its diversity, equity and inclusion program
February 14
FILE - A person heads into a Target store Thursday, Jan. 11, 2024, in Lakewood, Colo. (AP Photo/David Zalubowski, File)
February 14

Builders offering valuable incentives to entice homebuyers

Americans looking to buy a newly built home this spring are likely to get a helping hand with their mortgage rate and other costs
February 14
February 14

Michigan judge sentences Walmart shoplifters to wash cars in the parking lot

A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives
February 14
FILE - Shoppers head into and out of a Walmart store, Feb. 7, 2025, in Englewood, Colo. (AP Photo/David Zalubowski, FILE)
February 14

US retail sales plunged along with temperatures in January

U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores
February 14
FILE - A table is stacked with striped lounge sets in a Costco warehouse Monday, Feb. 3, 2025, in east Denver. (AP Photo/David Zalubowski)
February 14

Elon Musk met with Modi during Indian PM's US visit. What does he want from India?

Indian Prime Minister Narendra Modi and SpaceX CEO Elon Musk met during Modi's visit to the U.S., where he spoke with Trump about trade and tariff concerns
February 14
FILE - Elon Musk listens as President Donald Trump meets with India's Prime Minister Narendra Modi in the Oval Office of the White House, Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon,File)
February 14

Can suspending a cage-free egg law solve the soaring price problem? Nevada takes a crack at it

Record high egg prices prompted Nevada lawmakers to unanimously back suspending their cage-free egg law, but the six other states with similar laws in effect have shown no sign of dropping them even if it might help lower grocery bills
February 14
Red Star hens, a hybrid breed that lays large brown eggs, walk around outside their coop at Historic Wagner Farm, Friday, Feb. 7, 2025, in Glenview, Ill. (AP Photo/Erin Hooley)
February 13

Stock market today: Asian stocks mostly up, as Chinese technology firms see stock rally

Asian stocks were mostly up Friday, on the back of a near-record rally on U.S. stocks as investors paid little attention to U.S. President Donald Trump’s latest tariff threats
February 13
FIL:E - The New York Stock Exchange is shown in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)
February 13

European naval force helps free ship seized by suspected Somali pirates off Horn of Africa

A European naval force in the Mideast helped free a Yemeni fishing boat seized by suspected Somali pirates off the Horn of Africa
February 13
February 13

White House blocks AP reporter from Trump-Modi news conference because of Gulf of Mexico fight

The White House had blocked an Associated Press journalist from a news conference with two major world leaders
February 13
President Donald Trump and India's Prime Minister Narendra Modi shake hands during a news conference in the East Room of the White House, Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon)
February 13

Why some Hong Kongers live in homes smaller than a parking space, by the numbers

Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a flat into two or more units
February 13
Multi-plug electric sockets are seen at a bed space in Sham Shui Po district of Hong Kong, on Feb. 6, 2025. (AP Photo/Chan Long Hei)
February 13

A crackdown on substandard homes leaves low-income Hong Kongers wondering where to go

Hong Kong plans to crack down on poor-quality subdivided flats are leaving many low-income residents uncertain about their future in one of the world’s most expensive housing markets
February 13
A resident rests in his bed space in Sham Shui Po district of Hong Kong, on Feb. 6, 2025. (AP Photo/Chan Long Hei)
February 13

State Department halts plan to buy $400M worth of armored vehicles from Musk's Tesla

The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase
February 13
FILE- Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla's design studio, March 14, 2019, in Hawthorne, Calif. (AP Photo/Jae C. Hong, File)
February 13

EPA chief says he will seek return of $20 billion in clean-energy grants awarded by Biden

In a major reversal, the new head of the Environmental Protection Agency says he'll try to rescind $20 billion in grants awarded by the Biden administration for climate and clean-energy projects
February 13
Former Rep. Lee Zeldin, R-N.Y., President-elect Donald Trump's pick to head the Environmental Protection Agency, appears before the Senate Environment and Public Works Committee on Capitol Hill, Thursday, Jan. 16, 2025, in Washington. (AP Photo/Mark Schiefelbein)
February 13

Americans' credit card debt reaches new record high: Federal Reserve

Credit card balances now stand at a record-high $1.21 trillion.
February 13
Visa credit cards are displayed in Washington, Oct. 27, 2009.
February 13

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway
February 13
FILE - A "For Sale by Owner" sign is displayed in front of a home in Niles, Ill., Friday, Nov. 1, 2024. (AP Photo/Nam Y. Huh)
February 13

Igloo recalls over 1M coolers after handle hazard causes some fingertip amputations

Igloo is recalling more than 1 million of its coolers sold across the U.S., Mexico and Canada due to a handle hazard that has resulted in a handful of fingertip injuries, including some amputations
February 13
This photo provided by U.S. Consumer Product Safety Commission shows an Igloo 90 Qt. Flip & Tow Rolling Cooler that has been recalled across the U.S., Mexico and Canada due to a handle hazard that has resulted in a dozen fingertip injuries, including some amputations, Thursday, Feb. 13, 2025. (U.S. Consumer Product Safety Commission via AP)
February 13

PSG president Al-Khelaifi handed preliminary charges in France in corruption probe

Paris Saint-Germain president Nasser Al-Khelaifi has been handed preliminary charges from an investigation into possible corruption, a judicial official has told The Associated Press
February 13
FILE - PSG president Nasser Al-Khelaifi speaks during a press conference at the new Paris-Saint-Germain training ground Wednesday, July 5, 2023 in Poissy, west of Paris. (AP Photo/Aurelien Morissard, File)
February 13

Breakfast is booming at US restaurants. Is it also contributing to high egg prices?

It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem
February 13
Eggs in a bowl after being cracked during the process of making a fresh omelette at The Breakfast Brothers restaurant, Wednesday, Feb. 12, 2025, in Arlington, Texas. (AP Photo/Julio Cortez)
February 13

Number of Americans seeking jobless benefits falls as employers hold on to workers

U.S. applications for unemployment benefits fell last week as employers continue to retain workers despite resurgent inflation and elevated interest rates
February 13
FILE - A hiring sign is seen in Waukegan, Ill., on Sept. 28, 2024. (AP Photo/Nam Y. Huh, File)