Fed leaves interest rates unchanged as inflation substantially eases
Fed Chair Jerome Powell said Wednesday the Fed decided to leave interest rates unchanged. He said during a press conference that Inflation has eased substantially…
Meta settles data privacy lawsuit, agrees to pay Texas $1.4 billion
1 of 2 | Meta has agreed to pay the state of Texas $1.4 billion, in the largest data privacy settlement brought by a state.…
Air New Zealand becomes first major airline to drop 2030 climate goals
Image of Air New Zealand check-in counter at Sydney International Airport in Sydney, Australia, on June 23, 2021. Air New Zealand said on Tuesday it…
Surging demand, soaring price tags lead to fake Ozempic doses | Business and Economy
Around the globe, the growing class of weight loss drugs called GLP-1 agonists has been a game-changer. This includes the blockbuster drug semaglutide, better known…
Troubled Chinese developer Country Garden wins 6-month reprieve from liquidation
Chinese property giant Country Garden Holdings on won a temporary reprieve from possible bankruptcy Monday after a Hong Kong court gave it more time to…
Union for Maryland Apple workers reaches first-ever labor deal
Employees at Apple's Towson, Md., store reached a labor agreement before other high-profile unionization efforts, such as Starbucks and Amazon. File Photo by Brian Kersey/UPI…
Trump addresses Bitcoin Conference in pro-crypto shift for campaign
Donald Trump pledged that, as president, he would end President Joe Biden's "war on crypto." Photo by Allison Dinner/EPA-EFE July 27 (UPI) -- Donald Trump…
Where are the world’s millionaires and how is wealth divided globally? | Business and Economy News
The world has at least 58 million US dollar millionaires, accounting for 1.5 percent of the global adult population, according to the 2024 UBS Global…
Zymeworks Appoints Leone Patterson as Chief Business and Financial Officer
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
Egypt raises fuel prices to lock in IMF loan tranche | Business and Economy News
Petrol will cost up to 15 percent more from Friday.Egypt is raising fuel prices for the second time in four months, fulfilling an economic reform…
Germany’s business climate worsens in July: European stocks plunge
Germany's business sentiment worsened more than expected in July, marking the second consecutive monthly decline, bolstering fears that the Eurozone's largest economy is once again…
U.S. stock market sees worst single-day loss in 2-year period
Nasdaq Composite on Wednesday saw a 3.6% drop ending down down by 654.94 points, representing its own worst day since October 2022. S&P 500, however,…
Japan protests Russia ban on 13 business executives, including Toyota head | Russia-Ukraine war News
Russia did not give any reason for the selection of the people it had banned.Japan’s government said it has protested against Russia’s announcement that it…
India’s Modi sets aside billions for jobs, allies in post-election budget | Business and Economy News
India’s government has assigned billions of dollars for job creation and regions run by key coalition partners in a budget aimed at cementing the coalition…
DOT to investigate Delta’s ongoing disruptions after CrowdStrike IT outage
1 of 2 | Transportation Secretary Pete Buttigieg on Tuesday announced that the agency's office of Aviation Consumer Protection launch an investigation into Delta Air…
‘Greedy’ business owners leave once thriving UK seaside town 'in big trouble'
A business owner in Portrush, Northern Ireland, has called out the other businesses in his area for becoming "greedy" and "driving away" tourists as staycation…
Anant Ambani’s glitzy wedding highlights India’s ‘missing middle class’ | Business and Economy News
Ten million dollars to fly Justin Bieber to India’s financial capital Mumbai for an evening’s performance. An 800-guest cruise around the Mediterranean costing $150m. A…
McDonald’s $5 value meal to stay throughl August after ‘resonating’ with customers
1 of 2 | The McDonald's $5 value meal appears to be so popular that the company plans to extend the limited offer. File Photo…
CrowdStrike outage: ‘Significant number’ of affected systems restored
Travelers walk past a screen displaying a Microsoft Windows error message at Dulles International Airport in Washington, D.C. on Saturday. Chaos from Friday's global tech…
Disneyland union workers vote ‘yes’ to authorize strike
The last strike to hit Disneyland was in 1984 and lasted 22 days. File Photo by Brendan McDemid/EPA July 20 (UPI) -- Unions representing over…