The Business desk
Markets, the economy and the world of enterprise.
47 stories right now
The deal comes as Iran-backed Houthis escalate attacks on Saudi Arabia and seek control of the strategically important Bab el-Mandeb Strait.
There has been considerable debate over regulating the artificial intelligence industry, but much of that effort has stalled. Cecilia Kang, a technology reporter for The New York Times, explains why.
Russia’s upcoming election is expected to cement United Russia’s dominance, but voter turnout and its margin of victory could offer clues to public discontent.
The major averages rose in Thursday's regular trading session following Wednesday's first Federal Reserve interest rate hike in three years.
The yen weakened past 157 against the dollar, the yield on the 10-year Japanese Government Bond slipped, while the Nikkei 225 gained 1.5%.
Sigel said that conversations with institutional clients, from advisors to sovereign wealth funds indicate that they are all buying bitoin.
Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.
The decision was split 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the hike.
The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
Oil prices fell on Friday as additional Saudi crude supplies help ease disruption fears.
The gathering in Scotland brought together industry leaders amid a growing debate about the safety risks of unchecked artificial intelligence.
Anthropic said it measured AI-led research and development, oversight of AI agents and compute allocation within the company.
Alex Gibney’s “Musk” will arrive in United States theaters next month. Universal says it remains committed to releasing it overseas but has yet to set dates.
“The higher that yields go — for at least new money — it becomes more enticing to think about putting money into bonds,” one strategist notes.
Investor fears about an AI spending slowdown and the impact of interest-rate hikes are subsiding.
For six months, investors had a playbook: when Trump threatens Iran, buy the dip, because he always backs down. But in September, the playbook stopped working.
As the midterm elections approach, Republicans are touting President Donald Trump's "big beautiful bill" to voters. Here's who benefited from the tax cuts.
Slower-than-expected robotaxi progress is still a chief concern, according to experts.
President Donald Trump wants his name on the Kennedy Center. But a judge has ruled it cannot be placed there without authorization by Congress.
You want to make sure your pet can receive the care they need when an emergency happens — but is pet insurance the best way to prepare for that?
As people clamored for Pokemon’s 30th-anniversary card set, Mizuho analysts noted long lines and sold-out items at Target stores.
The next U.S. president and candidates for Senate this November will be tasked with addressing Social Security's funding shortfall.
With its East-West pipeline shut down, the Straight of Hormuz is the best avenue available and its spigot has recently opened up. Will it last?
“We also pay for the daughter’s food and drinks and she doesn’t usually even eat half of the meal.”
Zscaler’s stock has missed out on the cybersecurity sector’s big rally this year — but it could soon get its moment in the spotlight
The Agriculture Department hopes Americans will pay more for U.S. beef, in an attempt to appease ranchers upset over increased, cheaper imports.
BofA analysts say Amazon’s reported plans to expand same-day fulfillment centers represent an effort to make basic goods “immediately accessible.”
The World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.
The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism.
The startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms
Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.
The Federal Reserve’s unanimous vote to raise its benchmark lending rate has rankled President Trump, who continues to demand lower borrowing costs.
Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation.
OpenAI has disclosed six new cases of model misbehavior and offered a framework for disclosing future instances, as the debate over AI model safety intensifies.
Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
Amazon.com said it is open to talks with officials from the Canadian and Quebec governments about the decision to shut down operations in the country’s French-speaking province, which would lead to 1,700 people losing their jobs.
Once a stalwart supporter of Black and LGBTQ rights, the retailer joined corporate America’s retreat from DEI initiatives.
Find insight on Cnooc, YTL Power International, Ampol, and more in the latest Market Talks covering energy and utilities.
Novo Nordisk shares rose sharply after the Danish pharmaceutical giant said an experimental weight-loss shot helped patients lose 22% of their body weight in a clinical trial.
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.
The search giant has offered to start punishing British businesses that boost their star ratings with fake reviews and the people that post them, ending the U.K. competition watchdog’s investigation into online reviews.
The company’s shares fell to the bottom of the Stoxx Europe 600 index as higher operating costs and weakness in some of its business units dented earnings.
The New York telecommunications giant’s quarterly earnings beat Wall Street forecasts as higher prices helped to boost revenue.
Driving an electric car in a wildfire emergency has its own unique challenges and benefits.