The Associated Press
Business News
Home prices are soaring. Is this another bubble?
"It's a strange market that seems like an anomaly," one expert said.
May 11, 2024Saudi Arabia's national carrier orders more than 100 new Airbus jets as it ramps up tourism push
Saudi Arabia’s national airline said Monday that it ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists
May 20, 2024The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.
May 16, 2024
Latest Business Video
Latest Business Video
Latest Business Headlines
1 hour ago
New safety rules set training standards for train dispatchers and signal repairmen
New federal certification rules have been finalized for train dispatchers and signal repairmen will set minimum standards for those jobs to counteract the investor pressure on railroads to continually cut costs while making sure those employees have th...
1 hour ago
3 hours ago
Drone pilot can't offer mapping without North Carolina surveyor's license, court says
A federal appeals court says a North Carolina regulatory board didn’t violate a drone pilot’s constitutional rights when it told him to stop advertising and offering aerial map services because he lacked a surveyor's license
3 hours ago
3 hours ago
The White House says FDIC Chairman Martin Gruenberg to step down following reports of agency’s toxic workplace culture
The White House says FDIC Chairman Martin Gruenberg to step down following reports of agency’s toxic workplace culture
3 hours ago
3 hours ago
Trump Media and Technology Group posts more than $300 million net loss in first public quarter
Trump Media and Technology Group, the owner of social networking site Truth Social, lost more than $300 million last quarter
3 hours ago
May 20
How major US stock indexes fared Monday, 5/20/2024
U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record
May 20
May 20
2 top Penguin Random House editors are leaving amid ongoing changes at publishing house
Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational change
May 20
May 20
Bankruptcy judge approves Genesis Global plan to refund $3 billion to creditors, crypto customers
A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors, including thousands of people who New York regulators say were defrauded by the company
May 20
May 20
Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away
Billionaire philanthropist Rob Hale has surprised the graduating class at the University of Massachusetts Dartmouth by giving each of them $1,000
May 20
May 20
Top U.S. drug agency a notable holdout in Biden's push to loosen federal marijuana restrictions
The Biden administration’s push to reclassify marijuana as a less-dangerous drug is going forward without the support of the nation’s premier narcotics agency
May 20
May 20
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell 26 cents to $79.80 per barrel Monday
May 20
May 20
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the country
May 20
May 20
Is it too late to join the bull market? Experts weigh in.
The Dow stands above 40,000 for the first time in history.
May 20
May 20
Microsoft's AI chatbot will 'recall' everything you do on a PC
Microsoft wants laptop users to get so comfortable with its artificial intelligence chatbot that it will remember everything you’re doing on your computer and help figure out what you want to do next
May 20
May 20
California congressman urges closer consultation with tribes on offshore wind
A California congressman says tribes should be more involved in the decision-making process for the development of the first offshore wind farms along the West Coast
May 20
May 20
EPA warns of increasing cyberattacks on water systems, urges utilities to take immediate steps
The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe
May 20
May 20
Senate report finds parts made with China's forced labor in cars by BMW, Jaguar Land Rover and VW
A Senate inquiry has found BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor
May 20
May 20
Is that 'Her'? OpenAI pauses a ChatGPT voice after some say it sounds like Scarlett Johansson
OpenAI says it plans to halt the use of one of its ChatGPT voices after some users said it sounded like “Her” actor Scarlett Johansson
May 20
May 20
'The Apprentice,' about a young Donald Trump, premieres in Cannes
While Donald Trump’s hush money trial entered its sixth week in New York, an origin story for the Republican presidential candidate premiered at the Cannes Film Festival, unveiling a scathing portrait of Trump in the 1980s
May 20
May 20
Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87
Boesky, involved in one of the biggest insider trading scandals, dies at 87.
May 20
May 20
Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports
Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports
May 20
May 20
Saudi Arabia's national carrier orders more than 100 new Airbus jets as it ramps up tourism push
Saudi Arabia’s national airline said Monday that it ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists
May 20
May 20
Norwegian Cruise Line, Wix.com rise; Cushman & Wakefield, Target fall, Monday, 5/20/2024
Stocks that traded heavily or had substantial price changes on Monday: Norwegian Cruise Line, Wix
May 20
May 20
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
The CIA’s first chief technology officer Nand Mulchandani is marshaling generative AI tools to the intelligence agency
May 20
May 20
The White House says FDIC chairman to step down following report on agency's toxic workplace culture
The chairman of the Federal Deposit Insurance Corporation will step down from his post once a successor is appointed
May 20
May 20
This Week: Home sales, Fed meeting minutes and consumer sentiment index
The National Association of Realtors releases its monthly snapshot of existing U.S. home sales Wednesday
May 20
May 20
Uber and Lyft say they won't leave Minnesota after all — and drivers are getting a raise
Uber and Lyft announced they will keep operating in Minnesota, now that state lawmakers have passed a measure that will increase driver pay to a level the companies can accept
May 20
May 20
Target to lower prices on thousands of basic items as inflation sends customers scrounging for deals
Target is cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets
May 20
May 20
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
Casual dining chain Red Lobster has filed for Chapter 11 bankruptcy protection
May 20
May 20
Nickel-rich Indonesia pitches EV battery plant plan to Elon Musk
Indonesia’s top investment official says the government has proposed building an electric vehicle battery plant to Tesla CEO Elon Musk
May 20
May 20
Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
Numbers show that the economy during Donald Trump’s presidency has never lived up to his own hype
May 20
May 20
Sour Patch Kids Oreos? Peeps Pepsi? What's behind the weird flavors popping up on store shelves
Surprising flavor combinations – think gravy-flavored Jones Soda or Sour Patch Kids Oreos -- are showing up more frequently in grocery stores and restaurants
May 20
May 20
Stock market today: Nasdaq composite ticks higher to a record after a quiet day on Wall Street
U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record
May 20
May 19
Things to know about an AI safety summit in Seoul
South Korea is set to host a mini-summit this week on risks and regulation of artificial intelligence
May 19
May 19
China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
China’s Ministry of Commerce has announced sanctions against Boeing and two other defense companies for their arms sales to Taiwan
May 19
May 19
China sanctions Boeing, two other U.S. defense companies on day of Taiwan's presidential inauguration
China sanctions Boeing, two other U.S. defense companies on day of Taiwan's presidential inauguration
May 19
May 19
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature before the midnight deadline
May 19
May 19
Bruce Nordstrom, who helped grow family-led department store chain, dies at 90
Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand, has died
May 19
May 19
Russian court freezes assets of 2 German banks in gas project dispute
The Russian state news agency Tass says a court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia
May 19
May 19
What happened in the UK's infected blood scandal from the 1970s to '90s?
The final report of the U.K.’s infected blood inquiry has been published, six years after it started its work
May 19
May 19
Companies are trying to attract more smartphone users across Africa. But there are risks
Internet-enabled phones can play a unique role in sub-Saharan Africa, where infrastructure and public services are among the world’s least developed
May 19
May 19
Disneyland character and parade performers in California vote to join labor union
Disneyland performers who help bring Mickey Mouse, Cinderella and other beloved characters to life have chosen to unionize following a three-day vote
May 19
May 18
Elon Musk launches Starlink satellite internet service in Indonesia, world's largest archipelago
Elon Musk has traveled to Indonesia’s resort island of Bali to launch Starlink satellite internet service in the world’s largest archipelago nation
May 18
May 18
Vegas tourism authority sponsoring each Aces player for $100K in 2024 and 2025; WNBA investigating.
Vegas tourism authority sponsoring each Aces player for $100K in 2024 and 2025.
May 18
May 18
Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says
Yemen’s Houthi rebels hit an oil tanker in the Red Sea with a ballistic missile, damaging the Panama-flagged, Greek-owned vessel in their latest assault over the Israel-Hamas war
May 18
May 18
88rising record label paving the way for Asian artists in all genres in America
88rising has been a key driver in globalizing the music scene.
May 18
May 18
Trump trusted more than Biden on inflation, a top issue for voters, poll shows
Eighty-five percent of people surveyed said inflation is an important issue.
May 18
May 17
Jury finds Honolulu's former top prosecutor and 5 others not guilty in a federal bribery case
Honolulu's former top prosecutor has been found not guilty in a bribery case that alleged employees of an engineering and architectural firm bribed him with campaign donations in exchange for his prosecution of a former company employee
May 17
May 17
UN experts say South Sudan is close to securing a $13 billion oil-backed loan from a UAE company
U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves
May 17
May 17
New endangered listing for rare lizard could slow oil and gas drilling in New Mexico and West Texas
Federal wildlife officials have declared a rare lizard in southeastern New Mexico and West Texas an endangered species
May 17
May 17
How major US stock indexes fared Friday, 5/17/2024
U.S. stocks drifted to a mostly higher close on Wall Street, marking their fourth winning week in a row
May 17