Business

Attacks by Iran-backed Houthi militants on ships in the Red Sea have already rocked global trade. And there could be more disruptions and price increases to come for shipments of goods and fuel. Several major shipping lines …

In the high-dollar, high-tech world of chipmaking, $35 million is a pittance. But the Biden administration’s first CHIPS Act grant, to BAE Systems’ semiconductor plant in Nashua, New Hampshire, could still bring significant changes for …

Americans who are planning to visit Europe in 2024 don’t have to worry about applying to the European Union’s new travel authorization system yet. For almost a decade now, European Union authorities have been working …

Costco has found a new hit with online shoppers — gold. The retail warehousing giant sold more than $100 million of the precious metal in its first quarter, which ended Nov. 26, Costco CFO Richard Galanti told …

Coca-Cola is recalling cans of Diet Coke, Sprite, and Fanta Orange that were distributed in Alabama, Mississippi and Florida, saying the cans may contain ‘foreign material.’ The Food and Drug Administration disclosed the recall in …

Virtual Dining Concepts, a brand that partnered with YouTube star MrBeast in 2020, is continuing to push back against claims he made in a July lawsuit about their burger venture, according to a new legal …

The Federal Reserve again kept interest rates steady in final meeting of the year on Wednesday. The U.S. central bank left its benchmark rate at of 5.25% to 5.50%, where it has been since late …

There are signs that rents across America are starting to decrease after they spiked during the Covid-19 pandemic. The real estate brokerage Redfin said rents are falling at the fastest clip since the beginning of …

A long-standing federal food assistance program could be short $1 billion next year, leaving 2 million parents and young children without access to its support, a report from the Center for Budget and Policy Priorities …

The Dow Jones Industrial Average jumped to a record Wednesday as the Federal Reserve signaled it would cut rates several times next year, satisfying investors who hoped the central bank would finally start to acknowledge …