US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.
Prices rose 3.8% over the last year, according to the data from the Bureau of Labor...
The board of eBay has rejected the US video games retailer GameStop’s surprise $55.5bn bid (£41bn) for the online marketplace, describing the proposal as “neither credible nor attractive”.
Earlier this month, GameStop made an unsolicited bid for eBay, publishing a...
US workers overwhelmingly support pro-worker policies on artificial intelligence (AI) and view labor unions as the most reliable protectors of workers from the effects of AI, according to a new poll released by the AFL-CIO, the largest federation of...
New legal action aims to head off a Trump administration plan to open up to 24m acres of federal lands to cattle grazing, which opponents characterized as a gift to big agriculture and said could cause a spike in...
Oil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”.
The president’s rejection of Tehran’s overture in a post on his Truth Social platform triggered a jump in Brent crude,...
The US Senate is expected to confirm Kevin Warsh this week as chair of the Federal Reserve, as Donald Trump continues his campaign to influence the world’s most important central bank.
The Fed’s influence over the economy spans from the...
Investors in JP Morgan have been urged to vote in favour of splitting the role of chief executive and chair at America’s largest bank, amid concerns over the power wielded by its billionaire boss Jamie Dimon.
ISS and Glass Lewis,...
Saudi Arabia’s state oil company reported a 26% jump in profits in its first quarter as its east-west pipeline allowed it to ship millions of barrels of oil out of the Gulf despite conflict in the Middle East.
Profits at...
Chelsea Blackmore saves up every year for an annual vacation with her 58-year-old mother. This year, after landing an especially good deal, they made plans to embark on a Disney cruise from Orlando.
To keep costs low, she bought the...
General Motors (GM) agreed to pay $12.75m to resolve claims that it illegally sold hundreds of thousands of Californians’ location and driving data to two data brokers, said the state’s attorney general, Rob Bonta, on Friday. He said this...
