AP Business

Home sales fell again in August as homebuyers grapple with rising mortgage rates and...

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LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell for the third month in a row in August, as higher mortgage rates,...

Rupert Murdoch, whose creation of Fox News made him a force in American politics,...

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NEW YORK (AP) — Rupert Murdoch, the 92-year-old Australian media magnate whose creation of Fox News made him a force in American politics, is...

Turkey’s central bank hikes interest rates again in further shift in economic policies

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ISTANBUL (AP) — Turkey’s central bank raised its key interest rate by 5 percentage points Thursday, another large but expected hike that signals a...

US applications for jobless benefits fall to lowest level in nearly 8 months

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U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in...

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI...

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Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be...

Governors, Biden administration push to quadruple efficient heating, AC units by 2030

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A group of 25 state governors that make up the U.S. Climate Alliance and the Biden administration announced a pledge Thursday to quadruple the...

Bank of England joins US Fed in keeping interest rates unchanged after inflation declines

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LONDON (AP) — The Bank of England on Thursday joined the U.S. Federal Reserve in pausing interest rate increases after a surprising fall in...

Sweden’s central bank hikes key interest rate, saying inflation is still too high

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STOCKHOLM (AP) — Sweden’s central bank raised its key interest rate Thursday, saying that “inflationary pressures in the Swedish economy are still too high,”...

Stock market today: Wall Street poised for more losses after Fed says rates may...

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Markets on Wall Street are poised to open with losses on Thursday after the Federal Reserve said it may not cut interest rates next...

First private US passenger rail line in 100 years is about to link Miami...

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MIAMI (AP) — The first big test of whether privately owned high-speed passenger train service can prosper in the United States will launch Friday...