Bank reports a test for high share prices
The biggest U.S. bank stocks have soared over the past six months, outpacing the S&P 500's gains. But whether they can maintain that momentum is the big questi…
National Business News
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Consumer inflation stayed high in March
WASHINGTON -- Consumer inflation remained persistently high last month, driven by rising prices for gasoline, rent, auto insurance and other items, the governm…
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Delta reports narrow 1Q profits
Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer.
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FCC rules detail broadband costs
NEW YORK -- Much like nutritional labels on food products, "broadband labels" for internet packages will soon tell customers just what is going into the pricin…
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Meta ad costs said to soar as sales wane
Businesses that rely on Facebook and Instagram advertising to stay afloat have noticed something startling over the past two months: Meta Platforms Inc.'s norm…
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Ford recalls 43,000 SUVs over gas leak
DETROIT -- Ford is recalling nearly 43,000 small SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires.…
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Starbucks aims to reduce mistakes with acoustics
Starbucks Corp. doesn't want its customers to have to shout to order their iced lattes.
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Decreasing stocks raise concern about inflation
NEW YORK -- A washout on Wall Street sent stocks sinking Wednesday, as worries rose that what seemed like a blip in the battle to bring down inflation is turni…
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Buffett leaves the table at charity’s lunch auction
The California homeless charity that received $53 million over the years from investors who wanted a private lunch with billionaire Warren Buffett has found a …
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30-year mortgages rise above 7% again
U.S. mortgage rates last week topped 7% for the first time in a month, while home purchase applications fell by the most since mid-February.
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EPA rule raises standards for plants
WASHINGTON -- More than 200 chemical plants nationwide will be required to reduce toxic emissions that are likely to cause cancer under a new rule issued Tuesd…
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Norfolk Southern agrees to settle suit
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement for a fiery train derailment in February 2023 in eastern Ohio, but local r…
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Biden to host Japan’s top leader
WASHINGTON-- Japanese Prime Minister Fumio Kishida started a visit to Washington on Tuesday aiming to spotlight shared concerns about provocative Chinese milit…
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Vendor leaks Home Depot private data
Private information for about 10,000 Home Depot employees has been leaked onto a website used by internet hackers, according to the company and reporting by a …
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$6.6B deal to expand microchip resources
WILMINGTON, Del. -- The Biden administration pledged Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it …
