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Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months. The average rate … more
Booming sales of cold drinks at Starbucks stores have created a problem: growing amounts of plastic waste from the single-use cups that Frappuccinos, Refreshers, cold brews and other iced drinks are … more
The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices. Sales of previously occupied U.S. homes fell 4.3% in March from the … more
The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but … more
Croatia’s ruling conservatives says that talks are already underway on the formation of a new governing majority following a highly contested parliamentary election that saw a far-right party … more
The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool it off. The Labor Department reported … more
The European Union’s top diplomat is urging the Group of Seven to take quick and concrete steps to provide more air defense systems to Ukraine. EU foreign policy chief Josep Borrell warned Thursday … more
Europe wants two things from China: First, a shift in its relatively pro-Russia position on the war in Ukraine. Second, a reduction in the trade imbalance. It’s not clear if it will get very far on … more
Europe’s farmers are angry, and staging their biggest protests in half a century. Far right groups are egging them on, and hoping to ride their anger to new success in European Parliament elections … more
The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. Senate Majority … more
A California lawmaker wants to require limited liability companies and similar businesses to report the identities of their owners to the government. Such information would be available for public … more
Casinos in the northeastern U.S. are dealing with numerous challenges as they brace for the arrival of new competitors in New York City. A potential smoking ban in Atlantic City, an ongoing debate … more
CSX railroad's first-quarter profit slipped 10% even though the railroad delivered 3% more goods as shipments it handled shifted to a less-profitable mix. The railroad based in Jacksonville, Florida, … more
A U.S. government investigation into unexpected automatic braking involving nearly 3 million Hondas is a step closer to a recall. The National Highway Traffic Safety Administration said Wednesday it … more
A civilian contractor sent to work as an interrogator at Iraq’s infamous Abu Ghraib prison resigned within two weeks of his arrival and told his corporate bosses that mistreatment of detainees was … more
The Biden administration has reimposed crushing oil sanctions on Venezuela in a rebuke to President Nicolas Maduro’s attempts to consolidate his rule just six months after the U.S. eased … more
Phish has been performing to thousands of dedicated fans for decades and prides itself on never playing the same show twice. Those fans will get another new experience this week when Phish takes the … more
Union Pacific dramatically reduced its use of temporary limits on some businesses’ shipments over the past year after its customers complained. But regulators said Wednesday the railroad must go … more
The ride-hailing company Uber says it's banned an account that sent a driver to the Ohio home where an 81-year-old man allegedly shot the woman to death. Uber says Wednesday the March 25 shooting … more
The owner of the container ship Dali has initiated a process requiring owners of the cargo on board to share salvage costs after the deadly collapse of Baltimore’s Francis Scott Key Bridge. The … more
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