Business
Breaking news on business and Markets, including the latest news in economy, markets, industrials, companies, and real estate.
Business | LATEST STORIES
Protect Yourself From Homeowner Scams
Scammers prey on struggling homeowners with false promises that can lead to lost equity and foreclosure.
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Amazon Launches EU-Only AWS Cloud, Announces Expansion Across Europe
AWS plans to expand the sovereign cloud beyond Germany into more EU countries.
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People First Bank to Close 15 Physical Branches, 3 Agency Outlets
The bank will close more than a dozen physical outlets as branch and ATM numbers continue to fall nationwide.
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Home Prices Are Not Cratering—Even as Buyers Exit the Market
‘We have a very unusual marketplace,’ says Jim Righeimer, a former California mayor and real estate developer.
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Golden Handcuffs Loosen as Mortgages Above 6 Percent Exceed Share Below 3 Percent
‘This crossover reflects a gradual resetting’ in the U.S. real estate market, says Danielle Hale, chief economist at Realtor.com.
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Trump Signs Order Targeting Critical Mineral Supply Chain
A new executive order by President Donald Trump attempts to further strengthen America’s supply chains for critical minerals.
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Existing Home Sales Post Biggest Gains in Nearly 3 Years
The South and West regions dominated sales.
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October–December US Budget Deficit Down 15 Percent From Previous Year
Receipts rose 13 percent while outlays ticked up 2 percent in the first three months of the fiscal year.
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US Retail Sales Post Best Month Since July
Broad-based gains were driven by rebounding auto sales and robust holiday shopping. A key retail sales measure for GDP calculations also rose in November.
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China Ends 2025 With Record $1.2 Trillion Trade Surplus
Its trade surplus with the United States shrank by 22 percent last year.
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How the Housing Market Became a Trap for the Next Generation
Why housing no longer behaves like housing.
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Producer Prices Tick Up in November as Inflation Pressures Stabilize
Goods prices increased at the largest monthly gain since February 2024.
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What Is the Federal Funds Rate?
Understanding the federal funds rate helps explain why interest rates rise and fall across the economy.
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Saks Global Files for Bankruptcy Protection a Year After Neiman Marcus Deal
The luxury retailer said stores will remain open as it seeks to restructure debt and reset leadership.
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Starlink Activates Free Internet Access in Iran Amid Violent Clampdown, Nonprofit Says
Iranian group NasNet stated that it has discussed with Starlink and U.S. authorities about restoring internet in Iran.
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US Gives Go-Ahead for Nvidia’s H200 Chip Sales to China
Regulations say China cannot receive more than half of the quantity of chips sold to U.S. consumers.
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Protect Yourself From Homeowner Scams
Scammers prey on struggling homeowners with false promises that can lead to lost equity and foreclosure.
|
Amazon Launches EU-Only AWS Cloud, Announces Expansion Across Europe
AWS plans to expand the sovereign cloud beyond Germany into more EU countries.
|
People First Bank to Close 15 Physical Branches, 3 Agency Outlets
The bank will close more than a dozen physical outlets as branch and ATM numbers continue to fall nationwide.
|
|
Home Prices Are Not Cratering—Even as Buyers Exit the Market
‘We have a very unusual marketplace,’ says Jim Righeimer, a former California mayor and real estate developer.
|
Golden Handcuffs Loosen as Mortgages Above 6 Percent Exceed Share Below 3 Percent
‘This crossover reflects a gradual resetting’ in the U.S. real estate market, says Danielle Hale, chief economist at Realtor.com.
|
Trump Signs Order Targeting Critical Mineral Supply Chain
A new executive order by President Donald Trump attempts to further strengthen America’s supply chains for critical minerals.
|
Existing Home Sales Post Biggest Gains in Nearly 3 Years
The South and West regions dominated sales.
|
October–December US Budget Deficit Down 15 Percent From Previous Year
Receipts rose 13 percent while outlays ticked up 2 percent in the first three months of the fiscal year.
|
US Retail Sales Post Best Month Since July
Broad-based gains were driven by rebounding auto sales and robust holiday shopping. A key retail sales measure for GDP calculations also rose in November.
|
China Ends 2025 With Record $1.2 Trillion Trade Surplus
Its trade surplus with the United States shrank by 22 percent last year.
|
How the Housing Market Became a Trap for the Next Generation
Why housing no longer behaves like housing.
|
Producer Prices Tick Up in November as Inflation Pressures Stabilize
Goods prices increased at the largest monthly gain since February 2024.
|
What Is the Federal Funds Rate?
Understanding the federal funds rate helps explain why interest rates rise and fall across the economy.
|
Saks Global Files for Bankruptcy Protection a Year After Neiman Marcus Deal
The luxury retailer said stores will remain open as it seeks to restructure debt and reset leadership.
|
Starlink Activates Free Internet Access in Iran Amid Violent Clampdown, Nonprofit Says
Iranian group NasNet stated that it has discussed with Starlink and U.S. authorities about restoring internet in Iran.
|
US Gives Go-Ahead for Nvidia’s H200 Chip Sales to China
Regulations say China cannot receive more than half of the quantity of chips sold to U.S. consumers.
|