LA Post: Latest business news and finance headlines

Business|Economy|Finance

Bessent expects Japan to take action to boost yen, signals BOJ rate-hike chance

U.S.

August 31, 2026

Arts|Business|Crime|Economy|Finance

Kalshi permanently bans George Santos over State of the Union bets

Prediction market company Kalshi said on Monday it imposed a penalty of more than $71,000 on former U.S.

August 31, 2026

Business|Economy|Political|World

Trump was sending message to Iran with Kharg Island post, says Vance

U.S.

August 31, 2026

Business|Economy|Finance

FDIC defeats $1.71 billion claim over Silicon Valley Bank collapse, US judge rules

A U.S. judge said the former parent of Silicon Valley Bank cannot pursue a $1.71 billion claim against the FDIC stemming from the bank's March 2023 collapse, one

August 31, 2026

Business|Economy|Environment|Health

An L.A. neighborhood was terrorized by a warehouse inferno. The big cleanup is done, but the suffocating stench remains

August 08, 2026

Business|Economy|Finance

Peru seeks to lead UN labour body amid funding shortfall

Peru has entered the race to lead the International Labour Organization, its website showed on Monday, as the body grapples with a financial shortfall that may

August 31, 2026

Prediction market startup Kalshi permanently bans ex-US lawmaker Santos from trading

Kalshi permanently banned former U.S. congressman George Santos from its platform on Monday and imposed a penalty of $71,356, citing insider trading.

August 31, 2026

Business|Economy|Political|World

China's Xi tells Putin that foundations of ties will be stronger

Chinese President Xi Jinping on Monday told Russian President Vladimir Putin that under their "strategic guidance and joint efforts", the foundations of bilateral ties will

August 31, 2026

Business|Economy|Finance

Aon strikes $17 billion deal for rival USI as insurance consolidation accelerates

Aon said on Monday it will buy rival USI Insurance Services in a $17 billion deal from private equity firm KKR, in one of the biggest

August 31, 2026

Arts|Economy|Environment|Finance|Science

Experts, lawyers puzzled over US-Venezuela oil deal, call for contract transparency

A massive long-term oil deal expected to grant the U.S. access to a fifth of Venezuela's crude reserves has energy experts and lawyers questioning its legality and

August 31, 2026

Business|Economy

Trump to host oil executives after accusing refiners of gouging consumers

President Donald Trump has accused U.S. oil refiners of gouging Americans, called for a Justice Department investigation and urged companies to use their bumper

August 31, 2026

Arts|Economy|Entertainment|Interview|Opinion

Special Report-As U.S. agriculture wilts under financial pressure, former Arkansas farmer cultivates U.S. Senate bid

A decade ago, Hallie Shoffner quit a career in non-profits to help her aging parents run the family farm.

August 31, 2026

Business|Economy|Europe|Finance

German unions warn of massive opposition in turnaround dispute with Volkswagen

Germany's largest union, IG Metall, on Monday warned of maximum resistance to any efforts by Volkswagen to unwind a previously

August 31, 2026

Business|Economy|Finance|Science|Technology

At Jackson Hole, global central bankers glimpse dystopian AI future

Imagine a world where AI-powered trading is so prevalent, fast and effective that the Federal Reserve must give two news conferences, one for

August 31, 2026

Business|Economy

Australia's home prices extend declines in August as downturn deepens

Australian home prices fell for a fifth month in August as the housing downturn spread to more cities and regional areas, data showed on Tuesday, with the risk of more

August 31, 2026

Business|Crime|Economy|Finance|Technology

Meta removes ads for fraud apps posing as porn after India sounds alarm

Meta on Monday removed dozens of advertisements after India flagged a pattern of Facebook and Instagram ads using sexually explicit content to lure

August 31, 2026

Israeli fire kills five people in Gaza, medics say

Israeli airstrikes killed at least five Palestinians in the Gaza Strip on Monday, health officials said.

August 31, 2026

Business|Economy|Europe|Technology

German state leader urges joint effort to solve Volkswagen crisis

Volkswagen's workers, management and political leaders must work together to minimise the impact of job and capacity cuts at

August 31, 2026

Business|Economy

Australia's Qantas Airways ground crews vote to strike over 'rock bottom' pay

Some ground crew at Australia's largest airline, Qantas Airways, on Monday voted overwhelmingly in favour of strike action over pay and job conditions.

August 31, 2026

Economy

A look at Iran's Kharg Island and energy sector

Oil jumped on escalating Iranian tensions, including an AI-generated post by U.S.

March 18, 2026

Business|Economy|Finance|Stock Markets|US

Wall St opens lower as Middle East clashes send oil prices up

Wall Street's main indexes opened lower on Monday after military strikes between the U.S. and Iran drove up oil prices, fanning inflation worries as the interest-rate outlook turns

August 31, 2026

Depleted US oil stash loses potency as Iran war grinds on

Six months into the U.S.-Israeli war with Iran, Washington may find it harder to calm jittery oil

August 31, 2026

Business|Economy|Europe|World

German inflation accelerates in August, core stabilises

German inflation rose in August on higher energy prices due to the Iran conflict, but the increase was less than expected and core inflation stabilised,

August 31, 2026

Economy|Political|World

Turkey says it has Black Sea grain plan and is in contact with Russia, Ukraine

Turkey has prepared a plan for the safe passage of grain via the Black Sea and is in contact with both Russia and Ukraine regarding it, Foreign Minister Hakan Fidan said

August 31, 2026

Business|Economy|Finance|Food

Higher food inflation could constrain spending on non-food items, India report says

Higher food inflation could squeeze spending on non-food discretionary items by absorbing a larger share of household disposable income, the Indian government said in its

August 31, 2026

Arts|Economy|Europe|World

Italy's population to shrink by 4 million by 2050, stats agency says

Italy's population will shrink by almost 4 million by 2050, undermining the sustainability of its economy and welfare system as the proportion of elderly people increases,

August 31, 2026

Business|Economy|Finance|Stock Markets|US

Summer's over, buckle up!

A G20 gathering, key U.S. jobs data and central bank meetings in Canada and New Zealand all suggest there's not much downtime for traders catching up on that post-summer

August 28, 2026

Business|Economy|Environment|Science|Technology

Nepal floods expose risks to hydropower in a warming Himalayas

As rescuers in Nepal struggle to find hundreds of workers in the tunnels that were buried in last week's flooding, attention has focus on where to rebuild crucial hydropower projects

August 31, 2026

India must uphold water-sharing treaty with Pakistan, international court says

India must uphold a water-sharing treaty with Pakistan it suspended amid bilateral tensions and must limit work on an hydroelectric plant it is building in the Kashmir

August 31, 2026

Business|Economy|Finance|Stock Markets|Technology

Truth Social fund firm Yorkville America plans acquisition, more ETF launches

Yorkville America, the asset manager behind President Donald Trump's Truth Social exchange-traded funds, is close to completing an

August 31, 2026

Economy|Finance|Science|Technology

Advanced AI threatens the world’s financial system, watchdog says

August 31, 2026

Business|Economy|Finance|Stock Markets|Technology

How Tim Cook made Apple one of the world’s most valuable companies

August 31, 2026

Economy|Science|Technology

Japan to beef up its defense with drones, AI and missiles, defense budget plans show

Japan’s Defense Ministry has disclosed details of an 8.9 trillion yen ($55.6 billion) budget request for the next fiscal year that officials say will increase significantly after the government adopts new security and defense plans later in the year

August 31, 2026

Italy's revolving-door governments — the numbers behind the instability

Prime Minister Giorgia Meloni is due to set a record as leading Italy's longest-serving administration on September 4.

August 31, 2026

Arts|Economy|Europe

Meloni's big reforms flounder but security bills flourish in Italy

Prime Minister Giorgia Meloni's government took office in October 2022 and will become the longest-serving administration in the history of the Italian Republic on September 4

August 31, 2026

Economy|Finance|Stock Markets

Europe's STOXX 600 falls as oil prices jump, but secures fifth monthly gain

European shares fell on Monday as fresh U.S.-Iran military strikes drove oil prices and bond yields higher, though the benchmark STOXX 600 marked

August 31, 2026

Economy|Finance|Stock Markets

September risks are stacking up hard and fast for world markets

Traders will return from their August breaks to a host of risks for markets, including rising concern about high government

August 28, 2026

Economy|Finance|Science|Technology

AI-driven cyber risk is top concern for global financial stability, watchdog says

Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial

August 31, 2026

Business|Economy

Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs

U.S.

August 31, 2026

Bessent pushes back on fears over US debt market strains

U.S.

August 31, 2026

Business|Economy|Education

As Pell grants expand, students see openings to afford short-term job training

Colleges around the country are seeking approval for a new federal grant program, Workforce Pell, to aid students enrolled for short-term job training

August 31, 2026

Asia|Economy|Environment|Political|World

Great power rivalry threatens to overshadow a summit of some of the world's smallest island nations

Leaders from some of the world’s least populous states are gathering in Palau for the Pacific Islands Forum Leaders Meeting

August 31, 2026

Business|Economy|Finance

Chinese factory slump eases, but weak services signal uneven recovery

China's factory activity improved in August on stronger demand but remained in contraction, while services activity stayed weak, underscoring

August 31, 2026

NATO's Arctic moves pose 'direct threat' to Russia, foreign minister Lavrov says

Russia sees NATO activity in the Arctic as a direct security threat, Foreign Minister Sergei Lavrov said in an article published on Monday, as the alliance

August 31, 2026

Economy

Trump says Iran's Kharg is being 'blown to smithereens', but gives no details

Iran's energy hub of Kharg Island is being blown to smithereens, U.S.

August 31, 2026

Economy|Finance

Dollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160

The dollar held steady near a two-week high on Monday as markets ramped up bets on a rate hike after hawkish remarks by Federal Reserve Chair Kevin Warsh,

August 31, 2026

Business|Economy|Finance|Political

Bessent expects new US secondary sanctions weekly, aiming to increase pressure on Iran

The U.S.

August 31, 2026

Business|Economy

GM's Canadian workers approve deal adding truck to Ontario plant amid US trade war

General Motors workers in Canada on Sunday approved an agreement that would build a new heavy-duty truck in Ontario, part of a pledge by the automaker to invest in a country now

August 31, 2026

Asia|Economy|Political|World

Pacific forum kicks off in Palau without several leaders

At least five heads of government were absent from talks at the annual Pacific Island Forum that began on Monday, as China-Taiwan tensions weighed

August 31, 2026

Plan to cut number of polling sites in a major Texas county draws protests as Senate race looms

Plans in one of Texas’ largest counties to use dozens fewer polling location than previous years is drawing protests from Democrats who say the reductions could create confusion in the November midterm elections

August 31, 2026

Asia|Economy|Finance|Interview

Bessent says yen moves 'pretty contained' and not disorderly

U.S.

August 31, 2026

Economy|Political|World

US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

Treasury Secretary Scott Bessent says the Trump administration plans to impose sanctions on another bank this week in effort to clamp down on Iran transactions

August 31, 2026

Business|Economy

US Treasury blocks certain journalists from G20 meeting in North Carolina

The U.S. Treasury Department is preventing certain journalists from covering a finance meeting among the world’s most powerful countries

August 31, 2026

The rise of Yemeni coffeehouses in Dearborn and beyond

Yemeni coffeehouses have gained culinary prominence in recent years, offering brews of coffee and tea seasoned with cardamom, ginger, cloves and other ingredients.

July 20, 2026

Economy|Political|Travel

Google Maps changes Lake Ontario to ‘Lake America’ in US searches

August 31, 2026

Business|Economy|Finance

Aon close to acquiring USI Insurance from KKR in $17 billion deal, WSJ reports

Aon Plc is close to an agreement to acquire insurance brokerage USI Insurance Services from private equity firm KKR for about $17 billion, including debt, the Wall Street Journal

August 30, 2026

Arts|Economy|Europe

Ukraine defence chief to outline war plan as Kyiv seeks more funds

Ukraine's new defence minister said he would outline a "clear vision" for Kyiv's partners of how his country plans to fight Russia, as the government tries to

August 30, 2026

Arts|Economy|Europe|Science

Icelandic voters reject a proposal to restart negotiations to join the European Union

Iceland's voters have rejected a referendum to restart negotiations to join the European Union

August 30, 2026

Brazil’s black market for weight-loss drugs is booming. Smugglers are cashing in

August 30, 2026

Economy|Education|Science|Technology

Moulton says Sen. Markey, 80, is too old for another term. Young Massachusetts Democrats are divided

Young Massachusetts voters agree that 80-year-old U.S. Sen. Ed Markey stumbled when asked during a debate how he uses artificial intelligence

August 30, 2026

Arts|Economy|Europe|Finance

The battle to build a global defence bank

Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies

August 30, 2026

Business|Economy|Education

Malaysia PM unveils measures to tackle living costs, support local businesses

Malaysian Prime Minister Anwar Ibrahim on Sunday introduced measures to address rising living costs and support businesses, including restoring higher quotas for

August 30, 2026

Business|Economy|Europe|Finance|World

Europe's central bankers fear more turbulence in testy U.S. relations

Europe's central bankers are leaving an annual getaway with their U.S. counterparts far from reassured that

August 30, 2026

Investors prosper and consumers pay as the Iran war exacts an uneven economic toll 6 months in

Six months after the U.S. and Israel launched their war against Iran, the direst economic predictions haven't come true

August 30, 2026

Volunteers rescue climber stranded on small ledge in California's Sierra Nevada

Volunteers rescued a climber who was stranded on a ledge in the Sierra Nevada in an operation that spanned more than 15 hours

August 30, 2026

Economy|World

Venezuela's interim president says US energy deal will last 25 years

Venezuelan interim President Delcy Rodriguez said on Saturday that an energy agreement with the U.S. would remain in force for 25 years, target an increase in crude output

August 30, 2026

Arts|Business|Economy|Finance|World

US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports

The U.S. government plans to take a 35% passive stake in Venezuelan businessman Alejandro Betancourt’s North American Blue Energy Partners, the Wall Street Journal reported on

August 30, 2026

GM union deal would invest C$1.1 billion in Canada auto factories amid US tariff pressure

General Motors plans to assemble a heavy-duty pickup at an Ontario plant as part of a tentative deal with a key union that would pump C$1.1 billion ($791.31

August 30, 2026

2 LaGuardia air traffic controllers left work an hour early before deadly crash, AP source says

Two air traffic controllers could be fired for leaving the tower at New York’s LaGuardia Airport about an hour early on the night that an Air Canada jet smashed into a fire truck crossing the runway, killing both pilots

August 29, 2026

Arts|Economy|Europe|World

Trump's Greenland threats cast a shadow on Iceland's vote on whether to trigger EU membership talks

Voters in Iceland are deciding whether to resume negotiations to join the European Union

August 29, 2026

Business|Economy|Finance

Bessent says disorderly yen moves can destabilize global markets

U.S.

August 29, 2026

Business|Economy|Food

Trump is letting in 300,000 tons of beef duty-free. Don’t expect cheaper burgers

August 29, 2026

Economy|Finance|Sports

Young adults in U.S. have staked $5.4 billion this year on Kalshi

A new CNN analysis reveals young people in the U.S. aged 18 to 21 have placed wagers worth $5.4 billion on the Kalshi prediction market so far this year. Marshall Cohen breakdowns the numbers, and the backlash.

August 28, 2026

Six months into the Iran war, Iranian Americans remain divided over what comes next

August 29, 2026

Trump is staking out extreme positions on White House secrecy, legal experts say

August 29, 2026

Business|Economy|Finance

Warsh raises stakes for Fed's next meeting and other takeaways from Jackson Hole conference

Federal Reserve Chair Kevin Warsh provided his most detailed insights yet on how he views the central bank's fight against inflation in a high-profile speech an at annual economic conference in Jackson Hole Friday

August 29, 2026

Economy|Environment|Science

Colorado River plan to cut water amid drought brings uncertainty for cities and farmers

Mayor Robert Morris of Cave Creek, Arizona, is worried about more water shortages from the severely depleted Colorado River

August 29, 2026

The Earth is sizzling, but climate isn't a hot topic for Democrats in this year's campaigns

Climate change has become a less prominent election-year issue for Democrats as voters say concerns such as affordability are more pressing

August 29, 2026

Business|Economy|Europe

Lower Saxony premier urges agreement on VW restructuring before board meeting

One of the main players in a struggle to agree a restructuring plan for Volkswagen AG, Lower Saxony state Premier Olaf Lies, said there was heavy pressure on all sides to

August 29, 2026

Wall Street week ahead: The market eyes the monthly jobs report

Wall Street will get several important updates this week about the health of the U.S. jobs market

August 27, 2026

Trump says US is taking partial control of Venezuela's vast oil reserves

President Donald Trump on Friday announced an unprecedented U.S. push to take control of a fifth of Venezuela's vast oil reserves, betting that American companies

August 29, 2026

Business|Economy|Political

Can Trump actually change Lake Ontario to ‘Lake America’? Here’s what to know

August 28, 2026

Economy|Political|World

Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

President Donald Trump says his administration has entered a sweeping agreement with Venezuela that, if realized, could give the U.S. access to vast amounts of the South American country’s untapped oil reserves, at cost

August 29, 2026

Business|Economy|Political

Trump says US reaches deal with Venezuela to control 65 billion barrels of country’s oil reserves

August 29, 2026

Business|Economy|Political|Sports

Tampa Bay Rays set for new $2.3B stadium project after county and city approve financing plan

The Tampa Bay Rays have secured county approval for a financing plan to build a new stadium

August 29, 2026

Business|Economy|Finance

Investors heartened by Warsh inflation talk, still uncertain about Fed action

Investors were heartened on Friday by new Federal Reserve Chair Kevin Warsh's stated resolve to tame high

August 29, 2026

Arts|Business|Economy|Finance

Warsh's 'quieter Fed' now includes a smidgen of guidance

(Fixes name of podcast to Rapid Response in paragraph 16) By Michael S.

August 29, 2026

Business|Economy|Finance|Technology

Pinterest finance chief Julia Donnelly to step down in October

Pinterest said on Friday Chief Financial Officer Julia Donnelly will leave on October 30, and the company has launched an external search for

August 29, 2026

Economy|Political|World

Iran lashes out at US sanctions amid economic toll at home

Iran condemned the United States' new economic sanctions on Friday as "state terrorism" while its supreme leader

August 28, 2026

Civil rights groups make urgent plea for voting rights in DC, ahead of midterm elections

Hundreds of protesters have rallied on the National Mall for a march in support of voting rights and racial justice ahead of the midterm election

August 28, 2026

Arts|Business|Economy|Environment|Food

Trump vows legal order to break up 'nasty monopoly' in food processing

U.S.

August 28, 2026

Trump asks Supreme Court to uphold military’s ban on transgender service members

August 29, 2026

US diplomats and family members slowly begin to return to the Mideast embassies

American diplomats and at least some of their family members are beginning to return to U.S. embassies in the Middle East

August 29, 2026

Arts|Economy|Environment

California sues Trump administration over offshore wind lease cancelation

California on Friday sued the Trump administration and an offshore wind developer over a deal that canceled a planned project off the state's Central Coast in exchange for a $120

August 29, 2026

The bond market prepares for a hike to interest rates, while US stocks drift lower

The bond market swung as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control

August 28, 2026

Woman dies after tree falls on camper during severe storms

August 29, 2026

Business|Economy|Health|Science|Technology

Juul gets OK to sell updated vaping device with age-gating technology

E-cigarette maker Juul Labs has received U.S. permission to sell an updated version of its vaping device

August 29, 2026

Argentina beef exports to US face test from Trump proposal

Argentina's booming beef exports to the United States could face a new test after Washington moved to widen tariff-free access for suppliers, potentially increasing

August 29, 2026

Arts|Business|Economy|Finance

Brazil weighs lending curbs as household debt stress mounts

Brazil's central bank is studying measures to curb the rising debt burden of the country's consumers but plans first to

August 29, 2026

Business|Economy|Finance|Technology

Wall Street ends lower after Fed Chair Warsh reaffirms inflation fight

Wall Street's main indexes ended lower on Friday, with investors turning cautious after Federal Reserve Chair Kevin Warsh

August 28, 2026

Arts|Economy|Environment|Finance|Technology

Trump administration appeals $16 billion Hudson Tunnel funding order

The Trump administration on Friday appealed a court order requiring it to make payments for the $16 billion Hudson Tunnel project after losing its

August 28, 2026

Business|Economy

Brazil creates fewer formal jobs than expected in July

Brazil's economy created a net 58,568 formal jobs in July, data from the Labor Ministry showed on Friday, below the 112,000 net openings expected by economists in a

August 28, 2026

Economy|Finance

Stablecoins not a credible means of payment at scale, BIS chief says

Stablecoins do not credibly function as a means of payment at scale and tokenized deposits offer a more compelling case to harness the benefits of this new

August 28, 2026

US judge questions but won't yet block Trump's new birthright citizenship order

A federal judge on Friday declined to immediately block U.S.

August 28, 2026

Six consequences after six months of war in Iran

(Corrects last paragraph to say it is the Navy's longest deployment, not the longest deployment for the USS Gerald R.

August 27, 2026

Business|Economy|Finance

US targets Egyptian bank's UAE branches under new push for Iran's economic isolation

The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership

August 28, 2026

Business|Economy

Trump says he’ll make it easier for ranchers to process their own food after blowback over his beef policies

August 28, 2026

Arts|Economy|Entertainment|Finance

Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated

Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook

August 28, 2026

Economy|Environment|Health

In Puerto Rico, even when it doesn’t rain, it pours

August 28, 2026

Business|Economy|Finance|Stock Markets|US

Aggressive Treasury yield cap could weigh on dollar, says Citi's asset allocation head

Aggressive efforts by the U.S.

August 28, 2026

Bank of England's Bailey sees 'subdued' second-round inflation effects for now

Bank of England Governor Andrew Bailey said on Friday that he still saw little sign that the surge in energy prices caused by the U.S.-Iran conflict was creating serious longer-term

August 28, 2026

ECB should embrace blockchain to safeguard its role, Schnabel says

The European Central Bank should embrace blockchain technology to safeguard its role at the heart of the financial system, ECB board member Isabel Schnabel

August 28, 2026

Economy|Finance|Interview|Opinion|Stock Markets

Rate-hike expectations rise on Warsh speech at Jackson Hole

The Federal Reserve will "have work to do" if policymakers are not confident that underlying inflation is returning to its 2% target, Chair Kevin Warsh said on Friday in

August 28, 2026

Israel kills Hamas operative in rare West Bank air strike, military says

An Israeli strike killed a Hamas operative and two of his accomplices in the West Bank on Friday, the military said, in a rare use of deadly air power in the

August 28, 2026

Arts|Economy|Environment|Finance

Canada's budget deficit over first three months of 2026/27 shrinks to C$370 million

Canada recorded a sharply lower C$370 million ($266.57 million) budget deficit for the first three months of the 2026/27 fiscal year as government expenditures grew

August 28, 2026

Asia|Business|Economy|Finance

Private credit roundup-Institutional investors step up allocations to Asia

Institutional investors are increasing allocations to private credit in Asia.

August 28, 2026

Business|Economy|Finance|World

Canadian economy recovers sharply in second quarter as domestic demand revives, exports grow

Canada's economy rebounded sharply in the second quarter after six months of virtually no growth, aided by a strong jump in exports and solid domestic

August 28, 2026

Business|Economy|Finance|US

US employment growth only modestly lower than thought in BLS revision

U.S. employment grew slightly less than previously estimated in the 12 months through March, the government said on Friday, suggesting the modest pace of job creation that has

August 28, 2026

Even Cuba's stray cats are feeling the heat as crisis deepens

Cuban Gabriela Lopez runs a rescue center called Aldameros that would melt the heart of any cat lover.

August 28, 2026

Business|Economy|Finance|Stock Markets|Technology

HR software firm Workday reports revenue rise, flags strong AI uptake

(This Aug 27 story has been republished, with no changes to text.)

August 28, 2026

Business|Economy|Finance|Stock Markets|Technology

PayPal shares sink on reports Advent-Stripe consortium walks away from bid

PayPal shares fell 12% in morning trading on Friday, after reports that a consortium of buyout firm Advent International and

August 28, 2026

Arts|Economy|Europe

Dollar jumps after Warsh comments, set for weekly gain

The U.S. dollar saw strong gains on Friday, putting it on track for its biggest daily climb in 2-1/2 months after U.S.

August 28, 2026

Asia|Economy|Finance|Stock Markets|Technology

Stocks fall while dollar, bond yields rise as Warsh prompts rate hike bets

MSCI's global equities gauge fell in a choppy session on Friday, while short-dated U.S.

August 28, 2026

Business|Economy|Finance

Chile's Codelco posts stronger profit on copper rally as mine disruptions drag on output

By Natalia A.

August 28, 2026

Cambodia says no online scam compounds remain, experts skeptical

The Cambodian government has claimed a milestone in its fight against the scam industry accused of stealing billions of dollars from victims around the world, with officials saying

August 28, 2026

Economy

Trump to meet refiners, fuel retailers as Iran war boosts gas prices ahead of midterms, sources say

(This Aug 27 story has been republished, with no changes to text.)

August 28, 2026

Economy

Oil settles lower on clues about Fed policy, rumors of Hormuz deal

Oil prices settled lower on Friday, also down for the week as traders evaluated hints about the U.S.

August 28, 2026

Economy|Health|Science

Black lung rates soar in Appalachia, residents say more needs to be done

August 28, 2026

Economy|Political|World

Trump signs executive order to change Lake Ontario to 'Lake America'

President Donald Trump signed an executive order Thursday afternoon to change the name of Lake Ontario to “Lake America,” his latest escalation as he engages in a tense trade war with Canada. During the signing, he said, “We have a gulf and we have a lake. Now, all we need is an ocean."

August 28, 2026

Trump used to say he saw a quick end to his Iran war, but 6 months later he claims he's in no hurry

President Donald Trump marks an awkward moment in his second White House term as the U.S.-Israel conflict with Iran reaches the six-month mark

August 28, 2026

Ebola outbreak in eastern Congo spreads to 2 new health zones with a total of 60 areas now affected

Congo government figures show that the fastest-growing Ebola outbreak in history has spread to two new health zones in eastern Congo

August 28, 2026

Business|Economy

Fed Chairman Kevin Warsh stays quiet on interest rates but calls inflation ‘concerning’

August 28, 2026

Asia|Economy|Finance|World

Japan spent record $96.5 billion to support yen over past month, ministry data shows

Japanese authorities spent a record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to support the local

August 28, 2026

UN refugee agency scales back posts and budget for 2027, documents show

The U.N. refugee agency has scaled back its budget by 16% and lowered its official headcount by around 3,500 as it adapts to new financial constraints at a

August 28, 2026

Arts|Business|Economy

India's July industrial output growth slows to 6.7% y/y as mining contracts

India's industrial output growth slowed to 6.7% year-on-year in July, data showed on Friday, as mining activity contracted, with growth in manufacturing

August 28, 2026

Business|Economy|Finance

Global equity funds snap 13-week inflow streak

Global equity funds snapped a 13-week streak of inflows in the week ended August 26, as investors turned cautious ahead of an earnings report from AI heavyweight Nvidia and

August 28, 2026

Business|Economy

Bank of Canada to hold rates for another year, wait for more stability on trade: Reuters poll

The Bank of Canada will keep its overnight rate at 2.25% on Wednesday and leave it unchanged for at least another year, according to a Reuters poll of

August 28, 2026

Business|Economy|Finance|Technology

Marvell selloff deepens as investors seek clarity on Google AI deal payoff

Chip designer Marvell Technology's shares fell more than 8% to $221.6 in early trading on Friday as investors looked beyond the company's solid results in search of

August 28, 2026

Immigration enforcement is supplying a long-standing economic market for prisoners

Rural places have long built and expanded prisons to tap federal funds during hard times.

August 28, 2026

Business|Crime|Economy|Finance

China hands ex-Hubei party chief suspended death sentence for bribery

A Chinese court on Friday handed Jiang Chaoliang, former party boss of the central province of Hubei, a suspended death sentence over corruption and said he took in bribes

August 28, 2026

Business|Economy|Finance

Iran war drives US transport fuel surcharges, but also industry profits

U.S. retailers, manufacturers and small businesses are paying hefty fuel surcharges to ship their goods, not only as the U.S.-Israeli war on Iran

August 28, 2026

Arts|Economy|Environment|Sports

Judge blocks rule implementing Trump plan to restrict mail-in voting

A federal judge on Thursday blocked the U.S.

August 28, 2026

Economy|Education

Trump administration seeks to restrict internships for international students

(This Aug 27 story has been republished, with no changes to text.)

August 28, 2026

Economy|MidEast|Political|World

After six months, the Iran war has reached its endgame - a costly stalemate

The Iran war has reached its endgame: a costly stalemate.

August 27, 2026

Economy|Finance

Making the Fed more accountable to Congress and the public may be just what it needs to fend off Trump’s threats to its independence

The Federal Reserve is much more powerful than it was 20 years ago, which has prompted calls for a reset in how it answers to Congress and the public.

August 28, 2026

Business|Economy|Finance|Technology

Didi plans to invest over $200 million in Argentina, manager says

Chinese ride-hailing company Didi Global expects to invest more than $200 million in Argentina this year to launch new services in smaller cities

August 28, 2026

Business|Economy|Europe|Food

Dispute over cheese names causes stumbling block in US-Mexico trade negotiations

What's in a cheese name?

August 28, 2026

What is Radiant World and why is it in the news?

Commodity trader Radiant World is under scrutiny as counterparties have stopped doing business with it following news that authorities are investigating a report it provided

August 28, 2026

Business|Economy

Russian drones batter Ukraine's Kyiv region, hitting apartments and warehouses for a second day

Russian forces have resumed drone attacks on Ukraine’s Kyiv region that hit numerous buildings and storage depots

August 28, 2026

Crime|Economy|Education|Europe|Political

After King Harald V’s death, what comes next for Norway’s scandal-prone royals?

August 28, 2026

Economy|Election

Democrats and Republicans draw battle lines for November's general election with primaries ending

A political transition is underway during the late days of summer

August 28, 2026

Economy|Political|Sports|Technology

Young adults under 21 traded $5 billion on Kalshi this year, amid prediction market frenzy

August 28, 2026

Business|Economy|Europe

Italy business and consumer confidence rise in August

Italian business and consumer confidence rose in August, data showed on Friday, in a positive sign for the prospects of the euro zone's third largest economy.

August 28, 2026

Business|Economy|Europe

German chemical industry mood turns positive for first time in four years, Ifo says

Germany's chemical industry saw a sharp improvement in business sentiment in August, with companies turning positive on current conditions for

August 28, 2026

On islands key to Taiwan's defense, troops prepare for a Chinese first strike

In the pre-dawn darkness on an island in the Taiwan Strait, Taiwanese troops earlier this month pulled long, gleaming 105mm shells from

August 28, 2026

Economy|Europe

French preliminary inflation at 2.7% in August

The rise in French consumer prices accelerated in August, preliminary data from statistics agency INSEE showed on Friday.

August 28, 2026

Economy|World

Extensive power cuts hamper life in Sudan

Sudanese welder Shannan Mohammed has been building furniture for a family in Omdurman little by little as constant blackouts interrupt his work.

August 28, 2026

Arts|Economy|Europe

German unemployment rises slightly less than expected in August

The number of unemployed people in Germany rose slightly less than expected in August, labour office figures showed on Friday.

August 28, 2026

Arts|Economy|Europe

Congo's president calls for national dialogue to ease tensions, rebels excluded

Democratic Republic of Congo President Felix Tshisekedi has unveiled plans for a national dialogue aimed at easing political tensions, which have risen over a bill that

August 28, 2026

Business|Economy|Europe

Kimberly-Clark seeks EU approval for $40 billion Kenvue deal

(This Aug 28 story has been repeated with no changes to text.)

August 28, 2026

Economy|Europe|Finance

Flat French growth in the second quarter puts outlook at risk

French growth flatlined in the second quarter, the national statistics agency said on Friday, revising down a preliminary reading and casting doubt on the outlook for the

August 28, 2026