Category Archives: Business News
US intercepts fifth sanctioned tanker as it exerts control over Venezuelan oil distribution
By KONSTANTIN TOROPIN, AAMER MADHANI and MICHAEL BIESECKER Associated Press WASHINGTON (AP) - U.S. forces boarded another oil tanker in the Caribbean Sea on Friday, the U.S. military said, as the Trum...
Jan 09, 2026 People bathe in the sea as an oil tanker is seen anchored at the dock in the outskirts of 'El Palito' refinery on December 18, 2025 in Puerto Cabello, Venezuela. President Trump stated on December 17th that Venezuela took away oil rights from the US. Trump's administration has sanctioned Venezuelan oil with blockades, while many US Navy units are deployed off the coast of Venezuela under the premise of combating the drug cartels. (Photo by Jesus Vargas/Getty Images)
Most of Wall Street drifts as defense companies rally
By STAN CHOE AP Business Writer NEW YORK (AP) - Modest moves for Wall Street overall masked some big swings underneath the surface on Thursday, including for makers of weapons and other military equip...
Jan 08, 2026
Wall Street's strong start to the year slows
By STAN CHOE AP Business Writer NEW YORK (AP) - Wall Street's strong start to the year slowed on Wednesday. The S&P 500 slipped 0.3% from its latest all-time high for its first loss in four days. ...
Jan 07, 2026 Traders work on the floor of the New York Stock Exchange during morning trading on January 06, 2026 in New York City. (Photo by Michael M. Santiago/Getty Images)
Warner Bros rejects Paramount takeover again and tells shareholders to stick with Netflix bid
By WYATTE GRANTHAM-PHILIPS and MICHELLE CHAPMAN NEW YORK (AP) - Warner Bros. again rejected a takeover bid from Paramount and told shareholders Wednesday to stick with a rival offer from Netflix. Warn...
Jan 07, 2026 An aerial view of the Paramount logo displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. (Photo by Mario Tama/Getty Images)
Big Tech's fast-expanding plans for data centers are running into stiff community opposition
By MARC LEVY Associated Press SPRING CITY, Pa. (AP) - Tech companies and developers looking to plunge billions of dollars into ever-bigger data centers to power artificial intelligence and cloud compu...
Jan 03, 2026 People opposed to a data center proposal at the former Pennhurst state hospital grounds attend an East Vincent Township supervisors meeting, Dec. 17, 2025, in Spring City, Pa. (AP Photo/Marc Levy)
Stocks close slightly lower in quiet post-Christmas trading
NEW YORK (AP) - Stocks closed slightly lower on Friday in a quiet day of trading as investors returned from the Christmas holiday. The S&P 500 index fell 2.11 points, less than 0.1%, to close at 6...
Dec 26, 2025 Traders work on the floor of the New York stock Exchange (NYSE) during a shortened trading day before the Christmas holiday on December 24, 2025 in New York City. The Dow finished up nearly 300 points on positive economic data, indicating strength in the U.S. economy. (Photo by Spencer Platt/Getty Images)
US stocks drift to more records on a holiday-shortened day of trading
NEW YORK (AP) - Wall Street closed higher and reached more records Wednesday on a holiday-shortened trading day. The S&P 500 index rose 22.26 points, or 0.3%, to 6,932.05. The Dow Jones Industrial...
Dec 24, 2025 People walk outside of the New York Stock Exchange (NYSE) during a shortened trading day before the Christmas holiday on December 24, 2025 in New York City. The Dow finished up nearly 300 points on positive economic data, indicating strength in the U.S. economy. (Photo by Spencer Platt/Getty Images)
Consumer confidence slumps to lowest level since the US rolled out tariffs in April
By MATT OTT AP Business Writer WASHINGTON (AP) - Consumers' confidence in the economy was shaken in December as Americans grew anxious about high prices and the impact of President Donald Trump's swee...
Dec 23, 2025 People shop at a mall decorated with holiday lights in Manhattan on December 18, 2025 in New York City. The Labor Department reported Thursday that inflation unexpectedly slowed in November, with the consumer price index rising 2.7% in November from a year earlier. (Photo by Spencer Platt/Getty Images)
Stocks rise on Wall Street and pull closer to weekly gains as AI stocks climb
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) - Stocks rose in afternoon trading on Wall Street Friday and further trimmed losses from earlier in the week for several major indexes. The S&P...
Dec 19, 2025 Traders work on the floor of the New York Stock Exchange (NYSE) on December 11, 2025, in New York City. The Dow Jones Industrial Average closed at an all-time high on Thursday up nearly 650 points. (Photo by Spencer Platt/Getty Images)
China exploits US-funded research on nuclear technology, a congressional report says
By DAVID KLEPPER and DIDI TANG Associated Press WASHINGTON (AP) - China is exploiting partnerships with U.S. researchers funded by the Department of Energy to provide the Chinese military with access ...
Dec 17, 2025 United States and China flag together realtions textile cloth fabric texture