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Economy News

Romania-built plane used by Ceausescu going up for auction

An airplane used for official trips by late Romanian communist leader Nicolae Ceausescu will be put up for auction on May 27 ...

Outage hampers Poland's main power plant, felt across Europe

Energy experts worked Tuesday to restore full operations at Poland’s biggest power plant after a network failure switched off ...

US home construction falls a surprise 9.5% in April

U.S. home construction fell a surprisingly sharp 9.5% in April and economists attributed that partially builders to who ...

AP source: NTSB chairman to step down at end of June

The chairman of the National Transportation Safety Board will step down from his position at the end of June, and the Biden ...

Buffett's firm sells off financials, halves Chevron stake

Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved ...

The Latest: Biden expresses 'support' for Gaza cease-fire

WASHINGTON — The White House says President Joe Biden has expressed “support” for a cease-fire during a call to Israeli Prime ...

Oprah and CNN: AT&T is merging media business with Discovery

The merger of Discovery and AT&T's WarnerMedia operations, marrying the likes of HBO and CNN with HGTV and Oprah Winfrey, is ...

South Africa's ex-president says he is ready for graft trial

Former South African President Jacob Zuma says he is ready for his trial on charges of corruption, racketeering, and money ...

Media demand Israel explain destruction of news offices

News organizations demanded an explanation Saturday for an Israeli airstrike that targeted and destroyed a Gaza City building ...

Tear gas fired at pro Palestinian demo in Paris

Riot police fired tear gas on defiant protesters in Paris who were supporting Palestinians in the Gaza Strip despite a ban ...

Israeli official defends strike on media building

An Israeli military official has defended the country's airstrike on a high-rise building in Gaza City that housed offices ...

DIARY: In Gaza, bombs drop and the conflict again hits home

On Friday morning, a military airstrike smashed my family's farm in the northern Gaza Strip into a jagged mass of metal and ...

US Energy Secretary says gas situation improving

U.S. Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware ...

Stocks close higher with help from tech, still down for week

Stocks marched solidly higher again Friday, though the major indexes still ended with their worst weekly loss since February ...

Psaki on gasoline shortage: 'The end is in sight'

The White House says the "end is in sight" to the gas shortage plaguing the South following a cyberattack that shut down the ...

Mercenary group denies charge of racism in north Mozambique

In the wake of the days-long attack by Islamic extremist rebels on the northern Mozambican city of Palma at the end of March, ...

US industrial output rose a modest 0.7% amid shortages

U.S. industrial production increased for a second straight month in April as more factories came online after being shutdown ...

Canadian National ups offer to seal deal for US railroad

Canadian National sweetened its offer to buy Kansas City Southern railroad Thursday and derailed rival Canadian Pacific's bid ...

DoorDash sales surged in Q1 even as dining rooms reopen

DoorDash on Thursday reported that its sales nearly tripled in the first three months of the year as demand for food delivery ...

911 calls released after crack found in bridge

The City of Memphis released 911 calls made by inspectors who found a "significant fracture" in the I-40 bridge. The six-lane ...

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