Business

The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number that is evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago

Asian stock markets are following Wall Street lower as hopes U.S. leaders might agree on a new economic stimulus before the Nov. 3 presidential election fade

For shoppers who can’t part with Black Friday traditions, Walmart said Wednesday that it still plans to have in-store events featuring deep discounts.

If you happen to pass by a local bookstores and see its windows stuffed with what appears to be Amazon boxes, don’t be too confused.

Microsoft says it has taken legal action seeking to disrupt a major cybercrime digital network that uses more than 1 million zombie computers to loot bank accounts and spread ransomware

Shares are mostly lower in Asia after solid gains for technology stocks pushed Wall Street higher on Monday

Carnival Cruise Line says it’s canceling its remaining cruises scheduled for November out of two Florida ports, as well as five cruises from Australia at the beginning of next year

Two American economists have won the Nobel Prize for improving how auctions work

The other night, I was feeling a little more tired and burned out than usual. I smelled the candle on my desk to see if I could pick up its scent. What if I was coming down with Covid-19? I got a whiff of pumpkin, but my anxiety about my malaise didn’t lessen; I took to Amazon and ordered a...

A new White House coronavirus aid has gotten bad reviews from both ends of the political spectrum

McDonald’s is adding baked goods to its permanent menu for the first time in more than eight years as the fast-food giant tries to revive its breakfast sales.

Starting Thursday, Yelp will add an alert on the pages of businesses that have been accused of racist behavior, following several widely covered allegations of racism at U.S. restaurants in recent months.

The Trump administration has blacklisted virtually all of Iran’s financial sector, dealing another blow to an economy that is already reeling under U.S. sanctions

Asian stock markets have followed Wall Street higher on hopes Washington will provide more aid to the U.S. economy

The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession

Stocks are recovering Wednesday after President Donald Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy.

A Democratic congressional staff report recommends changes to antitrust laws and enforcement that could result in major changes for Big Tech companies like spinning off or separating parts of their businesses or making it harder to buy smaller companies.

Apple announced a new product launch event on Oct. 13, where it’s expected to reveal the next model of the iPhone. The event starts at 10 a.m. PT/1 p.m. ET and will be streamed online due to the ongoing spread of coronavirus. The events are usually hosted in person at Apple’s headquarters in Cupertino, California.

Stocks are mixed in Asia despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on another round of aid for the economy

More than 500 movie theaters in the U.S. will close before this weekend, sending the film industry into a tailspin.

Southwest Airlines says its workers must take pay cuts or face furloughs next year.

Shares are higher in Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested positive for the coronavirus

Millions of Americans who worked in the industries hit hardest by the viral pandemic are finding that their unemployment has stretched from weeks into months.

Disney says at least a quarter of the 28,000 layoffs planned for Disney’s parks division will come from Florida.

Regal Cinemas is temporarily suspending operations at all 536 of its theaters in the United States this week due to continued revenue losses from the coronavirus pandemic, its parent company Cineworld announced Monday.

The latest effort by House Democrats to give more aid to the nation’s troubled airlines has failed

Wall Street’s major stock indexes fell on Friday after President Donald Trump tested positive for the coronavirus, but the losses ended up milder than investors braced for early in the morning

The U.S. unemployment rate has dropped to 7.9%, but hiring is slowing and many Americans have given up looking for work

The head of Pfizer, one of the drugmakers racing to develop a coronavirus vaccine, told employees he was disappointed that its work was politicized during this week’s presidential debate and tried to reassure U.S. staff that the company won’t bend to pressure to move more quickly

Asian shares are mixed in thin holiday trading, with markets in Shanghai and Hong Kong closed

Trading has been suspended on the Tokyo Stock Exchange because of a problem in the system for relaying market information.

The Centers for Disease Control and Prevention announced that it has extended a no-sail order until Oct. 31. It was originally set to expire Wednesday.

Revelations of President Donald Trump’s near-zero federal income tax payments have underscored the ability of wealthy individuals with access to high-priced lawyers to outmatch an IRS that has long been understaffed and underfunded

Stocks rallied on Wall Street Wednesday, but only after zooming up, down and back up again in a fitting end to a wild month and quarter

U.S. restaurants are moving warily into fall, hoping their slow recovery persists despite the new challenge of chilly weather and a pandemic that’s expected to claim even more lives.

Prolonged closures at Disney’s California-based theme parks and limited attendance at its open parks has forced the company to lay off 28,000 employees across its parks, experiences and consumer products division, the company said.

About 40,000 workers in the airline industry are facing layoffs on Thursday unless Congress comes up with another aid package.

Stocks are mixed in Asia while upbeat manufacturing data lifted shares in China as investors studied the outcome of the first debate between President Donald Trump and his Democratic challenger, Joe Biden

The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax burden to essentially zero are surprisingly common among major real estate developers and other uber-wealthy Americans

Asian stock markets are mixed after Wall Street rallied and clawed back some of this month’s sharp losses ahead of a U.S. presidential election debate

Amazon is looking to kickstart holiday shopping early this year

U.S. stocks closed with solid gains, the latest shift in a recent stretch of turbulence for the market

A federal appeals court says investors who profited from Bernard Madoff’s massive Ponzi scheme must pay back their profits even if they knew nothing of it.

Month by month, retailers are starting to pay more rent as states lift shutdown orders and consumers become more comfortable venturing out to shop during the coronavirus pandemic. But negotiations, sometimes heated, continue between tenants and landlords.

The Justice Department is expected to file an antitrust action against Google in coming weeks, focusing on its dominance in online search and whether it was used to stifle competition and hurt consumers, a person familiar with the matter tells The Associated Press.

Asian shares have advanced, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy

Smoke from the West Coast wildfires has tainted grapes in some of the nation’s most celebrated wine regions

A judge ruled Wednesday that President Donald Trump’s son Eric Trump has until Oct. 7 to speak with New York investigators probing the family’s businesses

Asian shares have fallen as caution again sets in following a retreat on Wall Street driven by a decline in technology shares

A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House of Representatives.

Shares are mostly lower in Asia as investors keep a wary eye on how the coronavirus pandemic is affecting the economic outlook

Shares are lower in Asia, tracking a retreat on Wall Street as markets tumbled on worries about the pandemic’s economic pain and a raft of other problems

Global stock markets and U.S. futures tumbled Monday after Wall Street fell for a third straight week and investors were rattled by U.S.-Chinese tension over technology and security and a rise in British coronavirus infections.

About three quarters of the country’s movie theaters are open, but Americans are not going back in significant numbers in the COVID-era, even with new films coming into the marketplace weekly.

Already in his young career, Kyle Woumn, 25, has had disappointing experiences that are too typical for a Black techie in white Silicon Valley.

Walmart, Amazon and other corporate giants donated money to a Tennessee state lawmaker’s reelection campaign after she used social media to amplify and promote the QAnon conspiracy theory

President Donald Trump says he’s given his “blessing” to a proposed deal that would see the popular video-sharing app TikTok partner with Oracle and Walmart and form a U.S. company

NBCUniversal and Roku have reached a video distribution deal, breaking a months-long impasse that had NBCUniversal threatening to black out its apps on Roku in the 11th hour.

Stocks are closing lower on Wall Street Friday, as another zig-zag week for markets ends with a third-straight weekly loss for the S&P 500

The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high figure that reflects economic damage from the coronavirus outbreak

Among the businesses the coronavirus outbreak has pummeled are an untold number of companies that were on the verge of launching or that were in their early days when the virus hit.

Asian shares are slightly higher despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight fall on Wall Street

President Donald Trump said he expects to get a report Thursday about Oracle’s bid for the Chinese-owned video app TikTok.

With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest rate will likely remain at zero at least through 2023 and probably even longer

Asian stock markets have retreated after the U.S. Federal Reserve indicated it will keep interest rates near zero but announced no fresh stimulus plans

This spring, many restaurants closed as a result of lockdowns to prevent the spread of the coronavirus. As some managed to remain open for takeout and delivery, others ended up never recovering.

Apple introduced a new Watch and iPad during a virtual event Tuesday morning, but those hoping to see a new iPhone would have to wait.

Shares are mostly higher in Asia after advances for big technology companies carried Wall Street to further gains overnight

Asian stock markets are mixed after Wall Street surged on a flurry of corporate deal-making and Chinese economic activity improved

Pfizer’s coronavirus vaccine could be distributed to Americans before the end of the year if found to be safe and effective, CEO Albert Bourla said Sunday.

The owner of TikTok has chosen Oracle over Microsoft as the American tech partner that could help keep the popular video-sharing app running in the U.S., according to a person familiar with the deal who was not authorized to speak publicly about it.

For the second time this month, Hyundai is telling some SUV owners to park outdoors because an electrical short in a computer can cause vehicles to catch fire

Wall Street closed out its worst week since June with another day of churning trading Friday

Century 21 Stores — a destination for bargain hunters looking for fat deals on designer dresses and shoes, cosmetics and housewares for nearly 60 years — has filed for Chapter 11 bankruptcy and is winding down its business, shutting all 13 stores across New York, New Jersey, Pennsylvania and Florida.

The nation’s unemployment safety net is looking increasingly shaky, with a $300-a-week federal jobless benefit from the Trump administration running out almost as soon as it began and millions of laid-off Americans nearing an end to their state unemployment aid

Asian shares are trading mixed following a selloff of technology shares on Wall Street

The pilots’ union at United Airlines said Wednesday it has reached an agreement with the carrier to prevent the furlough of nearly 3,000 pilots when a federal prohibition on job cuts ends Oct. 1.