Trump says petrol and grocery prices are down. Facts say otherwise | Business and Economy
The US president incorrectly said that prices of petrol and eggs had dropped while home sales were good.US President Donald Trump said that housing, petrol,…
Interior Department promotes new ‘commingling’ policy to speed up offshore oil production
In another move to increase offshore U.S. oil production (such as with industry efforts, pictured, in Pascagoula, Miss., in 2010), the Interior Department on Thursday…
Median CEO pay in US hits record high even as markets tumble | Business and Economy
Margins between CEO pay have long been a point of contention between workers and a rallying cry for progressives.Median pay among top United States CEOs…
UK lifts sanctions on dozen Syrian government bodies | Business and Economy News
Sanctions on 12 Syrian entities removed, including the defence and interior ministries.The United Kingdom has removed its sanctions on 12 Syrian government entities, including the…
EPA fires or reassigns hundreds of DEI, environmental-justice employees
WASHINGTON, April 23 (UPI) -- The Environmental Protection Agency told more than 450 employees working in diversity, equity and inclusion -- as well as environmental…
Cybercrime losses up to $16 billion in 2024, FBI says in annual report on Internet crimes
April 23 (UPI) -- Phishing/spoofing, extortion and personal data breaches were the top three cybercrimes in 2024 that saw a dramatic spike last year in…
Is US dollar dominance at risk? | Business and Economy
Donald Trump thinks a strong dollar is hurting US manufacturing. His team has backed the idea of currency weakening.The greenback has depreciated against other major…
U.S. sanctions Iranian LPG magnate, son
April 23 (UPI) -- The United States has sanctioned an Iranian liquefied petroleum gas magnate, his son and a network of companies as the Trump…
Paul Atkins sworn in as SEC chairman
April 22 (UPI) -- Paul Atkins, who was nominated by President Donald Trump in what some say was a nod to the crypto industry, was…
Musk says he’ll spend less time working with Trump after Tesla profits sink | Business and Economy
Tesla CEO says he will spend ‘far more’ of his time running carmaker after putting cost-cutting team in place.Tesla CEO Elon Musk has said he…
Federal judge orders Trump administration to restore Voice of America
Voice of America leader Kari Lake is seen in an overflow room for President Donald Trump's Inauguration ceremony at the U.S. Capitol in Washington, D.C.,…
U.S. to place 3,251% tariffs on Southeast Asian solar panels
April 22 (UPI) -- The United States is set to impose tariffs of up to 3,521% on solar panels imported via a small number of…
Roche to invest $50 billion into its U.S. presence
Roche announced a $50 billion investment into the United States. File Photo by Steffen Schmidt/EPA-EFE April 22 (UPI) -- Biotechnology giant Roche said it will…
Walgreens agrees to pay up to $350M in opioid prescription settlement
Walgreens has agreed to pay up to $350 million to settle claims of illegally filled prescriptions for addictive opioid drugs and false reimbursement claims to…
FTC sues Uber for alleged ‘deceptive’ charges, cancellations of subscription Uber One
The U.S. Federal Trade Commission on Monday announced it is suing Uber for "deceptive” billing and cancellation practices with its Uber One subscription service. File…
DHL suspends shipments of more than $800 in response to Trump tariff plan
April 20 (UPI) -- DHL Express announced it will suspend deliveries of more than $800 in response to cost increases and U.S. Customs regulations brought…
Syria’s first wheat shipment since al-Assad ouster points to recovery | Business and Economy News
Traders say Syria has largely been relying on overland imports from neighbours this year.A ship carrying wheat has arrived in Syria’s Latakia port, the first…
Federal government takes over $7B Penn Station renovation in NYC
April 19 (UPI) -- The Federal Railroad Administration has taken control of the $7 billion renovation of New York City's Penn Station rail hub from…
Is the US dollar at risk of a ‘confidence crisis’? | Business and Economy News
Amid the financial market fallout which followed Donald Trump’s “Liberation Day” tariff announcement on April 2, the value of the US dollar has plunged. But…
Trump administration checking whether Federal Reserve chairman can be fired
April 18 (UPI) -- White House economic adviser Kevin Hassett on Friday spoke about tariff negotiations, a budget bill and the Federal Reserve on the…