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The United States is set to release key data on economic growth Thursday and global investors are watching closely as the world's largest economy flirts with recession -- while President Joe Biden walks a political tightrope.
Throngs of 18-wheelers are the clearest sign of brisk activity at the Port Newark-Elizabeth marine terminals in northern New Jersey, defying talk of a US economic slowdown.
Zoila Lecarnaque Saavedra sealed her fate when she agreed to transport a package from Peru to Hong Kong -- a decision that landed her more than eight years in prison.
Asian markets rose Thursday following a surge on Wall Street fuelled by hopes that the Federal Reserve could slow its pace of inflation-fighting interest rate hikes.
South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 percent, with record profits in its system semiconductor division despite global supply chain woes.
Pope Francis decried "ideological colonization" Wednesday and renewed his apology to Indigenous peoples for decades of abuse in a speech to Canada's top officials, who invited him to take further action leading to "real reconciliation."
Ford shares zoomed higher Wednesday as the US auto giant reported increased second-quarter profits on a surge in auto sales that more than offset the hit from higher costs.
Wall Street stocks rallied and the dollar retreated Wednesday as the Federal Reserve again proceeded with a large interest rate hike, maintaining its forceful stance to combat inflation.
Mankind marks a dubious milestone Thursday, the day by which humanity has consumed all earth can sustainably produce for this year, with NGOS warning the rest of 2022 will be lived in resource deficit.
After months of back-and-forth, Spirit Airlines announced Wednesday that it was breaking off a merger with Frontier Group, opening the door to a possible takeover by JetBlue.
Facebook-parent Meta on Wednesday reported that its quarterly revenue dropped year-over-year for the first time ever, as its profit plunged by more than a third.
The US Senate passed a bill on Wednesday to boost domestic production of semiconductors amid shortages of the microchips that power everything from smartphones to cars to weapons.
US market regulators on Wednesday went to court to stop Meta from buying virtual reality fitness app maker Within, a potential blow to the tech giant's metaverse ambitions.
The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing American families.
Boeing said Wednesday it is close to receiving regulatory approval to resume 787 jet deliveries, a move that could help reverse lackluster profits, but warned that its production ramp-up for the 737 MAX would be slowed by supply chain problems.
Around 40,000 British railway workers staged a walkout on Wednesday, a month after the largest strike in 30 years as the UK battles its worst cost-of-living crisis in decades.
Stung by an across-the-board surge in inflation, McDonald's said Wednesday it was raising the UK price of its cheeseburger -- set at a lowly 99 pence ($1.19) for 14 years.
Boeing reported a drop in second-quarter profits on Wednesday due to the continued travails of the 787, but the company said it was close to receiving regulatory approval to resume deliveries of the plane.
An eye-popping surge in new orders for US military aircraft in June drove a surprise increase in demand for big-ticket manufactured goods, according to government data released Wednesday.
Turkey on Wednesday formally opened a joint coordination centre for Ukrainian grain exports under a UN-backed deal aimed at resuming shipments for the first time since Russia's February invasion of its neighbour.
Boeing reported a drop in second-quarter profits Wednesday on the continued halt to deliveries of the 787, in results that missed analyst expectations.
The Kremlin vowed to further restrict Western media in Russia on Wednesday after the EU's top court upheld European sanctions that took Moscow's RT channel off-air around the continent.
Stock markets traded mixed and the dollar retreated Wednesday as attention switched to the Federal Reserve and the size of its upcoming interest rate hike.
Miners in Angola have unearthed a rare pure pink diamond that is believed to be the largest found in 300 years, the Australian site operator announced Wednesday.
Overripe palm oil fruits hang untouched in trees while others lie rotting scattered around a plantation, as Malaysian farmers reap the bitter harvest of a severe labour shortage.
A futuristic Saudi megacity is to feature two skyscrapers extending across a swathe of desert and mountain terrain, according to the latest disclosures on the project by the kingdom's de facto ruler.
Stocks fell Wednesday as recession fears returned to the forefront of traders' minds ahead of an expected Federal Reserve interest rate hike later in the day.
Street Fighter player Shunya Hatakeyama has muscular dystrophy, so he uses his chin to launch devastating combos. He is not the only Japanese gamer proving that disability is no barrier in eSports.
The Federal Reserve is set to announce another big interest rate increase on Wednesday, the fourth this year, in its ongoing battle to tamp down price pressures that have been squeezing American families.
Tunisia has approved a new constitution granting unchecked powers to the office of President Kais Saied, the electoral board said, after a poorly attended referendum in which voters overwhelmingly backed the document.
Israeli generic drug maker Teva has reached an agreement in principle to pay $4.25 billion over 13 years to settle a series of court cases over its role in the US opioid epidemic.
Pope Francis called for "healing" Tuesday as he joined a pilgrimage to a sacred lake in Canada, one day after making a landmark apology for the abuse of Indigenous children at Catholic-run schools.
Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand.
New York City asked the World Health Organization (WHO) on Tuesday to rename the monkeypox virus to avoid stigmatizing patients who might then hold off on seeking care.
Saudi Crown Prince Mohammed bin Salman announced upcoming bilateral projects on a visit to Greece Tuesday, including for a power cable between both countries to provide Europe with "cheaper renewable energy".
Twitter on Tuesday urged shareholders to endorse the $44 billion deal Elon Musk made to buy the online podium, setting a vote on the merger for September 13.
The jacket worn by US astronaut Buzz Aldrin during his 1969 flight to the Moon aboard Apollo 11 was sold at auction for $2.7 million in New York Tuesday, Sotheby's announced.
President Joe Biden on Tuesday hailed progress in the US bid to revamp its 21st century economy after huge South Korean group SK announced a $22 billion investment in US semiconductor and other cutting edge industries.
Google-parent Alphabet on Tuesday reported its profit in the recently ended quarter slipped to $16 billion as its long sizzling ad revenue growth cooled.