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New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich

With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business

The average long-term U.S. mortgage rate rose again this week, reflecting ongoing bond market volatility as surging oil prices due to the war with Iran heighten inflation worries

U.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds

McDonald’s posted better-than-expected sales in the first quarter as a new burger — and a continuing emphasis on value — brought in customers

Budget airline AirAsia has announced an order for 150 Airbus A220-300 jets, valued at about $19 billion at list prices

Ted Turner’s death comes at a fraught time for cable news, which has struggled to retain viewership in an era of countless media choices and abundant streaming video

DoorDash said Wednesday it expects to spend more than $50 million in the second quarter on gas price relief for its delivery drivers

Secretary of State Marco Rubio has defended the Trump administration's decision to impose new sanctions on Cuba

China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs

Use of electric vehicles in Africa is surging, led by Ethiopia, as soaring prices and fuel shortages compel countries to opt for cleaner and cheaper transport

Tesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury

Google has reached a settlement with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022

Japanese electronics and entertainment giant Sony has reported a 3.4% drop in its annual profit but projects a comeback to record profits for the current fiscal year

Sudan and its farmers were already struggling after three years of war at home, but now the conflict in the Middle East has disrupted supply chains