business news

House Speaker Johnson pulls government funding bill after GOP support collapses

House Speaker Mike Johnson canceled a planned vote Wednesday on a stopgap funding bill that could keep the government open…

Trump says Harris debate was ‘rigged,’ ABC should lose license, but ‘we did great’

Donald Trump on Wednesday morning blasted ABC News moderators for hosting what the Republican presidential nominee called a “rigged” debate…

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…

Trump Media shares sink to new post-merger low after presidential debate

The share price of Trump Media plunged more than 10% on Wednesday, a day after majority shareholder Donald Trump gave…

Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder

Warren Buffett’s Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7…

Here’s why September and October are historically weak for stocks

Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index…

China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but…

Putin would ‘eat you for lunch,’ Harris tells Trump in bitter clash over Russia and Ukraine

Republican presidential nominee Donald Trump and his Democratic rival, Vice President Kamala Harris, clashed repeatedly over Russia, Kremlin leader Vladimir Putin and…

UK economy flatlines again in July, below expectations

LONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office…