Turkish firm shuts down power supply for crisis-hit Lebanon
BEIRUT — A Turkish company that provides electricity to Lebanon from two power barges shut down its operations on Friday over delayed payments. The...
Tesla to stop accepting Bitcoin for car payments
Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns.
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Pope meets Argentine president months after abortion law
ROME — Pope Francis met Thursday with Argentine President Alberto Fernandez, months after Argentina legalized abortion despite a personal appeal from the pontiff and...
Choppy jobs recovery could mean bumpy economic rebound
April's catastrophic jobs report is a sign that while the U.S. economy continues its post-pandemic recovery, the road ahead will be bumpy.
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Alibaba records first quarterly operating loss since IPO
HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...
US mortgage rates fall for 4th week; 30-year dips to 2.94%
WASHINGTON — Mortgage rates declined this week, marking their fourth consecutive week below 3% and further evidence of the strength in the economy’s recovery...
Conservatives seize on gas crunch to blame Biden, stir base
A graphic calling the East Coast fuel supply crunch “Biden’s Gas Crisis.” A tweet speculating that gas stations running dry was an “INSIDE JOB.”...
UN raises global economic forecast to 5.4% growth in 2021
UNITED NATIONS — The United Nations on Tuesday responded to the rebounding Chinese and U.S. economies by revising its global economic forecast upward to...
EU economy to expand, bouncing back from pandemic crisis
BRUSSELS — The European Union economy is set to bounce back strongly this year after the deep coronavirus recession and member states are forecast...
Rising commodities costs hit Americans at home and on road
NEW YORK — Rising prices for a variety of commodities are contributing to a jump in prices at the consumer level, with Americans paying...