Business

109 developing stories
Nationwide Bank Strike Deferred After Last-Minute Talks With Unions
Business12 sources · over 7 days11h ago

Nationwide Bank Strike Deferred After Last-Minute Talks With Unions

The three-day nationwide bank strike set for September 28-30 has been called off after successful negotiations.

By Daniel Okafor

All stories in Business

Starbucks to Close 250 North American Stores in Strategic Adjustment
Business1d ago

Starbucks to Close 250 North American Stores in Strategic Adjustment

Starbucks is shutting down about 1 percent of its cafes across the US and Canada this week, signaling a shift in its business approach.

16 sources · over 3 days
McDonald's Unveils $8.5 Billion Global Plan to Modernize Its Restaurants
Business1d ago

McDonald's Unveils $8.5 Billion Global Plan to Modernize Its Restaurants

Facing falling sales and a sharp drop in its stock price, McDonald's is investing $8.5 billion over the next decade to upgrade restaurants, menus, and technology across its global network.

16 sources · over 5 days
US 10- and 30-Year Treasury Yields Hit Highest Since 2004
Business1d ago

US 10- and 30-Year Treasury Yields Hit Highest Since 2004

US Treasury yields surged to new multi-decade highs, with the 10-year at 5.1 percent and the 30-year above 5.5 percent.

20 sources · over 6 days
New York Attorney General Sues Polymarket for Alleged Unlicensed Gambling
Business3d ago

New York Attorney General Sues Polymarket for Alleged Unlicensed Gambling

New York's attorney general has filed a lawsuit against Polymarket, accusing the prediction market of operating illegally without a gambling license in the state.

14 sources · over 3 days
US Considers 90-Day Diesel Export Ban as Fuel Prices Hit Records
Business3d ago

US Considers 90-Day Diesel Export Ban as Fuel Prices Hit Records

The US government is weighing a temporary diesel export ban to address soaring fuel prices, raising concerns about potential economic and international impacts.

26 sources · over 6 days
US 30-Year Mortgage Rates Surge Past 7 Percent for First Time Since 2024
Business3d ago

US 30-Year Mortgage Rates Surge Past 7 Percent for First Time Since 2024

A jump in US mortgage rates to a two-year high could deepen the housing market slowdown, with affordability and borrowing costs under fresh pressure from inflation and geopolitical turmoil.

13 sources · over 2 days
German Economic Institutes Double 2026 Growth Forecast After Years of Weakness
Business3d ago

German Economic Institutes Double 2026 Growth Forecast After Years of Weakness

Germany's leading economic institutes have sharply raised their 2026 growth forecast, signaling a possible turning point after a prolonged economic slump and aligning with improved international expectations.

8 sources · over 3 days
National Stock Exchange of India Debuts on BSE and MSEI After Record IPO
Business3d ago

National Stock Exchange of India Debuts on BSE and MSEI After Record IPO

The National Stock Exchange of India became a listed company after a $2.4 billion IPO, marking a major shift in India's financial sector.

8 sources · over 3 days
Italy Confirms 3.1% Deficit for 2025, Stays Under EU Fiscal Oversight
Business4d ago

Italy Confirms 3.1% Deficit for 2025, Stays Under EU Fiscal Oversight

Italy's public deficit for 2025 has been confirmed at 3.1 percent, meaning the country will remain under the European Union's corrective measures for another year.

8 sources · over 4 days
DoorDash to Pay $131.5 Million in NYC Worker Settlement
Business4d ago

DoorDash to Pay $131.5 Million in NYC Worker Settlement

DoorDash agreed to pay $131.5 million to settle claims it underpaid over 260,000 New York City delivery workers.

20 sources · over 2 days
Record Diesel Prices Hit US Amid Iran Conflict and Global Supply Shocks
Business5d ago

Record Diesel Prices Hit US Amid Iran Conflict and Global Supply Shocks

Diesel prices in the United States have soared above $6.50 per gallon, driven by the Iran war and global supply disruptions, straining the economy and prompting calls for drastic policy action.

32 sources · over 7 days
Saudi Arabia Restarts Pipeline, Oil Exports to Europe Set to Resume
Business5d ago

Saudi Arabia Restarts Pipeline, Oil Exports to Europe Set to Resume

Saudi Arabia has restarted its key pipeline and plans to resume crude shipments, easing global supply concerns after the attack.

24 sources · over 8 days