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A widespread power outage has hit Puerto Rico and left more than 340,000 customers without electricity after two of the U.S. territory’s power plants shut down

Florida Gov. Ron DeSantis’ appointees have given final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World

China's Premier Li Qiang has arrived in New Zealand at the start of a weeklong tour that also includes Australia and Malaysia

Union flight attendants are getting help from some members of Congress as they try to negotiate new labor contracts

A proposal seeking to eliminate a hefty price tag for New York City renters is drawing fierce opposition from the real estate industry

Officials say the sheriff of a rural Tennessee county illegally profited from the work of jail and prison inmates under his care and housed dozens of them in a home outside of the prison without permission

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U.S. stocks closed higher following a surprisingly encouraging update on inflation

The decision came hours after fresh data showed a slight cooldown of inflation.

Benchmark U.S. crude oil for July delivery rose 60 cents to $78.50 per barrel Wednesday

Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. In recent months, there has been modest further progress toward the Committee’s 2 percent inflation objective. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals have moved toward better balance over the past year. The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. In considering any adjustments to the target range for the federal funds rate, the...

The Consumer Price Index fell ahead of the Federal Reserve's decision to keep the interest rate unchanged.

Sony Pictures Entertainment is getting into the exhibition business

The decision came hours after fresh data showed a slight cooldown of inflation.

Federal Reserve sees some progress on inflation but envisions just one rate cut this year

Sony Pictures Entertainment acquires popular dine-in movie theater chain Alamo Drafthouse Cinema

Stocks that traded heavily or had substantial price changes on Wednesday: Oracle, Casey’s General Stores rise; Vera Bradley, PetMed fall

The CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired

Plus, Boeing faces an order setback and Starbucks announces a new value menu.

Food authorities in Denmark have recalled three types of spicy instant noodle products imported from South Korea over possible risks for “acute poisoning.”

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Author Michael Brodeur takes the gym too seriously, and not seriously at all at the same time, in his book “Swole: The Making of Men and the Meaning of Muscles.”

The United States has widened its sanctions against Russia as G7 leaders prepare to gather in Italy for a summit where top priorities will be boosting support for Ukraine and grinding down Russia’s war machine

The Federal Reserve is scheduled to announce a policy decision on interest rates.

US widens sanctions on Russia, discouraging countries including China from doing business with Moscow

Elon Musk has dropped his lawsuit against OpenAI just ahead of a scheduled Wednesday hearing on the case

Senators criticized top federal officials over the rise of illegal electronic cigarettes in the U.S., a multibillion-dollar business that has flourished in recent years

The European Union is moving to hike tariffs on electric vehicles made in China

Multimillion-dollar works by Jean-Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market as the Art Basel fair opened in Switzerland

US inflation cooled in May in sign that price pressures may be easing

Consumer prices rose 3.3% over the year ending in May, data showed.

The British economy failed to grow in April in a blow to Prime Minister Rishi Sunak who has made the return of growth a central pillar of the Conservative Party’s election campaign

German energy company Uniper says a tribunal has awarded it more than 13 billion euros (nearly $14 billion) in damages for gas that Russia's Gazprom hasn’t supplied since 2022

The European Union has moved to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers

The European Union is threatening to raise tariffs by July 4 on electric cars imported from China

Authorities anticipate that commercial shipping traffic through the Port of Baltimore will soon return to normal levels after its main channel fully reopened earlier this week

Myanmar, once a thriving emerging economy, is struggling to regain momentum as the country's civil war increasingly disrupts trade and livelihoods

U.S. stocks rose following a surprisingly encouraging update on inflation and a reassurance that the Federal Reserve still sees a cut to interest rates as likely this year

Australia's top trade official is predicting China will lift a ban on Australian lobster imports after Chinese Premier Li Qiang visits the country

An extreme weather phenomenon known as the dzud has killed more than 7.1 million animals in Mongolia, endangering herders' livelihoods and way of life

National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media

A Silicon Valley-backed initiative to build a green city for up to 400,000 people in the San Francisco Bay Area has qualified for the Nov. 5 ballot

Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed

The panel shared their thoughts on "Quiet Vacationing." The term comes from remote workers punching in for work, but also handling housework and running errands during the workday.

American investor Martin Shkreli is facing a new lawsuit for allegedly retaining and sharing recordings from a one-of-a-kind Wu-Tang Clan album that he was forced to sell following his 2017 conviction on fraud charges

Across the U.S., thieves have been targeting electric-vehicle charging stations, intent on stealing the cables, which contain copper wiring

Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year

Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more affordable housing in the regions where the company has major corporate offices

A panel of federal judges have spent two hours wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom

The Mexican peso has continued to weaken as Mexico's outgoing president _ and his successor _vowed to forge ahead with some 20 constitutional changes that have rattled investors