UK inflation spikes to a 10-month high, likely to worry the Bank of England

LONDON (AP) — Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.

Stock market today: Wall Street dips in premarket following Thursday's near-record rally

Markets on Wall Street leaned toward small losses early Friday as investors took in more corporate earnings while waiting for the government's January report on retail sales.

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Coinbase says SEC has agreed to dismiss case against it, pending commission approval

Coinbase says the Securities and Exchange Commission has dismissed its case against the cryptocurrency platform, pending commission approval.

Stock market today: Asian shares mostly dip despite S&P 500 adding to its record on Wall Street

TOKYO (AP) — Asian shares traded mostly lower Thursday after a quiet day on Wall Street, where the S&P 500 added to its record.

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China's Xi meets with business leaders, including Alibaba co-founder Jack Ma, to boost economy

BANGKOK (AP) — China's President Xi Jinping met with private sector business leaders on Monday, state media reported, disrupted by a pandemic, and a real estate crisis.

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Stock market today: Wall Street rallies near a record after yawning at Trump’s latest tariff threat

NEW YORK (AP) — U.S. stocks rallied to the brink of a record Thursday after more companies reported fatter profits than expected. Wall Street mostly yawned, again, at by , which may not take full effect for at least several weeks.

Asia shares are mixed after a US tech selloff as a Chinese rival joins the global AI frenzy

TOKYO (AP) — Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent market frenzy.

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Stock market today: Asian markets are mixed after Wall Street edges back from its record

BANGKOK (AP) — Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high.

Italian lender Monte dei Paschi launches 13-billion-euro takeover bid for peer Mediobanca

ROME (AP) — Italian lender Monte dei Paschi di Siena announced on Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for peer Mediobanca in a surprise move that could reshape the country’s banking sector.

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Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting

OMAHA, Neb. (AP) — Union Pacific reported 7% more fourth-quarter profit as it managed to deliver more shipments with fewer employees and continued to make the railroad more efficient.

China moves to boost languishing markets by ordering funds to invest more in shares

BANGKOK (AP) — The Chinese government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums.

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Stock market today: Asian shares trade mixed in a muted reaction to the U.S. inauguration

TOKYO (AP) — Asian shares were mixed in mostly muted trading on Tuesday, despite anticipation for a market reaction to the inauguration of U.S. President Donald Trump.

Stock market today: Asian shares track Wall St's strong finish ahead of Trump's inauguration

BANGKOK (AP) — Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed.

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Nation's largest trade group: holiday sales rose a better-than-expected 4%

NEW YORK (AP) — Sales for the 2024 holiday shopping season turned out to be robust and better than expected, as easing inflation on merchandise drove shoppers to buy, according to the nation’s largest retail trade group.

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Rising borrowing costs batter UK government and threaten to derail its left-leaning program

LONDON (AP) — Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising borrowing costs that threaten to derail its left-leaning program.

UK inflation unexpectedly eases in December, which could reduce pressure in bond markets

LONDON (AP) — Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

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Stock market today: Asian shares trade mixed after drops for Big Tech leave Wall Street mixed

TOKYO (AP) — Asian shares traded mixed Tuesday, echoing Wall Street trading, where gains for oil-and-gas producers helped offset drops for and other Big Tech companies.

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Stock market today: Asian shares slide further as rate cut, tariff worries hit market sentiment

BANGKOK (AP) — Shares fell Friday in Asia after U.S. markets were to observe a for former

New York governor wants to limit hedge funds from buying up homes

ALBANY, N.Y. (AP) — Gov. Kathy Hochul on Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state.

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Here are some of China's New Year resolutions to boost its economy

BANGKOK (AP) — China’s leaders are bracing for shocks to the economy from threatened by U.S. President-elect Donald Trump once he takes office.

Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia

TOKYO (AP) — Asian shares mostly rose Tuesday, deriving optimism from rising technology stocks on Wall Street, led by Nvidia.

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Tesla reports 1.1% sales drop for 2024, first annual decline in at least 9 years

DETROIT (AP) — Tesla's global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed the electric car company’s first year-over-year sales decline since at least 2015.

Still unable to find equipment makers, New Jersey offshore wind project seeks 2nd delay

ATLANTIC CITY, N.J. (AP) — A New Jersey offshore wind project is seeking a second delay, saying it still can't find someone to build crucial equipment for the turbines in the latest patch of turbulence striking the industry.