National Business News

  • Jury awards $17.7M in egg shortage lawsuit

    INDIANAPOLIS -- A federal jury in Illinois ordered $17.7 million in damages -- an amount tripled to more than $53 million under federal law -- to several food …

  • Amazon unit does computer chip upgrade

    Amazon.com Inc.'s cloud-computing unit announced updated versions of its in-house computer chips while also forging closer ties with Nvidia Corp. -- dual effor…

  • Amazon deliveries stretch USPS

    BEMIDJI, Minn. -- When Delbert Mikelson's mail started showing up late -- and sometimes not showing up at all -- he blamed it on the opening of deer season.

  • Immigrants jockey for work permits

    HOMESTEAD, Fla. -- In New York, migrants at a city-run shelter grumble that relatives who settled before them refuse to offer a bed. In Chicago, a provider of …

  • Auto dealers call on U.S. to let up on EV push

    A group of U.S. auto dealers is calling on the Biden administration to pull back on federal regulations that will mandate that two out of every three vehicles …

  • Georgia’s eminent domain battle draws attention

    ATLANTA -- A hearing began last week in an eminent domain battle that involves one of rural Georgia's poorest areas but could have implications for property la…

  • EV credits face limit in new rules

    Plans released Friday by the departments of Treasury and Energy would limit electric-vehicle buyers from claiming a full tax credit if they purchase cars conta…

  • Stocks gain as optimism for interest rate cut grows

    A broad rally on Wall Street closed out a fifth-straight week of gains for the market Friday, driving the S&P 500 to its highest level in more than a year.

  • Small dip in mortgage rates seen for ’24

    Several housing economists are projecting that mortgage rates will ease moderately next year, though the forecasts call for the average rate on a 30-year home …

  • Fed chair: Inflation slowed but not defeated

    Inflation is slowing steadily, but it's too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said …