Wednesday, August 26, 2026
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Business

Business news, markets, and economy

Airlines face headwinds as Iran war leads to rising fuel costs
Business

Airlines face headwinds as Iran war leads to rising fuel costs

Since the U.S. and Israel's war against Iran began, the impact on aviation has worsened. Jet fuel prices have soared. Thousands of European flights have been ca...

Tesla's profits beat expectations, but Elon Musk says big costs are ahead
Business

Tesla's profits beat expectations, but Elon Musk says big costs are ahead

Tesla's profits were up from this time last year. But the company warned investors to prepare for expensive investments in next-generation technology like human...

Criminal probe launched into ChatGPT over Florida university shooting
Business

Criminal probe launched into ChatGPT over Florida university shooting

Florida's attorney general is launching a criminal probe into ChatGPT and its parent company OpenAI over whether the artificial intelligence app aided in a dead...

How the airline industry could be impacted if Spirit Airlines is liquidated
Business

How the airline industry could be impacted if Spirit Airlines is liquidated

Spirit has not confirmed a liquidation, though it has filed for bankruptcy protection twice. Experts predict rising fuel costs could push the company to close i...

The hidden power keeping wages low
Business

The hidden power keeping wages low

For decades, economists gave short shrift to the idea of monopsony — a power employers can have to suppress wages. Now a wave of research suggests it's everywhe...

3 things to know about Fed chair nominee Kevin Warsh
Business

3 things to know about Fed chair nominee Kevin Warsh

President Trump's pick to lead the Federal Reserve goes before a Senate committee today — but Kevin Warsh's confirmation could be held up by forces that are out...

The Onion has agreed to a new deal to take over Infowars
Business

The Onion has agreed to a new deal to take over Infowars

The Onion says it has a new deal to take over conspiracy theorist Alex Jones's Infowars media company. If approved, the satirical news website could turn Infowa...

Trump's labor secretary resigns amid investigation into misconduct
Business

Trump's labor secretary resigns amid investigation into misconduct

Labor Secretary Lori Chavez-DeRemer, who was under internal investigation, is leaving her position. She becomes the third cabinet departure of President Trump's...

UK to 'flirt' with recession as Iran war oil shock bites, report warns
Business

UK to 'flirt' with recession as Iran war oil shock bites, report warns

The UK economy will "flirt" with recession this year and almost 250,000 people could lose their jobs due to the effects of the Iran war oil price shock, accordi...

This tariff-refund portal is about to be America's hottest website
Business

This tariff-refund portal is about to be America's hottest website

Exactly two months after the Supreme Court struck down most of President Trump's tariffs, the U.S. government has set Monday as the day when some companies can...

Photos: How overfishing in Southeast Asia is an ecological and human crisis
Business

Photos: How overfishing in Southeast Asia is an ecological and human crisis

A rare look at one of the world's most critical and understudied environmental crises. Southeast Asia produces more than half of the world's fish, yet its water...

Judge halts local TV giant Nexstar's takeover of rival Tegna until trial
Business

Judge halts local TV giant Nexstar's takeover of rival Tegna until trial

U.S. Judge Trevor Nunley ruled that consumers could suffer irreparable harm if Nexstar integrated Tegna's stations into its own operations ahead of an antitrust...

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