GLOBAL ECONOMY

The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.

An unexpected recession in Japan last year cost the nation its title as the world's third-largest economy, with Germany taking its place.

Thousands of luxury cars slated to be imported to the U.S. are being held by customs officials while Volkswagen replaces a part linked to forced labor in China's Xinjiang region.

Shipping behemoth Maersk does not expect the Red Sea crisis to subside in the near future, and is warning customers to expect ship diversions into the second half of the year.

A typo in Lyft's earnings report sent the ride-sharing platform's stock soaring on Tuesday, and the company's momentum continued Wednesday even after a correction was issued.

Colombian drug lord Griselda Blanco's family filed to permanently dismiss a lawsuit against Sofia Vergara, Netflix and other parties over the new show "Griselda."

E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.

New York Community Bank was hit with its third credit downgrade in a week amid investors' concerns about its exposure to the struggling commercial real estate market.

New details have emerged about some of the 70 suspects arrested in a six-state sting Tuesday involving the largest bribery bust in Justice Department history.

A Canadian woman posted a video to TikTok of two packages of chicken drumsticks listed at more than $200. The video has gone viral, with shoppers chiming in

The Centers for Disease Control and Prevention warned an "uncharacteristic spike" of illnesses in New Jersey has tied to products that contain the drug tianeptine.

Lisa Neville calls for social media companies to do more to protect kids online after losing her son to fentanyl poisoning due to pills bought from dealer on Snapchat.

New York Community Bank's stock continued to slide Thursday after a downgrade threat from Moody's in the wake of a surprise earnings miss and as NYCB moves to bolster its balance sheet.

Biogen will discontinue development of its controversial drug Aduhelm so it can shift efforts to other drugs, including Leqembi, which it developed with Eisai.

World health officials are warnings that the shortage of diabetes and weight loss-related drugs, which are in high demand, are creating a rise in counterfeit versions.

Novo Nordisk says it Is gradually ramping up supply of its sought-after drug Wegovy. However, the company is still warning patients demand will still outpace supply overall.

The Biden administration's pause on new liquefied natural gas (LNG) export permits prompted pushback from leading business groups in the U.S., Europe and Japan.

Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.

The Federal Reserve has always been a political entity. And Fed Chairman Jerome Powell knows if he wants to keep his job he will have to play politics this election year.

British billionaire and Tottenham Hotspur owner Joe Lewis pleaded guilty to insider trading charges. He passed inside information to several associates, including two private pilots.