Saturday, August 8, 2026
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Business

Business news, markets, and economy

CBS News shutters its storied radio news service after nearly a century, ending an era
Business

CBS News shutters its storied radio news service after nearly a century, ending an era

The change is part of a round of layoffs at CBS News. When the radio service began operation in September 1927, it was a precursor to the entire CBS network. To...

FCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek to block it
Business

FCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek to block it

The Federal Communications Commission on Thursday said it had approved the merger of local television giants Nexstar Media Group and rival Tegna, the same day t...

Planned Parenthood chapter settles with EEOC over treatment of white employees
Business

Planned Parenthood chapter settles with EEOC over treatment of white employees

The Equal Employment Opportunity Commission says Planned Parenthood of Illinois will pay $500,000 to end an investigation that found the organization's DEI prac...

'The floodgates are open': Harry and Meghan welcome result of landmark social media trial
Business

'The floodgates are open': Harry and Meghan welcome result of landmark social media trial

The Duke and Duchess of Sussex have said "the floodgates are open" for more legal cases against tech giants after Google and Meta were found liable for a woman'...

Why UK's new steel tariff is a watershed moment
Business

Why UK's new steel tariff is a watershed moment

There is a small fraction of the population for whom the release of the government's new Steel Strategy represents an extraordinarily fascinating, not to mentio...

The Federal Reserve is facing tough choices as the economy faces deep uncertainty
Business

The Federal Reserve is facing tough choices as the economy faces deep uncertainty

The Federal Reserve's job is getting tougher, as it faces inflationary pressure from the war with Iran and a weakening job market. The central bank is expected...

Judge orders 1,000 Voice of America staffers back to work in rebuke to Kari Lake
Business

Judge orders 1,000 Voice of America staffers back to work in rebuke to Kari Lake

A federal judge has ordered more than a thousand Voice of America staffers back to work by Monday. It's a major defeat for the Trump administration's effort to...

Government prepares to sue Abramovich after he missed deadline to release £2.5bn from Chelsea sale
Business

Government prepares to sue Abramovich after he missed deadline to release £2.5bn from Chelsea sale

Sanctioned former Chelsea owner Roman Abramovich has been put on notice legal action is coming from the UK government after failing "to do the right thing" and...

Naval escorts could make tankers a target, UN warns
Business

Naval escorts could make tankers a target, UN warns

Naval escorts will not guarantee safe passage for oil tankers through the Strait of Hormuz and could even present a target for Iran as it attempts to leverage c...

How Rachel Reeves made it harder to pay off student loans
Business

How Rachel Reeves made it harder to pay off student loans

Changes to the student loans system quietly announced in the last budget have provoked a loud and angry response that has woken up Westminster to what anyone wh...

Is there a more fair way to sell World Cup tickets?
Business

Is there a more fair way to sell World Cup tickets?

World Cup tickets are expensive, and buying them has been frustrating and confusing. But this is what economics is for: figuring out the best ways to allocate s...

Gasoline prices are still rising as the Iran war stretches into its third week
Business

Gasoline prices are still rising as the Iran war stretches into its third week

U.S. gasoline prices are up nearly 80 cents from a month ago, while diesel prices have shot up even more. Diesel is now just under $5 a gallon, according to AAA...

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