FRANKFURT, Germany (AP) — Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell after President Donald Trump dramatically escalated his confrontation with the Fed with the Justice Department investigating and ...
The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market. Sales of previously occupied U.S. homes totaled 4.06 million last year, flat ...
DETROIT (AP) — The Detroit Auto Show returns this week, offering an opportunity to take a peek at the cars of today and tomorrow and also go for a spin. The annual car-fest at a Detroit convention hall features a lineup of 40-plus vehicle brands. At last year’s show, organizers say ...
The owner of Saks Fifth Avenue is seeking bankruptcy protection, buffeted by rising competition and the massive debt it took on to buy its rival in the luxury sector, Neiman Marcus, just over a year ago. Saks Global has secured roughly $1.75 billion in financing, the New York company said as ...
The Schwebel’s Baking Co. will continue the business of baking bread following a $6,250,000 transaction involving its two East Midlothian properties. The Mahoning County Auditor’s Office reported the Dec. 22 sale-leaseback on Monday. “No changes,” said Joe DiGennaro, an associate ...
NEW YORK (AP) — Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros. Discovery, saying Monday that it will name its own slate of directors before the next shareholder meeting of the Hollywood studio. Paramount also filed a suit in Delaware Chancery Court ...