Economy

Filter

Fox Corp. to buy streaming pioneer Roku in a $22 billion deal

By Michelle Chapman, Associated Press

The deal will give Fox access to the Roku Channel, first-party data and more than 100 million global streaming households.

Fact-checking claims about 'unprecedented' demand for World Cup tickets

By Maria Briceño, Alex Min, PolitiFact

Many of the 2026 World Cup matches were not sold out as of Friday — and the existing ticket sales have unfolded amid pricing controversies.

Elon Musk could become the world's first trillionaire with SpaceX's IPO

By Bernard Condon, Associated Press

Elon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public.

What to know about Trump's $100,000 H-1B visa fee, and the legal rebuke that followed

By Paul Wiseman, Associated Press

On Monday a federal judge struck down the fees, siding with 20 states and ruling that the Trump administration exceeded its authority by raising the charge without congressional approval.

With kickoff hours away, Hong Kong customs officials seize $20 million in World Cup fake goods

By Kanis Leung, Associated Press

All were destined for overseas markets, with nearly 80% set to be shipped to the Americas, where the World Cup is being jointly hosted by the United States, Mexico and Canada.

As Iran war drags on, spiking energy prices send inflation to 3-year high

By Geoff Bennett, Jackson Hudgins

Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices,…

Continue watching

WATCH: Trump says he's 'not looking to renew' U.S. trade deal with Canada and Mexico

By Associated Press

Without a commitment by July 1, the trade deal would face annual reviews of its status and possibly expire in 2036.

Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges

By Christopher Rugaber, Associated Press

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.

Social Security's retirement trust fund faces a projected funding shortfall in 2032, a year earlier than expected

By Fatima Hussein, Associated Press

Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, unchanged from last year's estimate.

Apple unveils new AI features with privacy focus at last developers conference with CEO Tim Cook

By Barbara Ortutay, Associated Press

While the iconic iPhone maker has been playing catch-up with rivals when it comes to AI, it sought to distinguish itself from its peers by stressing a privacy-centered approach and integrating AI across its devices and apps.