Nervous bank customers have rushed to the safety of big banks in the wake of a pair of high-profile bank failures that have shaken confidence in the system.
Violent clashes erupted in the Italian city of Naples on Wednesday as ticketless German soccer fans descended on the city for a key Champions League match which they had been banned from attending.
US Secretary of State Antony Blinken on Wednesday pressed Ethiopian Prime Minister Abiy Ahmed on accountability for atrocities committed by all parties throughout the yearslong conflict in northern Ethiopia.
Chinese billionaire and proclaimed dissident Guo Wengui was arrested Wednesday and charged with defrauding thousands of followers out of more than $1 billion through complex investment schemes, US prosecutors announced Wednesday.
A key measure of inflation fell dramatically in February, according to the latest Producer Price Index, which tracks what America's producers get paid for their goods and services.
World No.1 Iga Świątek has called for more support for Ukrainian players from the Women's Tennis Association (WTA), adding that "everything we discuss in tennis is about Belarusian and Russian players."
After Silicon Valley Bank and Signature Bank failed, the US government stepped in with an extraordinary measure to rescue customers, some of whom held many millions of dollars in uninsured deposits that otherwise would have been wiped out.
At least 190 people have died after Tropical Cyclone Freddy ripped through southern Malawi, the country's Department of Disaster Management Affairs said Tuesday.
The Metropolitan Museum of Art in New York has quietly reclassified some of its paintings. Two artists, once labeled Russian, are now categorized as Ukrainian and a painting by the French Impressionist Edgar Degas has been renamed from "Russian Dancer" to "Dancer in Ukrainian Dress."
With a grandiose diplomatic flourish China brokered a rapprochement between Saudi Arabia and Iran, in the process upending US calculus in the Gulf and beyond.
In 1998, Michael Jordan laced up a pair of his iconic black and red Air Jordan 13s to bring home a Bulls victory during Game 2 of his final NBA championship — and now the sneakers are going on sale and expected to smash auction records.
Sotheby's in New York will offer up the game-winning sneakers next month, for a high estimate of $4 million, with open bidding to take place online from April 3 to 11. The current record from 2021 — a pair of Nike Air Ships that Jordan wore early in his career — is $1.47 million, which marked the first time a set of sneakers sold for more than $1 million.
Kraft Heinz has succeeded in getting its ready-to-eat packaged Lunchables into school lunch programs starting this fall, in a major new initiative. But the company had to reformulate the ingredients to ensure the products meet federal guidelines first.
Moody's Investors Service cut its outlook for the entire US banking sector and placed six US banks on review for potential credit rating downgrades, in the wake of last week's collapse of Silicon Valley Bank.
Jim Stewart was getting ready to sell his home in East Palestine, Ohio, and retire. Then came the derailment of a Norfolk Southern train on February 3, releasing toxic chemicals into the air and nearby water, and he fears crashing the value of his home.
From a cabin concept that completely eradicates the middle seat to a swanky design that takes single-aisle aircraft business class to a new level, this year's Crystal Cabin Awards shortlist offers an exciting glimpse at aviation's potential future.