The Biden administration sued Texas on Monday over a floating barrier of buoys the state recently deployed in the Rio Grande, arguing that the border security measure violates federal law and was installed without authorization.
A pivotal week for markets started with small gains in stocks as traders braced for rate decisions from major central banks and a deluge of corporate earnings.
The mayor of one of Ecuador’s main Pacific ports was assassinated a month ahead of presidential elections as skyrocketing crime overwhelms the authorities, making the formerly peaceful nation as violent as Mexico and Colombia.
Traders burned Friday by an arbitrage bet on AMC Entertainment Holdings Inc.’s stock got a lifeline when the movie-theater chain revised a plan to convert preferred shares that may enable it to win legal approval for the move.
Oil rose to a three-month high, closing above a key technical barrier, as signs of a tighter crude market outweighed the prospect of another hike from the Federal Reserve.
Brazil’s Citrosuco, one of the world’s top orange juice producers, warned it may need to declare force majeure on supplies to some clients after disease and rainfall damaged crops.
Wheat and corn prices surged after Russia attacked one of Ukraine’s biggest Danube river ports, ramping up the risks facing Kyiv’s last major grain export route and global food trade.
The global space economy grew 8% to $546 billion in 2022 and is projected to climb another 41% over the next five years, according to a leading space nonprofit.
FTX founder Sam Bankman-Fried has agreed to a gag order largely preventing him from publicly discussing his case after prosecutors accused him of trying to discredit their star witness, Caroline Ellison.
Appliance maker Whirlpool Corp. sees the US housing market improving in the second half of 2023, specifically for new home construction.
