Bloomberg Business

The US is resorting to purchases of European wheat after a drought upended crop markets, pushing local prices higher.

President Joe Biden intends to select veteran government lawyer Anna Gomez to serve on the Federal Communications Commission and give the agency its first Democratic majority of his presidency, a person briefed on the matter said.

Authorities in Pakistan said they aim to search the home of Imran Khan for supporters accused of attacking military facilities and that they don’t intend to arrest him again, the latest step in the standoff between the former prime minister and the military.

The US Supreme Court scrapped a showdown over pandemic-era border restrictions after President Joe Biden’s administration ended the emergency declaration that had formed policy’s legal basis.

The US consumer spending binge that took hold during the pandemic is breaking down.

Oil edged lower as the potential for additional rate hikes from the Federal Reserve underpinned concerns about a recession that would weaken demand.

Florida Governor Ron DeSantis is fighting a losing battle against Walt Disney Co., and a backlash against the Republican’s culture crusade is galvanizing Democrats across the state, Orlando Mayor Buddy Dyer said.

Chinese buyers are once again snapping up property in Australia, further fueling resurgent prices in everything from luxury homes to tiny student apartments.

President Joe Biden faces a fervent campaign from progressive Democrats opposing potential concessions to Republicans to avert a US default, complicating passage of a debt-limit deal and risking enthusiasm for his reelection.