Business and Economic News

Is a strong dollar a good thing? Not for everybody
The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.
Journalists are being trained to gather evidence of war crimes — starting in Ukraine
For years, the coverage of war crimes by journalists wasn't used in criminal trials. The Reckoning Project is an educational program that aims to change that, starting with Ukraine.
The British pound hit a record low over fears about income tax cuts and debt
The British pound sank to $1.03, before stabilizing slightly, as traders and investors react negatively to new government plans to cut taxes for highest earners and businesses and boosting borrowing.
Stocks and bonds both get clobbered this time. Here's what's behind the double whammy
Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans.
FedEx delivers unexpected bad news to Wall Street
A surprise warning from FedEx has shocked Wall Street and worried some about the direction of the economy.
CO2 pipeline proposal draws mixed reactions in SW Minn.
Iowa-based Summit Carbon Solutions has positioned its CO2 pipeline project as a way to combat climate change. But some environmental groups and landowners say their safety concerns haven’t been answered.