Business News [UP]

South Korea has been ordered to pay damages amounting to $216.5 million plus interest to U.S. private equity fund Lone Star for the loss it was forced to take in the sale of Korea Exchange Bank....Read More

The Dow Jones Industrial Average fell 280 points Wednesday as markets closed August with four straight losing sessions....Read More

The chair of the Federal Reserve Bank of Cleveland said Wednesday she thinks the U.S. benchmark interest rate will continue rising into early 2023 and could climb above 4%....Read More

Inflation rose to an all-time high of more than 9% during the month of August in the collective of 19 countries that use the euro as their main currency, new figures showed Wednesday....Read More

The Dow Jones Industrial Average fell 308 points on Tuesday as U.S. markets fell for the third consecutive session....Read More

Hiring declined in July and fewer people quit their jobs, according to a report Tuesday from the Labor Department. Job openings changed little from the month before....Read More

Despite a small increase in missed credit card payments and increased debt load, the average FICO credit score for U.S. residents remained steady at 716, the credit analytics firm said Tuesday....Read More

The nation’s largest solar panel manufacturer announced on Tuesday that it will invest up to $1 billion in building a new factory, its fourth, to be located somewhere in the Southeast....Read More

Honda Motor Co. announced Monday a $4.4 billion joint venture with South Korean battery manufacturer LG Energy Solution to produce lithium-ion batteries in the United States to power electric vehicles....Read More

The Dow Jones Industrial Average fell 184 points Monday as investors weighed the most recent comments from the Federal Reserve....Read More