Business News

Tech companies help pull US stocks lower in morning trade

U.S. stocks moved lower in morning trading Thursday, weighed down by losses in technology companies and makers of consumer products. Banks bucked the trend, rising along with bond yields. Energy stocks also rose as a rally in oil prices continued, bringing crude to the highest level in more than three years....

North Korea has a new budget and it's full of fiscal hijinks

TOKYO (AP) -- Imagine a national budget that reflects steady growth, gives a healthy boost to science and technology while reserving big slices of the overall pie to defense and social spending. It's generous with infrastructure improvements, and is certain of unquestioning, unanimous approval in parliament....