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The SoCal home of the late musician sits on 2 acres and includes a recording studio and a stately fireplace that Petty himself renovated.

The world’s largest carmaker was hit by a slump in sales in its largest market China driven by intense competition from domestic rivals

Anheuser-Busch InBev reported booming profits on Thursday thanks to cost cutting even as the brewer still wrestles with a consumer boycott of Bud Light in the U.S.

Bond yields rose early Thursday having fallen to their lowest in more than four months after investors inferred from Fed comments that a rate cut in September was very likely

Worldline slashed its forecasts for the year due to volatile spending across Europe.

BAE Systems raised its 2024 guidance after posting a surge in sales amid high defense spending across all its key markets.

South Korea’s exports grew for a 10th straight month in July on brisk demand for semiconductors and other goods overseas, notching the fastest pace of growth in six months.

Recent data from Meta indicated that over 40 million U.S. and Canadian young adults are daily active users, the highest in three years.

Delta Air Lines has suspended flights from New York to Tel Aviv citing continuing conflict in the region.

Concerns have grown about concert-ticket sales. But Ticketmaster parent and concert-industry giant Live Nation Entertainment Inc. is seeing none of it.

Federal Reserve Chair Jerome Powell on Wednesday put a “heavy thumb” on the scale regarding an interest-rate cut coming as soon as the next policy meeting in September, but when asked about what comes next, he did not say much.

Senior citizens shouldn’t be paying taxes on their Social Security benefits, former President Donald Trump said Wednesday, floating an idea that could lighten the federal income-tax load for about 40% of recipients.