LA Post: Latest business news and finance headlines

Ebola outbreak in eastern Congo spreads to 2 new health zones with a total of 60 areas now affected

Congo government figures show that the fastest-growing Ebola outbreak in history has spread to two new health zones in eastern Congo

August 28, 2026

Ebola outbreak in eastern Congo spreads to 2 new health zones with a total of 60 areas now affected

Business|Economy

Fed Chairman Kevin Warsh stays quiet on interest rates but calls inflation ‘concerning’

August 28, 2026

Asia|Economy|Finance|World

Japan spent record $96.5 billion to support yen over past month, ministry data shows

Japanese authorities spent a record 15.4 trillion yen ($96.5 billion) intervening in foreign exchange markets over the past month to support the local

August 28, 2026

Japan spent record $96.5 billion to support yen over past month, ministry data shows

UN refugee agency scales back posts and budget for 2027, documents show

The U.N. refugee agency has scaled back its budget by 16% and lowered its official headcount by around 3,500 as it adapts to new financial constraints at a

August 28, 2026

UN refugee agency scales back posts and budget for 2027, documents show

Arts|Business|Economy

India's July industrial output growth slows to 6.7% y/y as mining contracts

India's industrial output growth slowed to 6.7% year-on-year in July, data showed on Friday, as mining activity contracted, with growth in manufacturing

August 28, 2026

India's July industrial output growth slows to 6.7% y/y as mining contracts

Business|Economy|Finance

Global equity funds snap 13-week inflow streak

Global equity funds snapped a 13-week streak of inflows in the week ended August 26, as investors turned cautious ahead of an earnings report from AI heavyweight Nvidia and

August 28, 2026

Global equity funds snap 13-week inflow streak

Business|Economy

Bank of Canada to hold rates for another year, wait for more stability on trade: Reuters poll

The Bank of Canada will keep its overnight rate at 2.25% on Wednesday and leave it unchanged for at least another year, according to a Reuters poll of

August 28, 2026

Bank of Canada to hold rates for another year, wait for more stability on trade: Reuters poll

Business|Economy|Finance|Technology

Marvell selloff deepens as investors seek clarity on Google AI deal payoff

Chip designer Marvell Technology's shares fell more than 8% to $221.6 in early trading on Friday as investors looked beyond the company's solid results in search of

August 28, 2026

Marvell selloff deepens as investors seek clarity on Google AI deal payoff

Immigration enforcement is supplying a long-standing economic market for prisoners

Rural places have long built and expanded prisons to tap federal funds during hard times.

August 28, 2026

Immigration enforcement is supplying a long-standing economic market for prisoners

Business|Crime|Economy|Finance

China hands ex-Hubei party chief suspended death sentence for bribery

A Chinese court on Friday handed Jiang Chaoliang, former party boss of the central province of Hubei, a suspended death sentence over corruption and said he took in bribes

August 28, 2026

China hands ex-Hubei party chief suspended death sentence for bribery

Business|Economy|Finance

Iran war drives US transport fuel surcharges, but also industry profits

U.S. retailers, manufacturers and small businesses are paying hefty fuel surcharges to ship their goods, not only as the U.S.-Israeli war on Iran

August 28, 2026

Iran war drives US transport fuel surcharges, but also industry profits

Arts|Economy|Environment|Sports

Judge blocks rule implementing Trump plan to restrict mail-in voting

A federal judge on Thursday blocked the U.S.

August 28, 2026

Judge blocks rule implementing Trump plan to restrict mail-in voting

Economy|Education

Trump administration seeks to restrict internships for international students

(This Aug 27 story has been republished, with no changes to text.)

August 28, 2026

Trump administration seeks to restrict internships for international students

Economy|MidEast|Political|World

After six months, the Iran war has reached its endgame - a costly stalemate

The Iran war has reached its endgame: a costly stalemate.

August 27, 2026

Economy|Finance

Making the Fed more accountable to Congress and the public may be just what it needs to fend off Trump’s threats to its independence

The Federal Reserve is much more powerful than it was 20 years ago, which has prompted calls for a reset in how it answers to Congress and the public.

August 28, 2026

Making the Fed more accountable to Congress and the public may be just what it needs to fend off Trump’s threats to its independence

Business|Economy|Finance|Technology

Didi plans to invest over $200 million in Argentina, manager says

Chinese ride-hailing company Didi Global expects to invest more than $200 million in Argentina this year to launch new services in smaller cities

August 28, 2026

Didi plans to invest over $200 million in Argentina, manager says

Business|Economy|Europe|Food

Dispute over cheese names causes stumbling block in US-Mexico trade negotiations

What's in a cheese name?

August 28, 2026

Dispute over cheese names causes stumbling block in US-Mexico trade negotiations

What is Radiant World and why is it in the news?

Commodity trader Radiant World is under scrutiny as counterparties have stopped doing business with it following news that authorities are investigating a report it provided

August 28, 2026

What is Radiant World and why is it in the news?

Business|Economy

Russian drones batter Ukraine's Kyiv region, hitting apartments and warehouses for a second day

Russian forces have resumed drone attacks on Ukraine’s Kyiv region that hit numerous buildings and storage depots

August 28, 2026

Russian drones batter Ukraine's Kyiv region, hitting apartments and warehouses for a second day

Crime|Economy|Education|Europe|Political

After King Harald V’s death, what comes next for Norway’s scandal-prone royals?

August 28, 2026

Economy|Election

Democrats and Republicans draw battle lines for November's general election with primaries ending

A political transition is underway during the late days of summer

August 28, 2026

Democrats and Republicans draw battle lines for November's general election with primaries ending

Economy|Political|Sports|Technology

Young adults under 21 traded $5 billion on Kalshi this year, amid prediction market frenzy

August 28, 2026

Business|Economy|Europe

Italy business and consumer confidence rise in August

Italian business and consumer confidence rose in August, data showed on Friday, in a positive sign for the prospects of the euro zone's third largest economy.

August 28, 2026

Italy business and consumer confidence rise in August

Business|Economy|Europe

German chemical industry mood turns positive for first time in four years, Ifo says

Germany's chemical industry saw a sharp improvement in business sentiment in August, with companies turning positive on current conditions for

August 28, 2026

German chemical industry mood turns positive for first time in four years, Ifo says

On islands key to Taiwan's defense, troops prepare for a Chinese first strike

In the pre-dawn darkness on an island in the Taiwan Strait, Taiwanese troops earlier this month pulled long, gleaming 105mm shells from

August 28, 2026

On islands key to Taiwan's defense, troops prepare for a Chinese first strike

Economy|Europe

French preliminary inflation at 2.7% in August

The rise in French consumer prices accelerated in August, preliminary data from statistics agency INSEE showed on Friday.

August 28, 2026

French preliminary inflation at 2.7% in August

Economy|World

Extensive power cuts hamper life in Sudan

Sudanese welder Shannan Mohammed has been building furniture for a family in Omdurman little by little as constant blackouts interrupt his work.

August 28, 2026

Extensive power cuts hamper life in Sudan

Arts|Economy|Europe

German unemployment rises slightly less than expected in August

The number of unemployed people in Germany rose slightly less than expected in August, labour office figures showed on Friday.

August 28, 2026

German unemployment rises slightly less than expected in August

Arts|Economy|Europe

Congo's president calls for national dialogue to ease tensions, rebels excluded

Democratic Republic of Congo President Felix Tshisekedi has unveiled plans for a national dialogue aimed at easing political tensions, which have risen over a bill that

August 28, 2026

Congo's president calls for national dialogue to ease tensions, rebels excluded

Business|Economy|Europe

Kimberly-Clark seeks EU approval for $40 billion Kenvue deal

Kimberly-Clark has asked EU regulators permission for its proposed $40 billion takeover of Tylenol maker Kenvue, documents on the EU Commission's website showed.

August 28, 2026

Kimberly-Clark seeks EU approval for $40 billion Kenvue deal

Economy|Europe|Finance

Flat French growth in the second quarter puts outlook at risk

French growth flatlined in the second quarter, the national statistics agency said on Friday, revising down a preliminary reading and casting doubt on the outlook for the

August 28, 2026