Business & Economy

Only about 53% of Americans own homes, or about 12 percentage points lower than previous data has shown, the study found.

Tesla stock sold off on Thursday after the EV maker reported mixed second quarter results that missed Wall Street expectations. Cash burn and production of p...

Tesla stock sold off on Thursday after the EV maker reported mixed second quarter results that missed Wall Street expectations. Cash burn and production of p...

The automaker reported earnings that disappointed Wall Street, with plans to spend billions more on AI.

T-Mobile stock fell despite Q2 earnings beat. Management rejected an expanded Starlink partnership, saying it would not create value.

Hajjat Hadijah Namyalo has praised the progress made by single mother Babra Kyomugisha after the Office of the National Chairman provided her with business startup capital, a new home and essential household items following a chance meeting during the National Resistance Movement voter register verification exercise in Katwe.

Millions of eggs have been recalled across several states for possible salmonella contamination. Here’s how to identify eggs that are included in the recall.

The clash over U.S. tech giants is escalating.

An American man sues OpenAI and its founder Sam Altman, claiming the popular chatbot "repeatedly misdiagnosed" him.

Kampala, Uganda | NEWS CORRESPONDENT | East Africa’s growing appetite for mobile internet continued to fuel Airtel Africa’s Mobile Services business during the quarter ended June 30, 2026, helping lift mobile services revenue to $607 million, up from $498 million in the same quarter last year. The performance reflects sustained growth in digital adoption across … The post East Africa’s data consumption drives Airtel

US auto safety regulators will start developing new requirements to ensure drivers and passengers can safely exit their vehicles, a significant move to address issues exposed by sometimes deadly incidents in which people have become trapped inside cars.

Investors are increasingly readying for the Federal Reserve to hike interest rates in September.

MBALE CITY, UGANDA — The Permanent Secretary in the Ministry of Local Government, Mr. Ben Kumumanya, has intensified his institutional reform agenda aimed at strengthening accountability, professionalism, and transparency in Uganda’s local governments. The latest move followed his directive for the immediate interdiction of four senior technical officers in Mbale City over allegations of gross […] The post No Sacred

The 30-year fixed-rate mortgage edged up to its highest level of 2026

Kampala, Thursday July 23, 2026 – Stanbic Bank Uganda has announced a UGX 200 million support package for the second edition of the Independence Marathon, a national run dedicated to raising awareness on maternal and newborn deaths and channeling proceeds towards strengthening select health centres to improve maternal care. This contribution underscores Stanbic’s long-standing commitment […] The post Independence Mar

New School Bus with safety features boosts learner protection at Busoga High School Kamuli, Uganda | NEWS CORRESPONDENT | Equity Bank Uganda has been hailed for supporting the education sector beyond conventional banking. Speaking at a handover ceremony of a new 2025 Isuzu 67-seater school bus to Busoga High School, Kamuli Municipal Education Officer Ivan Wakabi … The post Busoga High School Kamuli secures new bus wi

Airline boasts 'highest quarterly revenue' ever but slashed its 2026 profit forecast due to fuel costs

Kampala, Uganda – 23rd July 2026 – Recognising the growing contribution of Chinese investors to Uganda’s economy, Centenary Bank has continued to enhance its suite of banking solutions to meet the unique needs of Chinese-owned businesses operating in the country. Over the years, Centenary Bank has introduced several customer-focused solutions for the Chinese business community, […] The post Centenary Bank Strengthens

Wall Street is growing increasingly concerned about the hundreds of billions of dollars Big Tech is spending on artificial intelligence just as the resurgence of the war in Iran clouds the global macroeconomic outlook.

(Kitco News) – The Federal Reserve will likely keep rates unchanged, at next week’s meeting and through 2026, as recent data has bought the FOMC some breathing room, according to economists at Natixis.Economists Christopher Hodge and Selin Aker wrote in Natix…

In a candid interview, Uganda’s richest man Sudhir Ruparelia has opened up about his tough early days as a refugee in London following Idi Amin’s 1972 expulsion of Asians from Uganda. Ruparelia arrived in England on 5 November 1972 as one of the last to leave. Landing at 3 a.m. in freezing November weather with […] The post CEO INTERVIEW: From Freezing Refugee to Billionaire: Sudhir Ruparelia Reveals His Brutal Three

Eligible Amazon Prime customers have until Monday, July 27 to file a claim as part of a $2.5 billion settlement.

The city’s famous “dry heat” is taking the summer off. Here’s what meteorologists say is behind the muggy weather — and why it might be part of the new summer normal.

Federal health officials said they've identified a new outbreak of the cyclospora parasite, but the source hasn't been specified.