Brendan McDermid | Reuters United States ambassador to the United Nations Nikki Haley addresses the U.N. Security Council, December 8, 2017. The U.S. government says it has negotiated a significant cut in the United Nations budget. The U.S. Mission to the United Nations said on Sunday that the U.N.’s 2018-2019 …

Chris Jung | NurPhoto | Getty Images Excited newly-released iPhone X customers in Kuala Lumpur, Malaysia. Apple iPhone X sales are solid despite recent negative media reports to the contrary, according to one Wall Street firm. Rosenblatt Securities reiterated its buy rating and $180 price target on Apple shares, predicting …

A larger-than-average slew of retail bankruptcies and stores being shuttered rocked the industry this year, making headlines and dragging even some of the better-performing companies such as Home Depot, TJ Maxx and Costco down with the dismal news. So far in 2017, 6,985 store closure announcements have been made, according …

KCNA | Reuters North Korean leader Kim Jong Un reacts with Ri Pyong Chol (L), in this undated photo released by North Korea’s Korean Central News Agency (KCNA) on May 15, 2017. The United States on Tuesday sanctioned two top North Korean officials involved in the rogue state’s ballistic missile …

Anthony Wallace | AFP | Getty Images A man looks at ATM machines (L and R) for digital currency Bitcoin in Hong Kong on December 18, 2017. Bitcoin rallied Tuesday, recovering from a sharp sell-off late last week. The digital currency briefly climbed more than 12.5 percent to above $16,100 …

Peter Parks | AFP | Getty Images Elon Musk, founder of SpaceX speaks at the 68th International Astronautical Congress 2017 in Adelaide on September 29, 2017. Tesla CEO Elon Musk asked his 17.1 million Twitter followers for feedback Tuesday, saying he wants to know find out how the auto and …

Qilai Shen | Bloomberg | Getty Images Pedestrians ride an escalator near the Jin Mao Tower, center left, and the Shanghai Tower, center right, in the Lujiazui Financial District in Shanghai, China. China’s financial hub of Shanghai will limit its population to 25 million people by 2035 as part of …

Oil prices surged to more than 2½-year highs Tuesday on reports that a pipeline explosion in Libya has disrupted a big chunk of the country’s crude supply. International benchmark Brent crude rose $1.50, or 2.3 percent, to $66.75, after hitting an intraday peak of $66.89, its highest level since May …

Getty Images A real estate agent, left, with prospective buyers in Doral, Florida. U.S. home prices climbed a robust 6.2 percent from a year ago, amid strong demand from would-be buyers and a shrinking supply of properties for sale. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national …

Chris Goodney | Bloomberg | Getty Images Mark Trudeau, chief executive officer of Mallinckrodt Plc Drugmaker Mallinckrodt said on Tuesday it would buy Sucampo Pharmaceuticals for about $840 million, excluding debt, to gain access to its constipation drug, Amitiza. Mallinckrodt said it offered $18 per Sucampo share held, representing a …