New York's status as the U.S. economy's leading financial hub could be slipping as a leading figure in the city's business community is sounding the alarm.Kathryn Wylde, president and CEO of the Partn...
The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above...
U.S. airlines and aviation groups are warning Congress that a government shutdown at midnight would disrupt air travel, jeopardize safety and stall efforts to modernize the nation’s air traffic contro...
Video game maker Electronic Arts – known for The Sims, Maddel NFL, Plants vs. Zombies and more – could be going private soon with a valuation of roughly $50 billion.The possible deal, first reported b...
Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies and more – is going private in a deal valued at roughly $55 billion.Saudi Arabia's Public Investment Fund, private...
Americans are paying more for their coffee as prices for the caffeinated commodity are near record levels due to global production headwinds and higher costs from imported coffee exposed to tariffs.Th...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...
Amazon is set to pay a historic $2.5 billion settlement after it was accused of enrolling customers in Prime subscriptions without their consent and making it hard to cancel. The Federal Trade Commiss...
Mortgage rates rose this week for the first time since mid-July, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rat...
The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter.The Bureau of Economic Ana...
Construction on a U.S. offshore wind project has resumed after a federal judge ruled that Denmark's Orsted may move forward, even as the Trump administration’s broader legal effort to permanently bloc...
Metros in Virginia, Colorado and North Carolina with younger, more mobile populations stand to benefit the most as mortgage rates drift into the low 6% range, according to a new report from Realtor.co...