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Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the...
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Business News
The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding to...
Business News
President Donald Trump said Wednesday that Coca-Cola in the United States will begin to be made with cane sugar, but the company did not...
Business News
President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made in...
Business News
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index,...
Business News
The interest rate on many new federal student loans is set to rise to its highest level in more than a decade next year...
Business News
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for...
Business News
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer worries as...
Business News
At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain’s long-term future. In a post Monday...
Business News
Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales...
Business News
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of Remodeling Activity,...
Business News
U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended by motorcyclists....
Business News
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of whether the...
Business News
Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people. The retailer...
