The Latest Breaking News on Business

Sales of existing homes in the United States were tepid in May, according to industry data released Monday, as high mortgage rates weighed on the market.

Apple’s slow response to the AI megatrend has been a drag on Apple stock. But the company might be looking to catch up with a major acquisition or partnership.

Rising grocery bills are a reality for nearly everyone these days, but some shoppers feel the sting more than others. You’re not alone if you’ve noticed your favorite brands costing more each month. Many companies have hiked prices well beyond inflation, leaving loyal customers searching for alternatives. This trend, known…

Chevron U.S.A., a subsidiary of Chevron Corporation (NYSE:CVX), announced its intention to enter the lithium market last week by acquiring lease rights to approximately 125,000 net acres spanning northeast Texas and southwest Arkansas.

“It was a game changer for me,” said Ryder System CEO and chairman Robert Sanchez.

Although News Corporation has lagged behind its communication services peers over the past year, Wall Street analysts remain bullish on its long-term potential.

The price of oil rose and stock markets fell as investors reacted to the US strikes against nuclear targets in Iran.

During periods of market volatility, durable companies provide investors with a compelling combination of stability and dividend growth.

The U.S. government may cancel a program for multinational chipmakers, with impacts to firms like Samsung, SK hynix, and TSMC which operate in China.