The Latest Breaking News on Business

Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. But this isn’t a new concern: In 1978, the U.S. Government Accountability Office warned that rising costs were threatening the American dream – at a time when the median home price was just US$44,300,…

“Most people have jitters at the moment, it’s hard not to.”

Lennar Corporation is all geared to report its second-quarter results in June, and analysts project its earnings to decrease by double digits.

Hormel Foods will release its second-quarter earnings next month, and analysts anticipate a single-digit profit dip.

GM joins a growing list of companies forgoing quarterly profit forecasts.

UPS to cut 20,000 jobs and close 73 facilities as it reduces Amazon deliveries and increases automation.

Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.

President Donald Trump’s tariff policies have largely impacted how consumers feel about the economy.

The company reported $21.5 billion in revenue for the most recent quarter and projects savings of $3.5 billion this year through its consolidation efforts.

Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in

Tokyo's tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump's trade levies.