Money

Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…

Another 730,000 American workers filed for first-time unemployment benefits, adjusted for seasonal swings, last week, the Labor Department reported…

Victoria’s Secret is continuing to shrink its store count. Its parent company L Brands announced that it plans to permanently close between 30…

PepsiCo isn’t joining the hard seltzer trend just yet. But it wants to be part of your at-home cocktail experience with a new line of mixers.…

After a quick bout of nerves, Wall Street is ready to restart the party. What’s happening: In testimony before Congress this week, Federal…

The Federal Reserve suffered a widespread disruption in multiple payment services Wednesday, including a system that banks and businesses rely on to…

Geely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on…

GameStop traders are at it again. Company shares surged more than 100% yesterday and were halted twice for volatility before the closing bell.…

Three of Britain’s biggest banks have announced plans to dump expensive office space, a bet that remote work is here to stay even after the…

Australia has passed a new law that will force tech companies to pay publishers for news content, setting the stage for potential, similar action in…

After a wild several weeks for GameStop, the retailer’s chief financial officer is resigning. The company announced Tuesday that Jim Bell, its…

Do you read the following headline from CNN Business and get a little nervous? Housing market concerns begin to emerge If the answer is yes,…

Few things have changed less during the course of this century than this nation’s fleet of postal delivery vehicles. The squat, box-like van…

Fry’s Electronics suddenly closed all of its stores overnight, ending a nearly four-decade run in business. The company, which had 31 stores…

TJ Maxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…

TJMaxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…

The Federal Reserve is suffering a disruption in multiple payment services due to an operational error, the central bank said in a statement…

Lyft is adding an option to allow people to order a ride in a more retro way — by phone call — a year after Uber tried doing the same…

Dunkin’ is certainly appeasing avocado-craving millennials with its new menu item. Beginning Wednesday, the chain has added avocado toast to…

California’s net neutrality law can go into effect after a federal judge on Tuesday handed a defeat to broadband providers who had pushed to…

The housing market is still red hot. But there are growing concerns about how much longer this strength can last. Home Depot reported earnings and…

Women now occupy at least one seat on the board of every major British company after a 50% increase in participation rates over five years, according…

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Richard Winton, the…

Mukesh Ambani has spent years trying to turn his inherited oil business into a tech empire. In 2020, that pivot really kicked into overdrive. Between…

Facebook will restore news pages in Australia after the government agreed on changes to a planned media code that the company said would allow it to…

Luxury electric vehicle startup Lucid Motors went public after a merger with “blank-check” firm Churchill Capital Corp IV, in the largest…

Wall Street is increasingly concerned that a wave of spending when the economy reopens could cause prices to spike, spoiling the financial market…

Instacart started as a grocery delivery service. But it’s increasingly moving into delivering office supplies, sporting goods, televisions,…

SPAC mania has entered the celebrity phase. Colin Kaepernick, Shaquille O’Neal, Larry Kudlow and pop star Ciara are all lending their star…

Tesla, the hottest stock in the market for more than a year, has sunk into bear market territory. Shares of Tesla fell 6% Tuesday after closing down…

Adam Neumann, the disgraced former CEO and cofounder of WeWork, may soon have a massive payday as part of a possible settlement with SoftBank, the…

Uncle Sam is in search for a pot of gold that could ease the pain of trillion-dollar deficits. And some believe Wall Street might just have the…

JPMorgan Chase and Google launched a program Tuesday to help banks owned and led by people of color increase their lending capabilities. The new…

Goodyear has agreed to buy rival Cooper for $2.8 billion. The deal will give America’s largest tire producer a much bigger footprint around the…

Hillary Clinton is working on a book with Canadian mystery novelist Louise Penny, set in the aftermath of US political chaos. The book, titled…

HSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic. It’s also bringing…

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. More than 500,000…

Federal regulators are looking closely at the Texas energy market after natural gas prices rocketed during last week’s deep freeze. And…

Oatly, the popular oat milk maker backed by Oprah, is making plans to go public. The Swedish company said it filed confidential IPO forms with the…

Ahmed Zaki Yamani, the long-serving Saudi oil minister who masterminded an OPEC embargo that plunged western economies into recession in 1973, has…

Victoria Richardson turns away from her favorite show, “Chicago Med,” every time a plotline revolves around the coronavirus pandemic. The…

The pandemic has slammed Macy’s and other department stores. But signs of a recovery are beginning to emerge. Macy’s said Tuesday that it…

Bitcoin’s roller coaster ride continues. The top cryptocurrency surged to a new all-time high above $58,000 on Sunday but fell to just above…

When Michelle Gass took over as Kohl’s CEO in 2018, she tried getting creative to bring more shoppers into stores. The company had just struck…

Jay-Z and luxury goods giant LVMH have a reason to break out the bubbly. LVMH, which owns Dom Pérignon and Moët & Chandon, has taken a 50%…

Companies are now being forced to answer a question that was until recently mostly hypothetical. Should they require their employees to get a…

Dominion Voting Systems, the election technology company that has been the focus of debunked conspiracy theories about election fraud, is suing…

A sprawling lobby and bar with only a handful of people. Confused guests asking where everybody went. Elegant, but empty hallways. These are the…

Airlines in the United States, South Korea and Japan have grounded dozens of Boeing 777 aircraft after one of the jets suffered engine failure…

The principal chief of the Cherokee Nation has asked Jeep to stop using the tribe’s name on its SUVs. The Jeep Grand Cherokee is the…

Uncle Sam is in search for a pot of gold that could ease the pain of trillion-dollar deficits. And some believe Wall Street might just have the…

Boeing has spent years trying to assure customers, regulators and the public that its planes are safe. That job may have just gotten harder.…

Peloton is releasing a lower-priced treadmill to become more than a purveyor of high-end stationary-bikes. The public company, which reported revenue…

The boom in bitcoin prices is giving a huge lift to a California bank that accepts cryptocurrency deposits and doles out bitcoin-backed loans. Shares…

The US economy is still at the mercy of the pandemic. But for policy makers to help the recovery along, we must first get the virus under control,…

Microsoft is joining forces with publishers in Europe to call for an Australia-style system that would force tech platforms such as Google and…

Electricity and gas provider Just Energy warned that the financial impact of the Texas winter storms could force it out of business. Just Energy said…

Nearly a year into the Covid-19 pandemic, many Americans remain stuck trying to work, attend school and socialize from home. For tens of millions of…

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. USA Today and Suffolk…

Kamala Harris isn’t the only Black woman making history in 2021. The January 20 swearing-in of the nation’s first woman, Black and…

In an interview with CNN’s Anderson Cooper, Bill Gates said deaths during Texas’ winter freeze were preventable, caused by the…

Rio Tinto’s former CEO got a huge payout last year despite being forced to resign over the company’s destruction of a sacred Indigenous…

Dominion Voting Systems, the election technology company that has been the focus of debunked conspiracy theories about election fraud, is suing…

Disney+ is warning viewers that some episodes of “The Muppet Show” feature “negative depictions” and “mistreatment of…

Surging iPhone sales in the final three months of 2020 pushed Apple ahead of Samsung as the world’s biggest smartphone maker, according to new…

Publix joined a growing list of US grocers and retailers offering incentives to workers who get the Covid-19 vaccine. The popular Southern…

The White House supports studying the merits of a financial transaction tax — a move favored by progressives and despised by Wall Street — in the…

The majority of power outages in Texas over the past week came from losses in coal, natural gas and nuclear energy, according to the state’s…

In an interview with CNN’s Anderson Cooper, Bill Gates said deaths during Texas’ winter freeze were preventable, caused by the…

Fast food wants to be a force in fast fashion. McDonald’s latest non-edible creation is a hoodie, timed to coincide with the launch of its new…

“Saturday Night Live” felt like a lot of people needed to apologize this week, so on Saturday’s episode that’s what happened.…

For nearly a year, newsrooms have mostly sat empty because of the pandemic. Staffers have been working from home and not seeing many of their…

Hours after Google tried to turn the page on a months-long controversy over the abrupt departure of one leader of its Ethical AI team, the other…

“Icy Park” is finally here. Beyoncé’s sports apparel brand Ivy Park x Adidas released its third collection of merchandise online…

The trillion-dollar market value club has a new member: bitcoin. The total number of bitcoins trading are now collectively worth more than $1…

America’s CEOs are the most confident they have been in 17 years, as company leaders expect fewer layoffs and further improvements in the…

The blackouts that shut down most of Texas for much of this week could be coming to other parts of the country in the future. The power outages…

All of Dole Packaged Foods’ US-based employees will make at least $15 an hour within a few months, the company says. “The $15 an hour…

Uber is reviewing how it treats thousands of drivers in the United Kingdom after the Supreme Court upheld a ruling that they should be classified as…

How Facebook, Uber and Robinhood run their businesses is under threat around the world, a warning sign for investors who have been all too willing to…

As winter storms sweep the US, you may be using your snow blower more than ever. And if it’s made by Toro, it’s time to check your model…

Citigroup lost a court battle Tuesday to claw back $504 million it mistakenly wired to Revlon’s lenders in August. But don’t get your…