The dollar is poised for its worst year since the onset of the pandemic as Wall Street bets the Federal Reserve is set to lower interest-rates after safely reining in prices.
A gauge of pending U.S. existing-home purchases held at a record low in November, indicating a weak resale market beset by a lack of inventory and high prices.
Initial applications for U.S. unemployment benefits increased in the week leading up to Christmas, while remaining at a level that is consistent with a resilient labor market.
A banner year for stocks is drawing to a close, with gains in big tech leaving the market near all-time highs amid the artificial-intelligence exuberance and dovish Federal Reserve bets.
Fees – service fees, convenience fees, transfer fees, delivery fees, bank fees – are ubiquitous and, more and more, a standard part of commerce in the gig-age of the 21st century.
The biotech company Moderna (Nasdaq: MRNA) generated billions of dollars in earnings from its coronavirus vaccine, but sales of the vaccine – its only product – are on the decline. Still, the company's best days may be ahead of it.
Apple Inc. won a court ruling temporarily pausing a U.S. sales ban on its newest smartwatches, giving the company a reprieve in a patent fight that had forced the devices off the market and threatened an estimated $17 billion business.
More than a decade after regulators vowed to tame the risks of too-big-to-fail banks, White House officials were on a call. Why, one attendee asked, was JPMorgan Chase & Co. allowed to buy First Republic Bank that morning in a government-led auction?
The New York Times Co. sued Microsoft Corp. and OpenAI Inc. for using its content to help develop artificial intelligence services, in a sign of the increasingly fraught relationship between the media and a technology that could upend the news industry.
Toyota Motor Corp. is poised to keep its title as the world's best-selling carmaker, beating Volkswagen AG for the fourth consecutive year after steady demand across North America and Europe helped sales and production reach new records in November.
Spokanites of all ages were delighted to find Lego boxes under their Christmas tree on Monday, while retailers of the “plastic gold” are still seeing flurries of business after the holidays.
Apple Inc., seeking to defend a business that generates roughly $17 billion a year, is appealing a U.S. sales ban of its smartwatches after the White House refused to overturn the measure.
