Business

Shares of Nike Inc. tumbled Friday, dragging down sportswear retailers and rival brands, after the sneaker maker said it will slash jobs and streamline operations in response to weaker sales.

U.S. consumers remained sanguine about the inflation outlook as 2023 drew to a close, contributing to a robust rebound in sentiment.

Forces that slowed the the local housing market may be thawing, but homebuyers in the Spokane area likely won't see much relief in the first three months of 2024, a local real estate official said.

The Federal Reserve's preferred gauge of underlying inflation barely rose in November and trailed policymakers' 2% target by one measure, reinforcing the central bank's pivot toward interest-rate cuts next year.

Honda is recalling 2.6 million cars, SUVs and vans in the United States over a fuel pump defect that could cause the vehicles to stall on the road or fail to start.

The shift away from cars with dirty combustion engines is running into a new hurdle: Drivers don't want to buy used electric vehicles, and that's undermining the market for new ones, too.

The Biden administration raised the stakes on its politically fraught bet on massive subsidies for nascent clean-energy technologies Friday, rolling out a plan for awarding billions of dollars in tax credits to the makers of ultrapowerful "green" hydrogen fuel.

Families can enjoy numerous activities over winter break without cost thanks to Numerica Credit Union’s 5 Days of Family Fun.

Permits submitted to Spokane County showed officials at the Riverside Memorial Park cemetery plan to modernize a portion of the 56-acre property.

During the heart of the pandemic, hospitals around the country were forced to hire expensive, agency nurses to meet increased demand.

Apple Inc. has stopped selling the Apple Watch Series 9 and Ultra 2 in the U.S. on its online store, just days before a ban related to a patent dispute takes effect.

The U.S. inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve's two-day policy meeting, the dam finally broke.

China has signed off on the first delivery of a Boeing Co. 787 jet since April 2021, an indication strained U.S.-China trade relations may be easing and a potential precursor to the more significant resumption of 737 Max deliveries.

China will halt the export of a range of rare-earth technologies, potentially making it harder for the US and other western nations to bolster supplies of strategic raw materials.

Shares of Micron Technology Inc. gained about 6% in premarket trading Thursday after the largest U.S. maker of memory semiconductors gave a strong revenue forecast, indicating that data center demand is compensating for a slowly recovering market for personal computers and smartphones.

Apple Inc. added nearly $1 trillion in market value this year. Such gains in 2024 will be harder to come by.

U.S. stocks extended a rebound ahead of Friday data expected to show the Federal Reserve's preferred inflation metric is close to its target.

More travelers are expected to use the Spokane International Airport during this holiday season than ever before, an airport official said.

High-flying stocks reversed course Wednesday after Wall Street warned of a pullback on the rally ignited by the Federal Reserve's pivot last week.