Business

The Biden administration has announced new measures it says could help make buying and owning a home more affordable for hundreds of thousands of people. The plan will cut mortgage insurance costs by 30% for…

Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in the history of our company creating a new…

Southwest Airlines experienced more flight delays and cancellations than other carriers as another winter storm in the northern U.S. disrupted flight travel across the country early Wednesday. According to data from FlightAware, Southwest Airlines was…

A group of Tesla workers in Buffalo, New York, have filed a complaint with the National Labor Relations Board accusing the electric carmaker of firing at least 30 workers in response to their union organizing…

Goldman Sachs and Bank of America said they expect the U.S. Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor…

As many shoppers trade down from pricier brand-name items for generic alternatives, grocers are increasingly pushing food suppliers to lower prices. Government data released Tuesday showed grocery prices were 11.3% higher in January than the…

Tesla is recalling 362,758 vehicles because a version of its ‘full self-driving’ software may increase the risk of crashes, according to the National Highway Traffic Safety Administration in response to a notice Tesla sent the…

With high inflation and rising interest rates on consumer debt, an increasing percentage of workers considered to be high-income earners now say they live paycheck to paycheck. According to a recent survey by the banking…

An IT failure at Lufthansa stranded thousands of passengers and forced flights to Germany’s busiest airport to be canceled or diverted Wednesday, with the airline blaming botched railway engineering works that damaged broadband cables. More than…

Consumer prices increased at an annual rate of 6.4% in January — a slight slowdown from the 6.5% seen in December but above analysts’ prediction of 6.2%. Food prices increased 10.1% from last January, the ninth-consecutive…