Business

The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since last July. Nonfarm payrolls increased by 517,000 in January, far above the Dow Jones estimate of…

A jury found Elon Musk not liable for costing investors millions of dollars when he issued a series of tweets saying he had ‘secured’ funding to take the electric car maker private. The Friday verdict,…

A series of class-action lawsuits alleging deceptive practices by Beyond Meat will be heard as a single case in Chicago, a court ruled Wednesday. The suits allege Beyond Meat Inc., which sells plant-based meat-substitute products,…

Conagra Brands is recalling some 2.6 million pounds of canned meat and poultry that were potentially spoiled due to a packaging defect. The recall primarily affects goods sold under the Armour brand, including Armour Vienna…

The Biden administration on Wednesday proposed new rules that would limit the fees credit card companies charge for missed payments. The move was announced as part of the White House’s broader efforts to limit fees…

Bed Bath & Beyond is closing an additional 87 stores, as the troubled home goods retailer seeks to consolidate its assets ahead of a possible bankruptcy filing. The company confirmed the closures in a statement,…

The Federal Reserve is still raising interest rates, meaning homebuyers will still face high mortgage rates after a rough 2022 for the housing market. The past year has been a rollercoaster ride for homebuyers and…

The Federal Reserve announced Wednesday that it had raised its key federal funds rate by 0.25% as it seeks to keep putting downward pressure on economic growth in its bid to slow inflation. It was…

Here’s the good news about the U.S. economy right now: Despite a wave of high-profile layoff announcements, most workers are still employed. Last week, the Bureau of Labor Statistics reported that the number of people…

DETROIT — Ford Motor is increasing production and cutting prices of its electric Mustang Mach-E crossover, weeks after industry leader Tesla announced similar plans for its EVs. The Detroit automaker said Monday it will lower the pricing of the…