Roark Capital, the private equity firm that has been buying up established franchises, acquired Dave's Hot Chicken in a $1...
Citigroup on Tuesday announced it is dropping a 2018 policy that placed restrictions on offering banking services to retail clients...
U.S. President Donald Trump's 50% tariffs on most imported steel and aluminum went into effect on Wednesday, the same day...
For the first time since the Smoot-Hawley Act of 1930, tariffs are not just a tool of U.S. economic...
Companies in the private sector added just 37,000 jobs in May, payroll...
President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest rates after ADP reported weak...
President Donald Trump's "big, beautiful bill" would cut taxes by $3.7 trillion while raising deficits by $2.4 trillion over a...
Amazon is investing $10 billion to create data centers in North Carolina aimed at expanding its artificial intelligence and cloud...
A group of more than 300 economists on Thursday sent a letter to President Donald Trump and Republican leaders in Congress...
The European Central Bank (ECB) cut interest rates as expected on Thursday and kept all options on the table for...
Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac...
Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to...
U.S. consumer sentiment continued to decline in May as Americans' expectations about future inflation rose and concerns persisted about the...
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch due to persistent fiscal deficits...
Treasury Secretary Scott Bessent downplayed the impact of Moody's downgrading the U.S. government's credit rating in an interview on Sunday. Moody's...
A 100-point drop in a credit score can be "absolutely catastrophic." It can also take years to recover from, according...
The California Avocado Commission (CAC) is urging the Trump administration to take actions to help protect the Golden State’s avocado...
Moody's Ratings on Friday announced a downgrade of the U.S. government's credit rating, moving it down a notch from the...
The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays. In March, Reuters reported that...
JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that are raising costs for borrowers...
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