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Business

Fed's favored inflation gauge showed consumer price growth remained elevated in December

The Federal Reserve's preferred inflation gauge remained elevated in December as price pressures continued to pose a challenge for consumers.The Comme...

Business

US economy grew slower than expected in fourth quarter

The U.S. economy grew at a much slower than expected pace in the fourth quarter, according to new data released on Wednesday.The Commerce Department's...

Business

Silicon Valley engineers charged with stealing Google trade secrets and transferring them to Iran

Three Silicon Valley engineers were arrested and charged with stealing trade secrets from Google and other U.S. technology firms and transferring sens...

Business

Hundreds of NYC roles reportedly included in Amazon’s job reduction plan

Amazon’s latest wave of layoffs has reportedly hit New York, with hundreds of employees losing their jobs.Roughly 135 corporate employees at Amazon’s...

Business

Amazon reportedly cuts hundreds of New York jobs as part of massive workforce reduction

Amazon’s latest wave of layoffs has reportedly hit New York, with hundreds of employees losing their jobs.Roughly 135 corporate employees at Amazon’s...

Business

US businesses shift away from China under Trump tariffs

A new analysis finds that payments made by U.S.-based midsize businesses to firms in China dropped significantly last year as tariffs on Chinese impor...

Business

Popular soda flavor returns as Keurig Dr Pepper rolls out 35 new drinks

Beverage giant Keurig Dr Pepper is significantly expanding its portfolio this year, unveiling more than 35 new drinks across its soda, tea, water, jui...

Business

Elon Musk reveals price of Tesla's Cybercab

Tesla CEO Elon Musk said the company plans to sell its fully autonomous Cybercab for $30,000 or less by 2027.The electric-vehicle maker announced Tues...

Business

Trump admin ramps up effort to revive coal industry as power demand surges

The Trump administration is stepping up its push to reinvigorate the U.S. coal industry as it pursues its goal of boosting energy security.Last week,...

Business

O’Leary blasts California wealth tax as ‘bad management,’ calls on residents to 'hire' new leaders

"Shark Tank" investor Kevin O’Leary tore into California Democrats as "terrible managers" over a proposed billionaire wealth tax on Thursday, urging s...

Business

Trump administration sues Coca-Cola distributor for alleged sex discrimination over event that excluded men

The U.S. Equal Employment Opportunity Commission (EEOC) filed a lawsuit against Coca-Cola Beverages Northeast, Inc., a producer, seller and distributo...

Business

Johnson & Johnson to invest $1B in Pennsylvania manufacturing facility

Johnson & Johnson on Wednesday announced plans to invest more than $1 billion in a next-generation manufacturing facility that will produce advanc...