U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.
Sears is looking to raise more cash, announcing that it is planning a rights offering that may raise up to $625 million.
IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division.
China's economic growth will decelerate to 4 percent a year between 2020 to 2025 - well below widespread expectations of steady 7 percent to 8 percent growth over the next decade, a business research group predicted.
Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits.
The opportunity emerged from the tumult that seized financial markets and sent stock prices and bond yields tumbling. Rates on long-term mortgages tend to track the 10-year Treasury yield, which fell below 2 percent for the first time since May 2013.
On Sept. 18, the U.S. stock market reached a record high after a mostly uneventful summer. Long-term interest rates headed higher, a sign that investors expected steady U.S. growth. A widely watched measure of volatility in the U.S. stock market was near its lowest level of the year, and European markets were heading higher after a nasty downturn over the summer. The price of crude oil was declining, but nothing like the sudden plunges that would come weeks later.
Temperamental, flighty, prone to violent mood swings, the market took investors on a wild ride this week. From one day to the next, even within a few hours, stocks swung from despair to optimism, deep losses to big gains.
President Barack Obama says the United States must do more to stop security breaches for credit and debit card users.
General Motors' chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department's handling of an ignition switch recall, is retiring early next year.
Sales of the iconic doll continue to slide and a surprising drop in sales of its American Girl toys could become another headache for the toy company as it heads into the crucial holiday season.
Delta Air Lines Inc. said Thursday that third-quarter profit fell 74 percent on one-time costs such as retiring older planes. The results excluding those items beat expectations.
Netflix Inc. shares sank Thursday on slower subscriber growth and fears of increased competition ahead.
Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires.
Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.
News that a health worker diagnosed with Ebola flew on a commercial flight the night before showing symptoms raised fears on Wall Street that the scare over the virus could reduce air travel.
Indian budget airline IndiGo has signed a preliminary order with Airbus for 250 A320neo Family aircraft.
Volkswagen barely edged out General Motors for second place in the global auto sales race during the first three quarters of the year, but Toyota was expected to keep its lead to stay in first place.
Wal-Mart Stores Inc. plans to dramatically scale back expansion of its U.S. supercenters next year, while investing more in e-commerce.
U.S. businesses increased their stockpiles in August by the smallest amount in more than a year, while sales fell by the largest amount since January. The data suggest that the economy is still having trouble gaining momentum.
Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to bank next year.
JPMorgan Chase, the largest U.S. bank by assets, on Tuesday reported a third-quarter profit after booking a loss in the same period a year ago, when the company absorbed a big charge for legal expenses.
Chrysler is recalling 184,215 SUVs worldwide because a wiring problem could disable their air bags and seat belt pretensioners.
Wells Fargo & Co. on Tuesday reported third-quarter profit of $5.73 billion.
If you're a driver, a shipper or an airline, low oil prices sure feel nice. But there's a downside to the recent plunge in oil prices - for the oil industry and for the economy.
Concerned about potential security risks, the U.S. government is taking a close look at last week's sale of New York's iconic Waldorf Astoria hotel to a Chinese insurance company.
Shares of Fiat Chrysler Automobiles jumped as the market opened Monday, but fell in the morning and were nearly flat at midday after making their debut on the New York Stock Exchange.
The U.S. Supreme Court is set to hear a North Carolina case over whether U.S. states can delegate the regulation of professions such as dentistry, plumbing, cosmetology and more to boards of practitioners drawn from those occupations.