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UAW extends Ford, Fiat Chrysler pacts; strike possible at GM
News 1 day ago
UAW extends Ford, Fiat Chrysler pacts; strike possible at GM

DETROIT (AP) - Leaders of the United Auto Workers union have extended contracts with Ford and Fiat Chrysler indefinitely, but the pact with General...

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WeWork to list shares on Nasdaq, reduce CEO's voting power
News 1 day ago
WeWork to list shares on Nasdaq, reduce CEO's voting power

NEW YORK (AP) - WeWork's parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on...

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US retail sales rise moderately as auto-buying jumps
News 1 day ago
US retail sales rise moderately as auto-buying jumps

WASHINGTON (AP) - U. S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales. But there were...

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US long-term mortgage rates rise, with 30-year at 3.56%
News 2 days ago
US long-term mortgage rates rise, with 30-year at 3.56%

WASHINGTON (AP) - U. S. long-term mortgage rates rose this week but remained at historically low levels. Mortgage buyer Freddie Mac said Thursday...

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7 tips for becoming an ethical shopper
News 2 days ago
7 tips for becoming an ethical shopper

Sustainability, labor conditions, politics and other issues prevalent in the news have left many consumers wondering how to be socially responsible...

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Walmart rolls out unlimited grocery delivery subscription
News 3 days ago
Walmart rolls out unlimited grocery delivery subscription

NEW YORK (AP) - Walmart is rolling out an unlimited grocery delivery subscription service this fall as it races to gain an advantage in the...

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This Week: Consumer borrowing, GameStop 2Q, retail sales
News 6 days ago
This Week: Consumer borrowing, GameStop 2Q, retail sales

A look at some of the key business events and economic indicators upcoming this week: JUST CHARGE IT The Federal Reserve issues new data Monday on...

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Nordstrom opens new store with services but no merchandise
News 1 week ago
Nordstrom opens new store with services but no merchandise

NEW YORK (AP) - Nordstrom opened a new store in Manhattan on Thursday - without any merchandise. Instead, the store offers services like tailoring...

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Long-term mortgage rates dip; 30-year at 3-year low of 3.49%
News 1 week ago
Long-term mortgage rates dip; 30-year at 3-year low of 3.49%

WASHINGTON (AP) - U. S. long-term mortgage rates fell this week, with the average on the key 30-year loan reaching its lowest point in nearly three...

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Average 30-year mortgage rates tick up to 3.58%
News 2 weeks ago
Average 30-year mortgage rates tick up to 3.58%

WASHINGTON (AP) - U. S. long-term mortgage rates ticked up slightly this week, yet they remain near historic lows. Mortgage buyer Freddie Mac said...

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Lord & Taylor sold for $100M to rental clothing company
News 2 weeks ago
Lord & Taylor sold for $100M to rental clothing company

NEW YORK (AP) — Lord & Taylor, one of the nation's oldest department stores, is being sold for $100 million to a rental clothing company. Le Tote...

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Long-term mortgage rates near historic lows: 30-year 3.55%
News 3 weeks ago
Long-term mortgage rates near historic lows: 30-year 3.55%

WASHINGTON (AP) - U. S. long-term mortgage rates are near historically low levels this week with the average on the benchmark 30-year loan falling...

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Business Highlights
News 3 weeks ago
Business Highlights

FRANKFURT, Germany (AP) - Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed...

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Ellison's home improvement at Lowe's is paying off
News 3 weeks ago
Ellison's home improvement at Lowe's is paying off

Lowe's blew past second quarter profit expectations, buoyed by strong demand for spring goods and sales to contractors. Even though the home...

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Solid earnings from major US retailers drive stocks higher
News 3 weeks ago
Solid earnings from major US retailers drive stocks higher

U. S. stocks marched broadly higher in midday trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers...

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No misfires from Target in second quarter and profits soar
News 3 weeks ago
No misfires from Target in second quarter and profits soar

NEW YORK (AP) - Target topped expectations in just about any way measureable during the second quarter as it pushes faster delivery and invests...

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Department stores make room for used fashion
News 3 weeks ago
Department stores make room for used fashion

NEW YORK (AP) - Out with the new and in with the old. As department stores watch their customers flock to second-hand stores, some are trying to...

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US housing starts fell 4% in July, driven by decline in apartment building construction
News 4 weeks ago
US housing starts fell 4% in July, driven by decline in apartment building construction

WASHINGTON (AP) — US housing starts fell 4% in July, driven by decline in apartment building construction....

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JCPenney halves losses, will begin selling used clothing
News 1 month ago
JCPenney halves losses, will begin selling used clothing

Shares of J. C. Penney surged after the ailing department store cut its quarterly losses in half and announced that it would begin selling used...

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US long-term mortgage rates stay near historic lows
News 1 month ago
US long-term mortgage rates stay near historic lows

WASHINGTON (AP) - U. S. long-term mortgage rates remained near historically low levels this week against a backdrop of volatile financial markets...

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US retail sales up solidly in a sign of consumer optimism
News 1 month ago
US retail sales up solidly in a sign of consumer optimism

WASHINGTON (AP) - Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a...

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Retailers wrestle with a volatile trade policy with China
News 1 month ago
Retailers wrestle with a volatile trade policy with China

NEW YORK (AP) - Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American...

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Retailers wrestle with a volatile trade policy with China
News 1 month ago
Retailers wrestle with a volatile trade policy with China

NEW YORK (AP) - Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American...

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WeWork reveals rapid growth and massive losses ahead of IPO
News 1 month ago
WeWork reveals rapid growth and massive losses ahead of IPO

NEW YORK (AP) - WeWork's parent company gave investors the most detailed look yet at its finances Wednesday, revealing breakneck growth on the back...

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Macy's sends ominous signal for retailers in 2Q
News 1 month ago
Macy's sends ominous signal for retailers in 2Q

NEW YORK (AP) - Macy's is lowering its annual earnings guidance after the department store struggled with a big earnings miss during the second...

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JC Penney warned that its stock could be thrown off NYSE
News 1 month ago
JC Penney warned that its stock could be thrown off NYSE

NEW YORK (AP) - J. C. Penney Co. says it has been warned that its stock could be removed from the New York Stock Exchange for trading below $1 for...

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US long-term mortgage rates fall sharply: 30-year at 3.60%
News 1 month ago
US long-term mortgage rates fall sharply: 30-year at 3.60%

WASHINGTON (AP) - U. S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November...

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Barneys New York files for Ch. 11 bankruptcy protection
News 1 month ago
Barneys New York files for Ch. 11 bankruptcy protection

NEW YORK (AP) - Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real...

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US adds a solid 164,000 jobs; unemployment rate stays 3.7%
News 1 month ago
US adds a solid 164,000 jobs; unemployment rate stays 3.7%

WASHINGTON (AP) - U. S. employers slowed their hiring in July but still added a solid 164,000 jobs to an economy that appears poised to extend its...

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Long-term mortgage rates flat to higher; 30-year at 3.75%
News 1 month ago
Long-term mortgage rates flat to higher; 30-year at 3.75%

WASHINGTON (AP) - U. S. long-term mortgage rates were flat to slightly higher this week, hovering around three-year lows after the Federal Reserve...

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