U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.
Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.
The House voted Friday to make permanent a temporary tax break that makes it easier for businesses to invest in new equipment, one of many expired tax breaks that Congress must deal with by the end of the year.
The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation's oldest and biggest tobacco companies.
The euphoria that greeted a January reform that lets Cubans buy vehicles from the government without a special permit for the first time in decades turned to anger when the prices were posted.
Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.
More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing.
Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.
Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels.
U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales.
Matt Ouimet has spent his first two years as chief executive of Cedar Fair Entertainment Co. making sure that the chain's 11 amusement parks across the country have plenty of attractions for all ages.
Pamela Prince-Eason isn't letting women business owners off the hook - if they want more contracts with big corporations or the government, they have to work harder to get them than they do now.
China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.
American Apparel Inc. has reached a preliminary deal with investment firm Standard General to receive a $25 million investment to bolster the clothing chain's finances, a person close to the negotiations said Wednesday.
U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.