Abercrombie & Fitch Co. reported a wider loss for its second quarter on Tuesday and said it's closing up to 60 stores in the United States as both U.S. and international sales fell.
Apple dragged down U.S. stocks after EU antitrust regulators ordered the company to pay about $14.5 billion in back taxes to the Irish government, but a gain in financial stocks limited the impact.
A gauge of U.S. consumer confidence rose to the highest level in nearly a year in August, suggesting that household spending will remain a key support for the economy.
The S&P CoreLogic Case-Shiller Indices, covering the entire nation, rose 5.1% in the 12 months ended in June, identical to the increase reported in May.
Seattle leaders have proposed new scheduling rules for hourly retail and food-service employees, including requiring employers to schedule shifts two weeks in advance and compensate workers for some last-minute changes.
France's trade chief says he wants to ask the European Union to end talks with the U.S. on forging a sweeping trade deal that his socialist government sees as too friendly to U.S. business.
For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their balance sheets.
The race between a small town on the Rio Grande in New Mexico and a Salt Lake City suburb to entice a new Facebook data center with millions of dollars in tax breaks and subsidies is raising questions about public investments in a booming cloud-computing economy that typically brings few local jobs.
A Pennsylvania drug company announced Monday that it has launched a clinical trial of a Zika vaccine in Puerto Rico, the part of the U.S. hardest hit by the mosquito-borne virus.
Wall Street snapped a three-day losing streak on Monday as financial stocks rose after Federal Reserve Chair Janet Yellen said the case for an interest rate hike had strengthened.
U.S. consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could allow the Federal Reserve to raise interest rates this year.
Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices.
Upstate New York continues to trail downstate as well as the nation as a whole when it comes to job growth following the economic downturn, according to a report released Friday by the state comptroller.
Business events and economic reports scheduled for the coming month: All times are Eastern.
More than 30 million children's wristbands distributed at McDonald's restaurants are being recalled because they can cause skin irritation or burns.
Weeks into the "Pokemon Go" craze, demand remains strong for "Poke Ball"-shaped treats made by a high-end doughnut company, one of many businesses and organizations coming up with creative ways to lure players in their search for the elusive "pocket monsters." Even on sweltering summer days, the popular smartphone game has gotten throngs of players out of their homes to real-world locations designated as "PokeStops" and "Gyms." Theme parks, bars and even a county animal shelter are among those trying to capitalize on that surge in foot traffic.
Mazda Motor Corp. is recalling more than 190,000 CX-7 sport utility vehicles because of a potentially dangerous steering control defect.
Former Obama economic advisor Austan Goolsbee says the Fed’s mistakes in its rate increase forecast thus far, along with incoming economic data, may cause Donald Trump to see a boost in the polls.
If the U.S. economy continues on the same path, a “serious discussion” about raising interest rates will be warranted at the FOMC’s September meeting, according to Atlanta Federal Reserve President Dennis Lockhart.
Federal Reserve Chair Janet Yellen says the Fed is moving toward raising interest rates in light of a solid job market and an improved outlook for the U.S. economy and inflation.