Economy

The Federal Aviation Administration announced Wednesday that it is giving Boeing has 90 days to develop a comprehensive action plan that will address "systemic quality-control issues."

A key measure of home-purchase application plummeted more than 5% last week as mortgage rates continued to hover over 7%, crushing demand among buyers.

GDP increased at a 3.2% annualized rate last quarter, revised slightly down from the previously reported 3.3% pace, the Commerce Department's Bureau of Economic Analysis said.

Florida and Texas are the top destinations in the country for entrepreneurs looking to start a new business, according to a study published by Simplify.

FTX founder Sam Bankman-Fried's lawyer on Tuesday requested that a judge give a lenient sentence, arguing that FTX's clients would have most of their funds returned.

The Mega Millions jackpot sits at an estimated $607 million with a one-time cash option of $286.9 million after no tickets matched all six winning numbers in Tuesday's drawing.

Consumers are adopting new strategies to stretch their food bugets in sometimes unique ways amid high prices at grocery stores across the country.

Kellogg is facing backlash for suggesting consumers eat cereal for dinner. The messaging comes as the cost of food is taking a huge bite out of consumers' budgets.

U.S. home prices continued to march higher in December, according to new S&P data, as would-be homebuyers compete for a limited number of homes for sale.

JPMorgan Chase strategists warned in a note to clients that the U.S. economy faces heightened risk of returning to a 1970s-style stagflation scenario.

Expedia Group is planning to cut about 1,500 jobs and reduce the size of its workforce by about 8% as it continues a restructuring effort after undergoing a technical overhaul.