Industries

With lending conditions "tight" and consumer temperature on inflation concerns still hot, Bank of America Chairman and CEO Brian Moynihan reveals timing of an economic slowdown.

Tesla CEO Elon Musk said that he wants to temper expectations about the EV-maker's Cybertruck because it will take time to scale production at volume while considering cash flow.

An heir to the Estée Lauder cosmetics empire has informed the University of Pennsylvania that he is "reexamining" his financial support for the school over antisemitism concerns.

Costco Wholesale Corp. said CEO Craig Jelinek will step down after more than a decade at the helm of the wholesaler on Jan. 1. COO Ron Vachris has been tapped to lead the company.

Major retailers already started gearing up for the holiday season by announcing hiring plans. The companies are trying to ensure there is a robust workforce to handle the rush.

Retail and grocery chains Walmart and Aldi are cutting the cost of a Thanksgiving meal again in an effort to offer customers some reprieve from persisting inflation.

Lululemon was selected to be added into the S&P 500, the broadest measure of the U.S. stock market, in a move that historically has been a bonus for shareholders.

Walmart CEO Doug McMillon said the company's philanthropic arm is donating to the Holocaust Memorial Museum in response to the growing number of antisemitic speech and hate crimes.

Dodge and Chrysler owner Stellantis on Tuesday announced the automaker will no longer be presenting at CES 2024 in Las Vegas, blaming the ongoing United Auto Workers strike.

The National Highway Traffic Safety Administration is requiring Zipcar to pay hundreds of thousands of dollars for letting users rent cars with open recalls.

Instacart has revealed the best zip codes for trick-or-treating across the country. The results were determined by analyzing Halloween purchases. Did your neighborhood make the list?

LSU women's basketball star Angel Reese landed an name, image and likeness deal with Reebok as Shaquille O'Neal's first decision as president of the brand's basketball division.

Retail sales rose more than expected in September as consumers continued to open their wallets and spend, even as they confronted an uptick in inflation.

The FBI said Monday motor vehicle thefts posted a double-digit jump year-over-year in 2022. Separate reports show what what types of cars are often stolen.

The Biden administration is moving to lift energy sanctions implemented by the Trump administration on Venezuela in exchange for freer elections.

Best Buy customers apparently will soon no longer have the ability to purchase DVDs or Blu-ray discs from the retailer. That's happening in 2024, according to reports.