Inflation gauge still too hot in March
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cu…
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cu…
DETROIT -- The U.S. government's auto safety agency is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure dri…
NEW YORK -- The best week for U.S. stocks since November closed out with more gains thanks to Alphabet and Microsoft on Friday.
NEW YORK -- JPMorgan Chase CEO Jamie Dimon says he's hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn't rule out mor…
WASHINGTON -- Growth in the nation's economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers -- the main dr…
The Federal Communications Commission voted 3-2 Thursday to put the internet back under "net neutrality" regulation, reprising Obama-era rules that prohibit se…
WASHINGTON -- Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday by the Environmental Protection…
Southwest Airlines Co. is slowing growth, ending service at four airports and offering voluntary leaves to address "significant challenges" stemming from reduc…
NEW YORK -- Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sha…
OMAHA, Neb. -- Union Pacific's first-quarter profit crept 1% higher as the railroad tightened up on expenses -- particularly its fuel bill -- even though it de…
LOS ANGELES -- The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's…
Whirlpool Corp., the owner of the Maytag and Amana appliance brands, is cutting about 1,000 salaried positions worldwide to reduce costs as slow U.S. home sale…
The nation's economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spendi…
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it fa…
The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better dis…