Tag Archives: business

WASHINGTON - U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an economy struggling under the weight of a still out-of-control...

NEW YORK - ABC News President James Goldston said Thursday that he will leave the network at the end of March, after seven years of leading the news division. The low-profile Goldston leaves at a time...

General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that. The Detroit ...

LOUISVILLE, Ky. - American whiskey absorbed some setbacks but showed resilience in the face of pandemic-related clampdowns on bars and restaurants as liquor sales benefited from enduring demand for a ...

SILVER SPRING, Md. - Sales of new homes rose 1.6% in December after a big decline in November that was even worse than previously thought. The increase last month pushed sales of new homes to a season...

WASHINGTON - Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. For 2020 as a wh...

WASHINGTON - Chair Jerome Powell said Wednesday that the Federal Reserve will keep pursuing its low-interest rate policies until an economic recovery is well underway, acknowledging that the economy h...

DETROIT - In about three years, Navistar plans to start selling low-emission hydrogen-powered heavy trucks under a partnership with General Motors and a small distribution company called OneH2. The ve...

WASHINGTON - Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business inv...

BRUSSELS - The European Union and drugmaker AstraZeneca sparred Wednesday over a delay in coronavirus vaccine deliveries amid a deepening dispute that raises concerns about international competition f...