U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according to Bank of America CEO Brian Moynihan. Whether it’s households or small- to medium-sized businesses, Bank of America clients are slowing down the rate of purchases made for everything from hard goods to…
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would…
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and…
A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of…
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags.…
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream…
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s…
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and…
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate…