More inventory hitting the market was expected to drive sales. Instead, existing home sales suggest a continued slump in the housing market, with mortgage rates hurting affordability.
Makers of our food and home essentials, including Pepsi and Procter & Gamble, are cutting their financial forecasts for the year and predicting lower sales or profits than before.
Billy McFarland says he will sell the brand "to an operator that can fully realize its vision." The news comes days after the postponement of Fyre Festival 2, which was scheduled for late May.
Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are fading amid fears of a recession.
The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." Here's how to know — and what to do — if you'll be affected.
A nearly 30-year-old legal case looms large over the U.S. government's antitrust case against Google. A judge is hearing arguments to decide the penalties to levy against the search giant.
A dozen states have sued the Trump administration in the U.S. Court of International Trade to stop its tariff policy, challenging Trump's claim that he could arbitrarily impose tariffs based on the International Emergency Economic Powers Act.
European Union watchdogs fined Apple and Facebook's parent company hundreds of millions of euros as they stepped up enforcement of the 27-nation bloc's digital competition rules.
Elon Musk says he'll cut back his work with the federal government to one to two days per week. He said demand for Teslas is still strong, despite protests and plunging sales.
A lawsuit alleges the Trump administration violated the free-speech rights of nonprofits and municipalities that have had federal funding for climate and environmental projects frozen or cancelled.
A jury concluded that The New York Times did not libel former Alaska Gov. Sarah Palin, who had argued that an error in a 2017 Times editorial damaged her reputation.
