U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.
The Abercrombie & Fitch logo has lost the power it once wielded. Shares of Abercrombie & Fitch Co. tumbled Thursday after reporting weak sales as more teens shop elsewhere.
Small businesses and consumers in California are concerned about what they are calling a "hidden gas tax" that could take effect in 2015.
California lawmakers and Gov. Jerry Brown say they have reached a deal that would offer $330 million a year in tax credits for Hollywood film productions over five years.
The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year.
Women still have a hard time getting small business loans. Sen. Maria Cantwell is determined to close the gap.
European budget carrier Ryanair is offering business-class tickets in an attempt to woo companies and governments during penny-pinching times.
General Motors is moving production of the next-generation Cadillac SRX crossover SUV from Mexico to a factory in Spring Hill, Tennessee.
Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers.
U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.
U.S. home prices increased at a slower pace in June - a cooldown that could continue for several more months.
Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.
Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft, which tends to fluctuate sharply from month to month. Outside of transportation, orders dipped.
Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, a move that creates the world's third-largest fast-food company and could accelerate the international expansion of the Canadian coffee and doughnut chain.
A local business owner is upset that her landlord was unwilling to pay for mold damage in bathrooms of her perspective location.