Hoping to shed its reputation for offering little more than dead-end jobs, Wal-Mart, the nation's biggest private employer, is giving raises to nearly a half-million workers and offering what it says are more opportunities for advancement.
A judge has ruled that American Express violated U.S. antitrust laws by barring merchants from asking customers to prefer one credit card over another.
Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
Wal-Mart Stores Inc. reported a 12 percent increase in profit for the fourth quarter as sale for the critical holiday shopping season perked up amid lower gas prices and an improving economy.
Mortgage giant Freddie Mac posted net income of $227 million for the fourth quarter, down sharply from the same period of 2013, as it sustained losses on the investments it uses to hedge against swings in interest rates.
President Barack Obama's top economists say that even as the U.S. has managed to kick start a lasting and growing recovery, modest wage gains are far from making up for decades of paycheck stagnation for middle-class workers.
BevMo announced Wednesday that it will open its first Bakersfield store on Friday, Feb. 27.
Millennials are the fastest growing generation in the workforce today, and the emergence of generation "Y," born between 1980 and 1995, is changing the face of the modern business environment. Millennial experts Jason Dorsey and Adam Rogers join the morning show and discuss the growth of the newest segment of the workforce today.
An explosion erupted at an Exxon Mobil refinery on Wednesday, triggering a huge smokestack flare, raining down ash and leaving two with minor injuries.
The SunEdison Regulus Solar Project spans 737 acres and is expected to produce enough energy to power more than 10,000 homes, according to Bakersfield-based Dagny Energy Group.
U.S. wholesale prices fell by a record amount in January, led by the biggest drop in gasoline prices in six years.
U.S. homebuilders slowed the pace of construction in January, breaking ground on fewer single-family houses ahead of the spring buying season.
U.S. factory production edged up last month as manufacturers cranked out more computers, clothing and steel and other metals, offsetting declines in autos and aerospace.
Even though Americans spent $6.7 billion less at gas stations in January than they had two months earlier, the extra cash didn't get spent anywhere else: Retail sales, excluding gas, fell slightly from November to January.
Making good on its vow to seek new, non-gambling attractions, Atlantic City has redevelopment plans that include a giant Ferris wheel and zip line on the beachfront next to the Steel Pier, and restaurants, a rebuilt Boardwalk and an elevated walkway in its Inlet neighborhood.