United States Business News in English

This is the retailer’s second bankruptcy in less than two years. It will offer “going out of business” sales as stores close.

The Teamsters union announced late Friday that warehouse workers at a massive Amazon sorting and distribution center in Staten Island, New York, have joined the thousands of union members who began a strike this week against the online retail giant.

A union representing workers at over 500 stores is closing in on a deal with the coffee chain, but the two sides are at odds over pay.

The US Senate passed a bipartisan bill early Saturday to increase Social Security benefits for close to 3 million federal, state and local public sector workers, which includes firemen, policemen and teachers.

French baker Arnaud Delmontel bakes butter croissants in Paris, Dec. 16, 2024. French baker Arnaud Delmontel talks about butter, its price and quality in his bakery in Paris, Dec. 16, 2024.

Breastfeeding is hard. These companies are trying to help.

Lower-income Americans still struggling after years of high inflation and elevated interest rates could face a new battle if President-elect Donald Trump reignites inflation with his economic policies.

This Christmas Eve, one lucky lottery ticket could celebrate with a Mega Millions jackpot nearing $1 billion – the largest prize ever offered in the month of December.

Messaging service WhatsApp claimed a major legal victory over Israeli spyware firm NSO Group on Friday after a federal judge ruled that NSO was liable under federal and California law for a 2019 hacking spree that breached over 1,000 WhatsApp users.

The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment system, “for allowing fraud to fester” on that network.

Look, fam. Let’s just acknowledge things are kinda crappy.

While shoppers rush to find the perfect holiday gift, the real treasure might just be hidden in one lucky lottery ticket. Tonight’s Mega Millions drawing could yield a jackpot nearing $1 billion,

Musk, the billionaire Trump ally who is playing a public role in the incoming administration, posted in support Friday of Alternative for Germany, or AfD, after the German government collapsed this week.

Party City is closing down all of its stores, ending nearly 40 years in business, CNN has learned.

The union said the walkouts hit facilities in New York, California, Georgia and Illinois less than a week before Christmas.

The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.

Members of Starbucks Workers United staged their first strike in 13 months Friday and plan an escalating strike between now and Christmas Eve in what would become the union’s largest work stoppage since the organizing campaign started at the coffee retailer three years ago.

President-elect Donald Trump doubled down on his tariff threats Thursday night, pledging to raise tariffs on European Union nations unless they increase their purchases of American oil and gas to narrow the trade gap with the United States.

Chili’s, the 49-year casual dining chain that American diners forgot and Wall Street turned its back on, has made a stunning comeback. It’s America’s hottest restaurant chain, a sentence that hasn’t been uttered since NYSNC sang its baby back ribs jingle in a late 1990s commercial.

Since the election, it’s been Christmas morning for the crypto faithful.

The workers’ union representing more than 10,000 Starbucks baristas said that union members will go on strike in Los Angeles, Chicago and Seattle on Friday morning.

Veteran Fox News anchor Neil Cavuto, one of the network’s longest-serving hosts who became a frequent target of President-elect Donald Trump, is leaving the network after nearly three decades on the air.

Mr. Murdoch’s appeal over whether he can consolidate his son Lachlan’s power over his media empire is due just before Christmas.

The press freedom group Reporters Without Borders is urging Apple to remove its newly introduced artificial intelligence feature that summarizes news stories after it produced a false headline from the BBC.

Musk’s unprecedented online influence appeared to fully torpedo the government spending bill in a way no Republican lawmaker could have done from inside Capitol Hill.

On the day after Easter 2023, Dana Mitchell went to work, grabbed a coffee and walked to the conference room for the regular Monday morning meeting. She was talking to a co-worker about his tan from a vacation.

FILE - A person works at the Amazon warehouse, busy on Prime Day, in Melville, New York, July 11, 2023.

Members of the Teamsters union went on strike at against Amazon early Thursday in a labor action set to spread to six facilities in four states coast to coast.

The Federal Reserve has now cut its key overnight lending rate three times in a row this year. And the effect has been a mixed bag for consumers.

When a CNN journalist called 1-800-CHATGPT, a female voice on the other end was able to provide a recipe for a chocolate chip cookie and recite a paragraph summarizing the Civil War. But it did not seem to be open to personal conversations.

Traditional crafts are an important part of Uzbekistan’s identity. Now some young Uzbeks are selling handicrafts, from textiles to ceramics, on Etsy, Instagram and eBay.

The US Department of Justice announced a lawsuit on Wednesday accusing pharmacy chain CVS of filling illegal opioid prescriptions and billing federal health insurance programs, contributing to a nationwide epidemic of opioid addiction and overdose.

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for borrowers, the central bank also projected that it will loosen rates less next year than previously expected.

The last time the Dow fell for 10 days in a row, Gerald Ford was president. But the Dow on Wednesday is in danger of matching that dubious 50-year milestone.

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September.

Poland is selling up to 1,000 metric tons (1,102 tons) of its frozen butter reserves to bring down surging prices ahead of presidential elections in May.

FILE - A workers carries a bag of Syrian currency notes to Syrian central bank, after the ousting of Syria's Bashar al-Assad, in Damascus, Dec. 16, 2024.

KFC’s “finger lickin’ good” slogan usually refers to chicken, but it’s taking on different meaning at its newest location.

At 84 years old, Evelyn Paternostro spends her days working part time as a cashier at Dollar Tree. For decades, she dedicated her life to education, serving as a teacher and principal in Louisiana. But despite years of her public service, she now struggles to make ends meet.

In the three years that Express was sliding into bankruptcy, its CEO at the time was taking advantage of “chartered aircraft for personal purposes,” according to the Securities and Exchange Commission.

President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.

Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release.

Honda and Nissan are discussing a possible merger, bringing together two Japanese automaking titans that have recently fallen on hard times.

Google is trying new ways for people to play with artificial intelligence.

The Federal Trade Commission announced a final rule banning ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday.

FILE - This image is released on Friday, Dec. 2, 2016, as it is announced that the city of Yokohama is a winner of the C40 Awards 2016 for its efforts to tackle climate change, in the Clean Energy Category. (Tomohiro Ohsumi/AP Images for C40)

Drugmakers including Purdue Pharma paid pharmacy benefit managers not to restrict painkiller prescriptions, a New York Times investigation found.

President-elect Donald Trump is escalating his legal campaign against media outlets by suing renowned pollster J. Ann Selzer, her polling firm, The Des Moines Register newspaper and its parent company Gannett.

The world’s most famous market indicator is at risk of suffering its longest losing streak since Jimmy Carter was in the White House.