Business News

Among the unrest across the country this week over the disturbing video showing a Minneapolis police officer kneeling on George Floyd’s neck was the looting of Target stores.

The coronavirus crisis has Americans hoarding more money than ever before as widespread fear paralyzes consumer spending habits. The swiftness and severity of economic recovery in the U.S. hinges on whether consumers continue to stockpile cash or start to spend again.  The personal savings rate hit a historic 33% in April, the U.S. Bureau of E...

Dallas-Fort Worth is better prepared to withstand the current economic downturn, with respect to the announced impending closures of several major retail stores, than perhaps any other major metro area in the country, according to a leading retail industry source.

The stock market erased an early drop and ended mixed, capping a strong week and month

Some Americans may be unwittingly throwing their long-awaited stimulus check in the trash. That’s because, starting last week, the Treasury Department and the IRS started sending out economic impact payments in regular white envelopes that could be confused for junk mail. While some people have already received their payment as a di...

Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the Securities and Exchange Commission on Thursday.

American Airlines plans to cut a large part of its workforce as the global aviation industry struggles to cope with a near-total halt to travel amid the COVID-19 pandemic.

A Hollywood aviation management company is sharing the benefits of a taxpayer-financed loan with its private jet-owning clients after it won the loan through the federal Paycheck Protection Program, according to three clients and a copy of a letter announcing the plan.

Restaurants across the globe are beginning to reopen, but since coronavirus cases are still being confirmed daily, many eateries are using unique concepts to encourage social distancing among customers and employees.

Tens of millions of Americans have lost their jobs during the coronavirus pandemic, of that there is no doubt. But when you try to pinpoint precisely how many tens of millions, that’s where things can get a little bit complicated. Here’s how to make sense of the latest eye-popping numbers. Q: I see headlines saying more than 40 million....

The U.S. government is set to sketch its latest picture of the layoffs that have left tens of millions of people unemployed but have slowed as states increasingly allow businesses to reopen

Shares are mostly lower in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions

The United States leads the world in both coronavirus cases and fatalities. And on Wednesday, it reached another grim milestone as the nationwide death toll surpassed 100,000, according to NBC News’ tally.