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The US economy wasn’t supposed to expand this much — or even at all — after so many rate hikes. But against all odds, the economy…
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday.The core personal consumption expenditures price index, which…
Check out the companies making headlines before the bell. Amazon — Amazon’s stock surged 7% after the e-commerce giant reported strong third-quarter results and showed a…
It’s been one year to the day since Elon Musk completed his purchase of Twitter for $44 billion and set the company, along with its employees…
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore’s United Overseas Bank. But…
BEIJING — Chinese electric car company Xpeng said this week it plans to roll out driver-assist technology in Europe by the end of next year, and…
US pending home sales ticked up in September despite mortgage rates surging over 7%. In a surprise move, pending home sales rose 1.1% in September from…
Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations on strong sales of its blockbuster cancer drug Keytruda, HPV vaccine Gardasil and surprisingly,…
RIYADH — Saudi Arabia is holding on to its ultimatum that foreign companies will need to base their regional headquarters in the kingdom or be barred…
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Al…