Business

U.S. consumer spending slowed in August, with a key retail sales gauge unexpectedly declining, as extended unemployment benefits were cut for millions of Americans, offering more evidence that the economic recovery from the COVID19 recession was faltering...

Moving the Banking Regulation (Amendment) Bill, 2020 in the Lok Sabha, Sitharaman said the government was compelled to come out with an ordinance during the lockdown period as the condition of the cooperative banks was "grave".

The current generation Honda Accord has been a class leader since it was introduced in 2018. It has garnered an Edmunds Top Rated award for the last two years, meaning it outranked all other midsize sedans. But there is a new challenger for the title: the...

Most Asian shares rose on Wednesday, extending a rally driven by upbeat Chinese and U.S. economic data, but investors showed little appetite for big bets as they awaited the Federal Reserve's view on the economy at its policy meeting.

Gold prices firmed on Wednesday supported by a weaker dollar, with investors awaiting the outcome of the Federal Reserve's policy meeting for details of the U.S. central bank's plans to balance interest rates against its inflation target.

GURGAON, India, Sept. 16, 2020 /PRNewswire/ -- Organizations that aim to hire this season are increasingly shifting to virtual campus placements as they face significant challenges with their traditional campus hiring schedules due to COVID-19, according...

More than a quarter of U.S. offshore oil and gas production was shut and export ports were closed on Tuesday as Hurricane Sally stalled just off the U.S. Gulf Coast, pelting the region with heavy rains.

Stocks that moved heavily or traded substantially Tuesday:

London judges have ruled that some of the world's biggest insurers were wrong to reject tens of thousands of claims from small firms battered by the COVID19 pandemic, Britain's Financial Conduct Authority (FCA) said on Tuesday.

Investors managing trillions in assets and more than 120 business leaders called on the European Union to commit to cut emissions by at least 55% by 2030 on Tuesday, saying anything less would fail to unlock the private financing needed.

Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep shortterm interest rates near zero for years to come.

Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew stronger while lumbering toward the central U.S. Gulf Coast, the second significant hurricane to shutter oil and gas activity over the last month.

An outbreak of African Swine Fever threatens to keep German pork locked in the European Union with China, South Korea and Japan all banning shipments, a major setback in an already challenging year for meat producers following COVID19 outbreaks at plants.

Asian shares looked set to open lower on Tuesday as investors shifted focus to upcoming data and central bank meetings although positive developments around potential COVID19 vaccines and increased deal activity are likely to stem losses.

Automaker Daimler AG and subsidiary MercedesBenz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Monday.

Gilead Sciences Inc will acquire biotech company Immunomedics Inc for $21 billion, a move that will strengthen its cancer portfolio by gaining access to a promising drug, the two companies said in a joint statement on Sunday.