Economics

GameStop shares hit a $483 high on Jan. 28. They closed at $60 on Monday.

The number of Americans filing new applications for unemployment benefits fell slightly last week as the labor market continued to tread water, but a drop in new COVID-19 cases has raised cautious optimism that momentum could pick up by the spring.

U.S. consumer prices rose moderately in January and underlying inflation remained benign as the pandemic continues to be a drag on the economy.

Companies and financial analysts use timely data to make better business decisions. It’s time for Washington to do it, too.

When Leondra Garrett wanted to stock up on three new pairs of shoes early last year, the North Carolina resident split a $161 online purchase into four installments through a "buy now, pay later" service, in what seemed like a convenient deal.

A pizza maker for 40 years, Fredi Bello has sold out of pizza daily this week and his autism foundation has raised more than $26,000

Economist and Michigan State University professor Lisa Cook has the backing of several key White House officials and allies outside the administration as a possible choice for President Joe Biden in filling a vacancy on the Federal Reserve Board of Governors, according to people familiar with the…

Disney Plus notched 94.9 million customers worldwide as of Jan. 2, 2021, continuing the streaming service's meteoric rise.

The business, which includes most Planters products and the Corn Nuts brand, contributed about $1.1 billion to Kraft Heinz's 2020 sales.

Just in time for the Lenten season Popeyes Louisiana Kitchen chain launched a new fish sandwich that's similar to its chicken sandwich.

The city of Detroit is targeting a crowd of investors that's rising in popularity during the pandemic to buy the bonds it's issuing to pay for blight removal efforts. Under Proposal N, approved by voters in November, Detroit is taking on debt to fuel the $250 million project and expects to…

LANSING — Gov. Gretchen Whitmer today will propose a $67 billion state budget that she said would aid Michigan's pandemic recovery by solidifying new programs to attend community college for free, expanding child care assistance and boosting local bridge repairs.The Democratic governor's…

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GM could take up to a $2 billion hit to pretax profits this year due to a chip shortfall, but will protect production of profitable pickups and SUVs.

Some important actions the Fed has taken include lowering the policy rate to near zero, increasing its purchases of Treasuries and mortgage-backed securities to stabilize those markets, and introducing emergency lending programs.

DoorDash is expanding its robotic footprint into the kitchen. The delivery service is set to acquire Chowbotics, a Bay Area-based robotics best known for its salad-making robot, Sally. TechCrunch has confirmed the acquisition, which was first noted by The Wall Street Journal. “We have long admired the work that Chowbotics has done to increase access […]

Another 275,000 women left the labor force in January.

Thirty-year bond yield rises to 2% on expectations that government support will fuel price rises

This interactive tool allows users to explore how various policies to increase the federal minimum wage would affect earnings, employment, family income, and poverty.

A look inside the pricing playbooks used by dozens of unicorn companies with Pete Flint and Madhavan Ramanujam.

Supermarket chain Kroger Co said on Friday it would give $100 to workers who get a COVID-19 vaccination, joining a growing list of U.S. retailers incentivizing employees to get inoculated against the novel coronavirus as soon as possible.

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