The CEO of retailer Party City, which operates more than 700 company-owned and franchise stores across North America, says the company is going out of business, CNN reported Friday,

The Personal Consumption Expenditures index climbed by 0.1% in November on a month-over-month basis, the Bureau of Economic Analysis said in a statement Friday.

Unionized Starbucks baristas in Chicago, Los Angeles and Seattle were set to go on strike Friday, covering 525 locations through Christmas Eve to highlight stalled negotiations.

Big Lots, known for blow out sales, rock bottom prices and warehouse store shelves stocked with every conceivable knick-knack, is now planning for the biggest sale ever; it's own.

Federal Reserve Chairman Jerome Powell on Wednesday announced a 0.25% reduction in the Fed's lending rate, but the Dow posted a 10th straight day of losses.

Japanese automakers Honda and Nissan said on Wednesday that it is considering a merger that would create one of the world's largest car manufacturers.

In a political win for the Biden administration, the Federal Trade Commission on Tuesday approved its final policy rule to ban so-called junk fees for tickets and hotels.

The federal government announced a new rule which further clarifies who may apply for a H-1B work visa to make attracting international talent less complicated.

President-elect Donald Trump announced Monday that a Japanese tech conglomerate will make a multi-billion dollar investment in the U.S. and claimed it will create scores of new jobs in artificial intelligence tech.

OpenAI has launched Sora, a new video tool powered by artificial intelligence technology that has generated controversy in recent months.

Elon Musk shared that the Security and Exchange Commission issued a "settlement demand" in a long-running probe of his purchase of the social media platform now known as X.

A Chinese businessman with close links to Prince Andrew, Duke of York, has had his appeal against being barred from Britain on national security grounds denied.

Wars raged on in the Middle East and Ukraine in 2024, while the United States navigated an election of unprecedented stakes and a major airplane manufacturer became embroiled in investigations over safety.

The State Department is offering $5 million for information on 14 North Korean nationals indicted Thursday in a scheme using IT workers with false identities to work for U.S. companies.

Meta, which once banned Donald Trump from its Facebook platform, confirmed this week that it donated $1 million to the president-elect's inaugural fund.

Apple released new software updates Wednesday for its newest versions of iPhone, iPad and Mac that will integrate OpenAI's ChatGPT with Siri, the company announced Wednesday.

Experts now say that losses to online gambling in the United States will surpass $1 trillion in the next few years at the expense of American consumers, according to new information.

The outgoing president and first lady on Wednesday hosted the first-ever conference on Women's Health Research, according to the White House.

General Motors said on Tuesday it will no longer individually fund its Cruise autonomous robotaxi division, instead folding it into its broader tech team.

Retail giant Macy's said on Wednesday said it concluded an independent investigation into an employee who purposely hid $151 million in delivery expenses over nearly three years, forcing it to revise its historical finan