Welcome to moody Monday, with stocks wobbling and oil prices getting hit hard after a batch of downbeat data from China, alongside a surprise rate cut. Some say that the global growth engine’s economic issues belong in a different box from the rest of the world, owing to Cihna’s self-imposed slowdow

As COVID-19 cases surge in the United States, businesses say they fear a California court ruling has increased the likelihood that companies will be sued for infections, even by people who are not employees or customers. The Dec. 21 ruling allowed a wrongful death lawsuit to proceed against See's Ca

Walmart (NYSE:WMT) Inc said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its "in-home" grocery delivery service, its latest investment in its last-mile fulfillment network. The retailer, which said it has about 100 d

Low-earning workers are getting recruited at higher rates than other income brackets, which is pushing up wages and raising costs for businesses. The pandemic has played a major role in the move, as have supply-chain disruptions. But the bottom line is as demand rebounded in 2021, much of Corporate

Rivian Automotive Inc's stock briefly tumbled below its IPO price on Thursday in a selloff along with other electric vehicle makers as the race for market share intensifies and legacy companies ramp up their own production. Rivian fell as low as $75.13, below its November initial public offering pri

New York (CNN Business)Frustrated by extra credit card fees when you shop? A pair of bipartisan bills in Congress aim to lower the swipe fees, also known as interchange fees, that retailers pay every time a customer makes a purchase with their card. The effort is backed by retail giants including Wa

New York (CNN Business)One share of Google's parent company Alphabet is suddenly a lot more affordable for Main Street investors — following a massive stock split that took effect Monday. Alphabet (GOOGL) split its two classes of shares (GOOG) by a 20-to-1 margin, a move that reduced the price of on

U.S. stocks are seen opening in muted fashion Thursday, stabilizing after the previous session’s sharp selloff as investors digest the Federal Reserve’s increasingly hawkish stance. At 7 AM ET (1200 GMT), the Dow Futures contract was up 100 points, or 0.3%, S&P 500 Futures traded 2 points, or 0.

Amazon.com Inc (NASDAQ:AMZN) on Friday told workers they only have to isolate for a week after testing positive for COVID-19, instead of 10 days, following updated U.S. health guidance. The Omicron variant of the coronavirus has prompted a spike in cases in the United States and worker shortages at