Business News

Goldman Sachs wants to bury the hatchet with its rank and file. The Wall Street giant, which historically has fired about 5 percent of its workforce annually to shake out laggard bankers, plans to sharply shrink that num...

Oil futures traded higher Friday, attempting to claw back some of Thursday's loss, as commodity investors aimed to cap an otherwise strong recovery this week from fears of demand shocks due to the omicron variant of COVI...

From better automation to robotics, the next year is filled with promise. Here are some of the top predicted transformations in 2022.

Oracle's quarterly results beat forecasts; Nubank was extending gains after its IPO.

A loss of momentum in oil markets has prompted investors and traders to dial down bets on how fast inflation will run in the coming years.

Epic Games showed off the realism of Unreal Engine 5 realism with The Matrix Awakens demo amid a huge computer-generated city.

Shun Tak Holdings--controlled by Hong Kong casino billionaire Pansy Ho--is buying a prime residential site near Singapore's Orchard Road shopping belt for S$557 million ($408 million), as the developer steps up investmen...

The development at Google comes amid a labor crisis, with the average American worker set to receive their largest one-year pay increment since 2008.

Elon Musk resumed his Tesla Inc. stock selloff Thursday, cashing in nearly $1 billion.

Patience, concentration and courage have allowed Wilmot Kidd to rack up one of the greatest long-term track records in the history of investing. He's a model for how to think about, and practice, intelligent investing.

The leading U.K. stock market index nudged higher Friday to end what's been a positive week.

The cost of living climbed again in November and drove the rate of inflation to nearly 40-year of 6.8%, putting more pressure on households as they confront rising prices of gas, food, cars, rent and so forth.

What is undeniable is that the U.S. consumer has built up an extraordinary amount of wealth. What's unclear is where things go from there.

Ahana, which commercializes the open source Presto SQL query engine, has announced a new cloud integration with AWS Lake Formation.

New research suggests your boss may see it as a sign of competence.

The CEOs of Best Buy, Target, CVS and Dollar General were among the 20 executives to sign on to the letter, which was sent Thursday to Reps.

Royal Caribbean stock (NYSE: RCL), the second-largest cruise line operator, has seen its stock trail the market this year rising by just about 7% year-to-date, compared to the S&P 500 which remains up by around 27%. Whil...

The Korean shaft maker bent on helping golfers swing easier and go longer claims their products do some of the hard work for golfers.

New threats are emerging with many seeing China as the next American adversary. The Chinese military has several weapon systems that match or exceed American capabilities. As such, the US Army needs new capabilities to c...

Etsy's stock declined by 9% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by 0.05% over the same period. The online retailer saw its stock rise after strong Q3 2021 results in early No...

The currency has soared to multiyear highs against the dollar, reflecting strong demand for China's exports and its financial assets.

China's shaky economy, and teetering property giants like Evergrande, are shaping up as major concerns for 2022. A full-scale meltdown may be avoided, however--if only just.