Business

A construction boom in the U.S. has resulted in lower rents and other benefits for renters. Record-construction activity since the pandemic has increased the supply of empty units, meaning more inventory is available for renters. More multi-family …

Wall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol …

As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly 60% of Americans wrongly think the U.S. is currently in a recession, according to a June survey …

Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of those transformations may catch shoppers by surprise. The retailer said in late February that …

Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to a New York Federal Reserve report Monday that showed the three-year outlook at a new …

Shares in Trump Media and Technology Group fell slightly more than 5% on Monday after the company reported scant revenues and a net loss in its first full quarter as a public company. Meanwhile, Donald …

Ford and Mazda have issued do-not-drive warnings covering more than 457,000 vehicles that contain recalled Takata airbags. According to a release posted on the National Highway Traffic Safety Administration’s website, Ford’s warning covers 374,290 model …

Coach Prime wants consumers to know they can watch DirecTV without a satellite dish.  The company best known for providing the traditional TV bundle through satellite dishes posted on the sides of houses and on …

JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a broader plan to inject the technology throughout the sprawling financial giant. …

Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well …