The American working class lost a shocking amount of wealth in recent decades as wages stagnated. Despite campaign promises, making up that lost ground will be no easy feat.
NEW YORK (AP) — Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low.
DUBAI, United Arab Emirates (AP) — The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project.
Hydro Flask is a small company that went big, quickly.
President Donald Trump's administration is working to dismantle a complex set of financial rules including the "fiduciary rule," which requires certain financial professionals to act in their clients' best interests when providing retirement advice.
NEW YORK (AP) — Citigroup's board of directors is awarding CEO Michael Corbat a pay package worth $15.5 million for 2016, down from $16.5 million in 2015.
NEW YORK (AP) — Kraft Heinz is attempting to buy Unilever in a $143 billion deal that would join the U.S. maker of cheeses and lunch meats with the European producer of mayo, teas and seasonings in a global powerhouse.
NEW YORK (AP) — Bank of America CEO Brian Moynihan is getting a big pay raise this year.
Stock indexes inched ahead to record highs Friday, barely, after a late-afternoon push erased losses from earlier in the day. It caps the fourth straight week of gains for the Standard & Poor's 500 index, its longest such streak since July.
NEW YORK (AP) — Stock indexes inched ahead to record highs Friday, barely, after a late-afternoon push erased losses from earlier in the day. It caps the fourth straight week of gains for the Standard & Poor's 500 index, its longest such streak since July.
Aetna is doubling the quarterly dividend it pays shareholders and buying back stock as it regroups from its failed attempt to acquire rival health insurer Humana.
NEW YORK (AP) — The latest on developments in financial markets (All times local):
BMW is recalling 622,000 SUVs worldwide because the child seat anchors may become damaged and won't hold the seat properly.
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 751.
NEW YORK (AP) — U.S. food giant Kraft Heinz Co. said that its bid to acquire Europe's Unilever had been rejected, but that it would still try to hammer out a deal. Here's a look at the companies and some of the many brands they own.
NEW YORK (AP) — Customers are still turning their backs on Wells Fargo after a scandal over sales practices, with the bank saying Friday the number of new checking accounts people opened was down 31 percent in January from a year earlier.
NEW YORK (AP) — Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter.
Delta is bringing free meals back to economy class on some long U.S. flights after dropping them years ago to save money.
WASHINGTON (AP) — Donald Trump is moving quickly to dismantle seven decades of American policy built on trade deals and multinational alliances that help fuel the U.S. and global economies.
DETROIT (AP) — The United Auto Workers union is preparing an ad campaign that urges consumers to buy U.S.-made cars and trucks as it tries to tap into President Donald Trump's efforts to rebuild the country's manufacturing sector.
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
NEW YORK (AP) — Shares in Avon Products plunged 20 percent as sales at the cosmetics company continued a long slide and the number of people selling them declined.
NEW YORK (AP) — Freddie Mac said Thursday that it will pay the U.S. Treasury a dividend of $4.5 billion next month after its profit more than doubled in the last quarter.
WASHINGTON (AP) — U.S. builders broke ground on fewer homes last month, led by a drop in apartment construction.