Congress needs to finance highway and transit projects but can’t agree on how. The traditional revenue source is the gas tax. Gas prices are at their lowest levels in years and dropping. Consumers would barely notice if they had to pay a bit more now at the pump. But a gas tax hike won't happen.
Macy's reported a 23 percent increase in its fiscal third quarter but cut its annual profit outlook because of a sales shortfall in the period. Macy's is the first of the major retailers to report Q3 results, which should provide a glimpse into shoppers' mindset as the retail industry gears up for the critical holiday shopping season.
General Motors scrambled to secure repair parts in the months leading up to the ignition switch recall announcement this past spring -- months during which the company could've alerted owners of the problem. GM's internal, highly bureaucratic structure is largely to blame.
US British and Swiss regulators have fined five global banks $3.4 billion for attempting to manipulate foreign exchange markets — the latest penalties for an industry previously criticized for their role in triggering the global financial crisis. The Justice Department is conducting their own investigations and further penalties are possible.
Black Friday proved a nightmare for Target last year, so the retailer is hoping to lure shoppers back with a strong selection of deals. Among Target's best Black Friday deals are record breaking deals on TVs and a never-before-seen sale on gift cards.
A Chick-fil-A restaurant manager apparently posted a list of words employees must no longer use in the workplace. Some experts say he's on the right track.
Warren Buffett's Berkshire Hathaway said it would buy Procter and Gamble's Duracell battery business in exchange for its entire $4.7 billion stake in the household products maker. Buffet said in a statement that he's always been 'impressed' by Duracell, and shares of P&G fell 1 percent in early trading.
Chinese children arrive for a rehearsal for a welcome ceremony for visiting US President Barack Obama at the Great Hall of the People in Beijing.
Mortgage rates for a 30-year fixed rate loan fell to 4.08 percent since last week, the lowest in nearly a year and a half. In addition to falling mortgage rates, the the purchase application volume decreased 1 percent and the refinance application volume increased 11 percent over the same period.
General Motors scrambled to secure repair parts in the months leading up to the ignition switch recall announcement this past spring -- months during which the company could've alerted owners of the problem. GM's internal, highly bureaucratic structure is largely to blame.
Wal-Mart is one of many retailers to offer some form of price-matching during Black Friday sales. Here's a guide to understanding price matching, including some breakdowns of the Black Friday price matching policies for Wal-Mart, Target, and other retailers.
The economy added 214,000 jobs in October, ticking the unemployment rate down to 5.8 percent – a new six-year low. Many of the supporting figures in the October jobs report, including a dip in long-term unemployment and a small increase in labor participation, were also cause for optimism.
Congress needs to finance highway and transit projects but can’t agree on how. The traditional revenue source is the gas tax. Gas prices are at their lowest levels in years and dropping. Consumers would barely notice if they had to pay a bit more now at the pump. But a gas tax hike won't happen.
If you want a single reason for why Democrats lost big on Election Day 2014 it’s this: Median household income continues to drop, and this is the first 'recovery' in memory in which this has happened.
This Veteran’s Day, Food Tank brings you 21 organizations from around the world that are working to help veterans heal their wounds through farming and agriculture.