Business

The S&P 500 briefly traded above its record closing high Wednesday, nearly erasing the last of the historic losses it took due to the coronavirus pandemic

Black small business owners — and small business owners of color in general — are particularly pessimistic about their enterprises surviving the coronavirus economy. That likely means continued divergence in small business fortunes along racial and ethnic lines.  Just last week, the Federal Reserve Bank of New York released a study h...

Walmart is partnering with Instacart to offer same-day delivery starting in a few U.S. markets, making it the latest major grocery chain to team up with Instacart in its fight against Amazon and Whole Foods. The partnership is currently in a pilot phase in four markets across California and Oklahoma. Walmart’s partnership c...

Shares are mostly lower in Asia after a late slide in big technology companies left indexes broadly lower on Wall Street, breaking a seven-day winning streak for the S&P 500

New Hampshire’s governor said New Yorkers are pouring into the state due to high taxes and fear for their safety amid the COVID-19 crisis.

Even as President Donald Trump pushes out a payroll tax holiday via executive order, there’s no guarantee workers will pocket any money. Congress has been hashing out the details of the next coronavirus relief package, and lawmakers on both sides of the aisle have been cool to the payroll tax cut idea. Payroll taxes are shared by workers and......

McDonald’s is suing Steve Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging he covered up relationships with other employees and destroyed evidence

Shares have advanced in Asia, extending another rally that took the S&P 500 to within striking distance of its all-time high set in February

Millions of Americans who’ve lost their jobs during the pandemic are living with uncertainty as experts warn the recovery depends on how fast the public health crisis is solved.

When the coronavirus pandemic forced restaurants to shut their dining rooms, many chains slimmed down their menus to make service smoother — and some of those changes may be permanent.  States and cities across the country are easing restrictions, but menus are unlikely to snap back to their pre-pandemic status. Bloated menus ca...

While some industries have heralded the third quarter as the beginning of a rebound from the financial devastation wraught by the coronavirus pandemic, the outlook is still dire for U.S. movie theater operators.  In recent days all of the major cinema chains released quarterly results that showed mounting losses as nearly 100% of revenue was w...

At a time when unemployment is high and a federal jobless benefit has just expired, one category of American workers has been largely overlooked: People who still have jobs but whose financial struggles have nevertheless escalated in the face of the pandemic

President Donald Trump has issued executive orders to revive an expired unemployment benefit and defer some payroll taxes, contending he must act because lawmakers have failed to agree on a new coronavirus relief package