Foreign holdings of U.S. Treasury securities rose to a record level in December despite investors in China and Japan, the two biggest foreign owners of Treasury debt, cutting back on their holdings.
Tensions between the emerging craft beer industry and one of the world's largest brewers have erupted into a regulatory fight about who can distribute beer in Kentucky.
A Food and Drug Administration panel is planning to review smokeless tobacco maker Swedish Match's request to certify its General-branded pouches of tobacco as less harmful than cigarettes.
One out of every three new vehicles Americans bought last year was an SUV, according to Kelley Blue Book. SUV sales rose 12 percent to more than 5.5 million. That was double the pace of the industry as a whole.
December U.S. cutting tool consumption totaled $168.2 million. This total was up 7.2% from November’s total and up 20.3% from December 2013.
A General Motors stockholder representing four investment funds has told the company he'll seek a seat on its board at the annual meeting this summer and will push for an $8 billion stock buyback to take place by next year.
Institute of International Finance's George Abed and Bloomberg Intelligence's Carl Riccadonna discuss the outlook for oil prices and production.
J. M. Smucker Co. said Tuesday that it is buying pet food maker Big Heart Pet Brands in a $3.2 billion cash-and-stock deal, giving it a presence in the fast-growing $21 billion pet food industry.
U.S. consumers are more optimistic about the economy than at any other time in the past eight years, buoyed by more jobs and falling gas prices, a survey finds.
U.S. factory orders for long-lasting manufactured goods slumped in November, largely due to falling demand in the military and defense sectors.
The U.S. economy grew at a sizzling 5 percent annual rate in the July-September period, the fastest in more than a decade, on the strength of consumer spending and business investment.
Unilever gobbled up the two soap brands for an undisclosed amount. A transfer of a manufacturing facility in Mexico is also part of the deal.
Detroit-based Ally Financial, formerly GMAC Inc., said that the Treasury Department is selling its remaining 54.9 million shares. That amounts to about an 11 percent stake in the company.
Obama ticked off the year's improvements, citing lower unemployment, a rising number of Americans covered by health insurance and a historic diplomatic opening with Cuba, as well as his executive action on climate change.
Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months.
July U.S. cutting tool consumption totaled $170 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology.
July U.S. manufacturing technology orders totaled $354.63 million according to The Association For Manufacturing Technology. This total was down 11.5 percent from June and down 1.4 percent when compared with the total of $359.70 million reported for July 2013.
Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Executives at Kraft Foods, which owns Jell-O, say they're confident they can revitalize the brand. But their efforts so far have been a disappointment.
A gauge designed to predict the economy's future health posted the sharpest advance in four months in July, indicating the economy is gaining traction headed into the last half of the year.
In a business where patience is part of the process, Kentucky bourbon makers are making a big bet by stashing away their largest stockpiles in more than a generation.
An expansive survey of economic activity across the U.S. offers an endorsement of the strength of the Michigan recovery and a boost for the promising prospects for the state’s continual business growth.
Here's a look at the strengths and weaknesses of the U.S economy and others, and why the calm in markets may or may not last.
U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.