It's official: Amazon is bigger than Wal-Mart. Shares of Seattle-based Amazon surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.
Starbucks says its quarterly sales jumped 8 percent at established locations in its flagship Americas market, driven by an uptick in customer visits and higher average spending per visit.
Small business owners hoping to get a loan from the government are going to hear "wait until later."
The Federal Trade Commission is investigating General Motors because of dealers who advertised certified used cars for sale even though they still needed repairs under existing recalls.
Despite a recent slowdown, the Chinese feel better about their economy than people in any other country.
Giorgos Prasinoudis ran his motocycle repair shop in Athens for three decades, through good times and bad. Now a "For Sale" sign hangs outside the window.
U.S. stocks are moving lower after a number of companies reported poor results.
Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.
It's getting more expensive to be an employer and small business owners say that's making it harder for them to make money.
Coca-Cola says people are shelling out more money for its drinks, thanks to a mix of reinvigorated marketing and mini-cans and glass bottles that tend to cost more.
President Barack Obama is ramping up pressure on Congress to reauthorize the Export-Import Bank.
A South Florida bank announced it is setting up a correspondent banking relationship with a Cuban financial institution.
Aerospace giant Boeing Co. saw its earnings plunge by a third in the second quarter because of repeated delays with a military fuel tanker.
The number of global fliers is expected to more than double in the next two decades. In order to carry all those extra passengers, airlines are turning to a technology very few can make work on a large scale: converting trash into fuel.
A new report on child welfare that found more U.S. children living in poverty than before the Great Recession belies the fanfare of the nation's economic turnaround.