The U.S. economy grew at an even faster clip in the spring than previously estimated. But that growth likely slowed in the summer, held back by global headwinds and turbulent financial markets.
Volkswagen's board appointed the head of its Porsche unit as CEO on Friday, handing longtime company insider Matthias Mueller the task of trying to lead the world's top-selling automaker past a growing emissions scandal.
Worries about the global economy pushed American consumers' spirits to the lowest level in almost a year, the University of Michigan reported Friday.
A federal judge in Philadelphia has approved a $50 million class-action settlement between cable TV giant Comcast and its customers.
A website that booked hard-to-find reservations at popular Walt Disney World restaurants and charged customers a fee for them has ceased operations.
Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years.
Average long-term U.S. mortgage rates declined this week following the Federal Reserve's decision to keep interest rates at record lows for now.
Caterpillar is planning another round of job cuts that could exceed 10,000 people through 2018, as the construction and mining equipment maker adjusts to downturns in key markets that it serves.
If you're driving a diesel-powered four-cylinder Volkswagen, you're stuck with a fun-to-drive machine that's belching unhealthy pollutants from its tailpipe.
The number of Americans seeking unemployment benefits rose slightly last week yet remained at a low level consistent with solid job growth.
Volkswagen CEO Martin Winterkorn stepped down Wednesday, days after admitting that the world's top-selling carmaker had rigged diesel emissions to pass U.S. tests during his tenure.
A judge has ordered a former employee of a mid-Missouri tech firm and his wife to pay $10 million for stealing trade secrets and partnering with a Chinese firm to sell knockoff products to unsuspecting buyers, including the U.S. Navy.
Chinese manufacturing activity fell to its lowest in more than six years in the latest sign of the slowdown in the world's second biggest economy, according to a survey released Wednesday.
A New York-based federal appeals court has rejected claims of a former employee of the Federal Reserve Bank of New York who says she was fired for her probe into the banking firm Goldman Sachs.
A French prosecutor is arguing that a corruption investigation involving International Monetary Fund chief Christine Lagarde should be dropped.