Goochland-based used car company CarMax announced it will cut 350 jobs nationwide this week, following Amazon's decision to ...

Technology companies and Hollywood corporations are laying off thousands. The only job growth is in government and healthcare.

Brian Moynihan, CEO of Bank of America, is one of the voices now warning that if the government shutdown drags on too much ...

Four of China's largest five state-owned banks reported steady profits on Friday, but their margins came under pressure from ...

Bank of America CEO Brian Moynihan warns the prolonged government shutdown is dragging on the U.S. economy, delaying deals, ...

US economy shows 3.9% GDP growth, but beneath the surface, 82% of Americans now live in shrinking regions, the highest since ...

The rate cut — a quarter of a point — brings the Fed’s key rate down to about 3.9 percent, from about 4.1 percent.

Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has ...

Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on Wednesday but ...

The Bank of Canada (BoC) has lowered its benchmark interest rate by 25 basis points to 2.25%, marking its second rate cut ...

Pressed by reporters about the current lack of economic releases due to the continuing government shutdown, Powell says it ...