US Business

Food-delivery apps are betting that widening the range of services they offer will help boost their slim margins.

Amazon’s plan to buy MGM is the latest illustration of a long-running phenomenon: To understand an era’s business trends, look at who’s buying a studio. From Gulf & Western to Coca-Cola, a guide to the companies drawn in by the movies.

An official gauge of Chinese factory activity slipped in May on weaker export demand and higher commodity prices, while the country’s nonmanufacturing sector was bolstered by stronger construction and holiday spending.

The U.S. employment report on Friday highlights this week’s economic data.

Transportation Secretary Pete Buttigieg is calling for “clear direction” in the discussions by next week, as Democrats consider going forward on the $1.7 trillion package without Republican votes.

Friday’s jobs report could provide pivotal data as the Fed charts a plan for ending the easy-money policies that have propped up the economy and markets for more than a year.

Pizza chains like Domino’s pioneered speedy food delivery, but they are split on working with apps like DoorDash and Uber Eats.

President Biden’s budget proposal charts his vision of an expansive federal government role in the economy and the lives of Americans, with big increases in spending on infrastructure, public health and education along with tax increases on corporations and the wealthy.

Remittances, funds that migrant workers send home, are providing a lifeline for poor countries still in the grip of the Covid-19 pandemic.

Consumer spending rose 0.5% in April as Americans extended a spending binge and continued to catch up on activities they held off on during the pandemic, propelling a broad economic recovery.