US Business

Auto buyers’ appetite for battery-powered vehicles is helping elevate demand for their evolutionary predecessor, the gas-electric vehicle.

Parent company Restaurant Brands has installed new leadership and earmarked $400 million to boost advertising and revamp everything from restaurant design to the way its flagship burgers are constructed.

The dollar’s broad-based surge is handing foreign producers an advantage in selling into the U.S., while U.S.-made goods become more expensive for foreign buyers.

The potential resurrection of the big gun shows how the war in Ukraine could reshape the global arms industry.

Moderating pay increases could ease pressure on inflation, helping the Federal Reserve.

The strong U.S. labor market lost momentum in September as high inflation and rising interest rates weighed on the economy.

Officials are trying to prevent wage pressures from sustaining higher inflation.

The world’s richest man saw his rocket company ferry astronauts to space, his car company disappoint Wall Street, and he once again offered to buy one of his favorite messaging tools.

Rapid rate increases provide less time for central bankers to study their economic effects.

Auto maker says improperly installed fastener could cause a loss of steering control.