U.S. worker productivity was even weaker than first thought from October through December while labor costs rose at a faster rate.
Orders to factories edged down 0.2 percent in January following declines of 3.5 percent in December and 1.7 percent in November, the Commerce Department said Thursday.
Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013.
The number of people seeking unemployment benefits rose last week to the highest level since May, though the pace of applications remains at a level consistent with steady hiring.
Costco's second-quarter profit easily topped Wall Street estimates thanks in part to a tax bump from the payout of a special dividend last month.
McDonald's says it plans to start using chicken raised without antibiotics commonly used in humans, and milk from cows that are not treated with an artificial growth hormone.
Uber Technologies is buying digital mapping specialist deCarta in a deal that may help the rapidly growing ride-hailing service lessen its dependence on navigation services supplied by Google and Apple.
Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
Are franchises small, independent businesses or should they be considered part of a much larger company?
U.S. services firms' activity rose at a slightly faster rate in February, powered by hotels, restaurants and wholesalers.
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.
Freezing temperatures and drifts of snow took a small bite out of U.S. auto sales in February, but most automakers still reported gains thanks to the strong economy.
Top business executives are pressing Congress to give President Barack Obama greater authority to negotiate international trade deals, citing the potential for increased hiring in the United States and greater competitiveness for their companies overseas.
Business with a hint of capitalism isn't new in North Korea. What's new is that, in a very real nod to the marketplace, a chain of state-owned stores is now fine-tuning their business strategy to actually give consumers what they need.
Best Buy Co. raised its quarterly dividend 21 percent and plans to give shareholders an additional one-time payment after the nation's largest electronics chain reported a better-than-expected fourth-quarter profit.