The biggest obstacle for Coca-Cola and Pepsi these days isn't tied to taste tests, the declining popularity of sugary drinks or even their century-long rivalry. It's the surging U.S. dollar.
U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.
Mortgage giant Fannie Mae reported net income of $1.3 billion for the fourth quarter. That's down sharply from $6.5 billion a year earlier due largely to losses on investments used to hedge against swings in interest rates.
The U.S. government will fine Japanese air bag maker Takata Corp. $14,000 per day for failing to fully cooperate in a long-running investigation of faulty and potentially dangerous air bag inflators.
A federal appeals court says thousands of victims of Bernard Madoff's multibillion-dollar fraud are not entitled to interest or inflation when they get a share of recovered funds.
The nation's top labor official ratcheted up pressure on the two sides haggling over a new contract for dockworkers at West Coast seaports, telling them if they don't reach an agreement by Friday, they'll have to leave California and negotiate in Washington.
Hoping to shed its reputation for offering little more than dead-end jobs, Wal-Mart, the nation's biggest private employer, is giving raises to nearly a half-million workers and offering what it says are more opportunities for advancement.
A judge has ruled that American Express violated U.S. antitrust laws by barring merchants from asking customers to prefer one credit card over another.
Average long-term U.S. mortgage rates have risen for a second straight week yet remained near historically low levels.
Wal-Mart Stores Inc. reported a 12 percent increase in profit for the fourth quarter as sale for the critical holiday shopping season perked up amid lower gas prices and an improving economy.
Mortgage giant Freddie Mac posted net income of $227 million for the fourth quarter, down sharply from the same period of 2013, as it sustained losses on the investments it uses to hedge against swings in interest rates.
President Barack Obama's top economists say that even as the U.S. has managed to kick start a lasting and growing recovery, modest wage gains are far from making up for decades of paycheck stagnation for middle-class workers.
U.S. wholesale prices fell by a record amount in January, led by the biggest drop in gasoline prices in six years.
U.S. homebuilders slowed the pace of construction in January, breaking ground on fewer single-family houses ahead of the spring buying season.
U.S. factory production edged up last month as manufacturers cranked out more computers, clothing and steel and other metals, offsetting declines in autos and aerospace.