Economy

Home improvement company Lowe’s will provide $55 million in bonuses bonus to its hourly frontline workers to help with the burden of high inflation, the retailer said in an earnings...

Target shoppers often joke about leaving the corporate big-box store with more than they had on their shopping list, but that trend seems to be changing. The company’s profits took...

A US federal judge in Cleveland awarded $650m in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS, Walgreens and Walmart, claiming the...

Ciudad Juarez, Mexico – After fleeing Guatemala, Joaquin arrived in Texas inside the back of a tractor-trailer, just days before 53 migrants died of heat and dehydration in similar circumstances...

Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174bn) in the first half of 2022 as stocks and bonds were hit by...

Target reported solid sales for the fiscal second quarter, but profits plunged nearly 90% after the retailer was forced to slash prices to clear unwanted inventories of clothing, home goods...

Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the first time since 1982 and piling further pain on households already struggling to...

Factories in China’s southwest have shut down after reservoirs used to generate hydropower ran low in a worsening drought, adding to economic strains at a time when President Xi Jinping...

Apple’s suppliers are in talks to produce the Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia has reported, citing people familiar with the matter. China’s Luxshare...

Elon Musk, the world’s richest person, tweeted that he was buying English football club Manchester United Plc, without offering any details. Musk has a history of being unconventional and posting...