Business

The December Jobs Report Highlights the Fed’s Mistake The Federal Reserve’s reputation may not be burning down as rapidly as Los Angeles, but the outcome is likely to be the...

Facebook owner Meta Platforms and Amazon are winding down diversity programmes ahead of Republican Donald Trump’s return to the United States presidency, amid growing conservative opposition to such initiatives. Some...

The downtown Los Angeles Macy’s department store, situated on 7th Street and a cornerstone of retail in the area, will shut down as the company prepares to close 150 underperforming...

The US is tightening the screws on one of the key pillars of Russia’s wartime economy: its energy business. The US said it would join the United Kingdom in imposing...

Walt Disney Co.’s KABC-TV Channel 7 station, which uses communications towers near Mt. Wilson, lost its over-the-air signal Friday morning as the Eaton fire continued its rampage through mountainous terrain....

Inflation expectations among American consumers surged in January, according to the latest University of Michigan survey, casting doubt on the Federal Reserve’s decision to cut interest rates three times late...

Venu, the sports-focused streaming venture proposed by the Walt Disney Co., Fox Sports and Warner Bros. Discovery, will not see the light of day. The partners said Friday they have...

Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have collectively agreed to discontinue...

The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges that he failed to disclose payment...

Employers in the United States added 256,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent. Economists had been...