Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade. The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years.... Read More
GE Appliances announced a nearly half-billion-dollar project Thursday that it says will create 800 new jobs and shift production of clothes washers from China to its massive manufacturing complex in Kentucky.... Read More
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts.... Read More
UnitedHealthcare, CVS Health's Aetna and dozens of other insurers say they plan to reduce the scope of health care claims subject to prior authorization, standardize parts of the process and expand responses done in real time.... Read More
The Indiana Pacers—already facing tough odds against winning Game 7 on the road—couldn’t overcome the early loss of injured star guard Tyrese Haliburton and fell to the host Oklahoma City Thunder 103-91 Sunday night in the deciding contest of the NBA Finals.... Read More
Game 6 of the NBA Finals had been over for only about 10 minutes, and the Indiana Pacers and Oklahoma City Thunder were turning the page after Indiana’s 108-91 victory. What happened over the previous couple of hours in had already been deemed irrelevant.... Read More
Canada's Prime Minister Mark Carney said Thursday he will impose new tariffs on U.S. steel and aluminum imports on July 21 depending the progress of trade talks with U.S. President Donald Trump.... Read More
The Fed's policymakers signaled they still expect to cut rates twice this year, even as they also project that President Donald Trump's import duties will push inflation higher.... Read More
Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a year and a half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $15 billion.... Read More
Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% in May.... Read More
