The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering…
Business
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BusinessEditor's Pick
YouTube is dominating the living room, forcing media companies to decide whether it’s friend or foe
It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it.…
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A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that…
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Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and…
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BusinessEditor's Pick
Warren Buffett gives away another $5.3 billion, says his children will manage estate
Warren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities.…
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An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…
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If you were looking for a sign of weakness in the U.S. economy, you’re not going to find it at…
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Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the…
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BusinessEditor's Pick
The ‘funflation’ effect: Why Americans are spending on travel and entertainment
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer…
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Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The…
