Mercedes will slash costs as it sees weaker profits for 2025. Successful EV sales would help while an unexpected turnaround ...

U.S. existing home sales dropped more than expected in January after three straight monthly increases as high mortgage rates ...

Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic ...

Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.

The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation ...

Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers ...

Walmart's quarterly revenue rose by more than 5%, but shares lost ground after the world's biggest retailer issued ...

Startup Rivian Automotive hit a milestone Thursday, reporting its first quarter of gross profit. The hitch: Much of it was ...

Mexican fast-food chain Guzman y Gomez on Friday reported first-half underlying earnings that missed estimates as declining ...

The Conference Board issues its latest consumer confidence report on Tuesday. The Commerce Department delivers its monthly ...

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the ...

Home buyers and sellers had a tough winter, new data confirm. It will be a chilly spring for first-time buyers if mortgage ...