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The average rate on the 30-year fixed mortgage fell this week to 6.5%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.56%.

Spirit Airlines will cut several routes in October amid bankruptcy proceedings while United and Frontier airlines announced new flights to capitalize on the opportunity.

Delta Air Lines will discontinue service between Austin-Bergstrom International Airport and Midland, Texas, as part of the carrier's ongoing schedule adjustments.

The Powerball jackpot has risen to an estimated $1.7 billion after no tickets matched the numbers drawn for the $1.4 billion grand prize on Wednesday.

Laurent Freixe stepped down as Nestlé CEO following investigations into his undisclosed romantic relationship that breached company conduct codes.

Fast-food giant McDonald's launches Extra Value Meals offering 15% discounts on meal bundles, which industry experts say could trigger competitor responses.

McDonald's CEO Chris Kempczinski warned of a "two-tier economy" as the company reintroduced its Extra Value Meals to draw budget-conscious customers.

Labor Day weekend saw record airport travel, with 10.4 million passengers screened, as TSA implements new policies including ending the shoes-off requirement.

Constellation Brands cuts fiscal year outlook as the importer of Corona and Modelo faces declining beer sales amid challenging economic conditions and weak consumer demand.

McDonald's announces return of Extra Value Meals with eight popular combo options priced 15% lower than buying items separately in an effort to lure back budget-conscious consumers.