JPMorgan CEO Jamie Dimon warned that current market conditions mirror 2008 financial crisis buildup, citing high asset prices and risky lending practices.
Aston Martin announced a plan to cut up to 20% of its workforce as ongoing financial struggles and challenging market conditions affecting the luxury automaker.
President Donald Trump promises to make housing affordable for new buyers while protecting existing homeowners' property values during his State of the Union address.
President Trump announced federal matching contributions up to $1,000 for lower-income workers whose employers don't match retirement plans, building on existing SECURE 2.0 Act.
While department stores struggle, off-price retailers like TJ Maxx, Marshalls and HomeGoods are booming as Americans shop selectively on their own affordability terms.
February consumer confidence improved but stayed below 2024 peaks as households continue weighing job market prospects against persistent cost worries.
Spirit Airlines announced an agreement with lenders to emerge from bankruptcy this year as a leaner airline focused on high-demand routes and premium seating options.
Lamborghini canceled plans for an upcoming electric vehicle launch due to a lack of consumer demand and will replace it with a plug-in hybrid instead, CEO Stephan Winkelmann said.
Novo Nordisk announced up to 50% price cuts for Ozempic and Wegovy diabetes and weight-loss drugs starting January 2027, lowering costs to $675 per dose.