Industries

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

Meta announces plans for massive subsea cable project that will reach five continents and be longer than the circumference of the planet.

Severe weather has wiped out power for droves of customers throughout a large portion of the eastern U.S. More winter weather is expected throughout the week.

Nissan CEO Makoto Uchida suggested President Trump’s tariffs could prompt the car manufacturer to shift its production outside of Mexico.

Meat and poultry pasties made by a Michigan-based restaurant are the subject of an alert due to an egg allergen not written on the packaging.

Joann, an Ohio-based crafts retailer, is trying to shutter more than half of its 800 locations nationwide as it restructures under the Chapter 11 bankruptcy process.

Chevron is seeking to trim its headcount by a sizable amount, with Vice Chair Mark Nelson saying it will impact 15%–20% of workers.

JCPenney is shuttering a handful of locations throughout the country. The company cited "expiring lease agreements" and "market changes" for the reason behind the closures.

Aviation officials want to permanently restrict helicopters from using airspace around Ronald Reagan Washington National Airport to avoid collisions with commercial airplanes.

Walgreens said five retail pharmacy stores in Southern California will close in late March, citing "increased regulatory and reimbursement pressures."

Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico tariffs could "blow a hole" in the U.S. auto industry.