Business

Lisa Su, CEO, AMD Scott Mlyn | CNBC The top performers during Monday’s market rally by far were chip stocks after President Donald Trump and Chinese President Xi Jinping agreed to not add new tariffs on U.S. and Chinese goods and restart talks. Trump also said China will ease its …

Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Nordstrom and Ross Stores slumped Thursday after Goldman Sachs downgraded both stocks and struck a sober tone in discussing profit outlook for the retail sector at large. The brokerage cut its rating on both names to …

Wayfair co-chairman and co-founders Steve Conine (C) and Niraj Shah applaud as they ring the opening bell above the floor of the New York Stock Exchange on the day of the company’s IPO October 2, 2014. Lucas Jackson | Reuters Online home goods retailer Wayfair sold roughly 1,600 mattresses and …

The yield on the benchmark 10-year Treasury note fell below 2% for the first time since 2016 last week. That move followed a more dovish tone from the Federal Reserve in its June policy statement, with the odds of a rate cut in July moving to 100%, according to the …

The logo of General Electric is pictured at the company’s site of its energy branch in Belfort, France, February 5, 2019. Vincent Kessler | Reuters J.P. Morgan analyst Stephen Tusa is sticking to his guns when it comes to General Electric, despite getting “questions and pushback” from his skepticism of …

One Wall Street brokerage told clients Monday that the globe is “one step away” from recession as the world’s two largest economies head to the G-20 summit meeting in Japan this week to try to hash out key issues and end a monthslong trade war. While escalation isn’t what UBS …

Modern day retro dishes being served this month at Houston’s George Bush Intercontinental Airport. Many travelers can find comfort in the familiar tastes of home. In this way, the astronauts on the Apollo 11 mission may be no different than the rest of us.  To mark the 50th anniversary of …

Young shoppers browse makeup products at an Estee Lauder MAC Cosmetics store. Kiyoshi Ota | Bloomberg | Getty Images Google-owned YouTube announced on Tuesday that it will begin using augmented reality to allow viewers to try on makeup as they’re watching videos. With AR Beauty Try-On, a viewer can see …

A pharmacist fills out prescription in New York City. Yvonne Hemsey | Hulton Archive | Getty Images The presidential hopefuls aren’t the only ones eyeing health care issues for 2020. Large employers are putting together benefit plans for next year, and they are expecting the rise in employee health costs …

Genesis Mint Adam Jeffery | CNBC Once-dominant Japanese brands like Toyota, Nissan and Honda have taken a mighty fall on the quality charts, toppled on J.D. Power’s closely followed Initial Quality Study by two of the Big Three in Detroit as well as South Korea’s top carmarkers. Widely seen as …