Editor’s Pick

Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are driving up the average cost in at least two states. More than 1 in 4 car…

Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%. The…

UPS workers ratified the Teamsters-negotiated labor deal reached nearly a month ago, allowing the next five-year contract covering 340,000 employees to take effect. “This contract will improve the lives of…

S&P Global followed Moody’s in cutting its credit ratings and outlook on multiple U.S. regional banks, saying higher funding costs and troubles in the commercial real estate sector will likely…

Mortgage interest rates continue to climb, putting homeownership further out of reach for many potential buyers. On Monday, the average interest rate on 30-year mortgages rose to 7.48%, according to…

Gree Electric Appliances, Inc., is recalling 1.56 million dehumidifiers sold between 2011 and 2014 under brand names like Kenmore and GE due to fire and burn hazards, according to the…

Target and Walmart are both catering to thriftier shoppers, but the two big-box retailers have seen very different outcomes when it comes to winning their dollars. Target missed Wall Street’s sales expectations for the fiscal second-quarter.…

Bed Bath & Beyond may never return to its brick-and-mortar heyday, but the doors at former corporate siblings Buy Buy Baby and Harmon are set to reopen, CNBC has learned.  The…

Mortgage rates rose for the third straight week last week, matching a 22-year high. As a result, mortgage demand dropped as well. Total mortgage application volume was 29% lower than…

There is going to be a new way to get around downtown Orlando, Florida, and it’s not going to require any human drivers. Starting later this month, an electric, self-driving…