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U.S. home sales logged their biggest drop in nearly 10 years in April as the novel coronavirus pandemic upended the labor market and broader economy, undercutting demand for housing.

Digital | May 20, 2020 The huge e-commerce company also unveiled buy now, pay later and local delivery tools at its annual conference. Need to Know At Shopify’s annual conference, Unite, the e-commerce platform announced a number of new features. Shopify Balance Account is a “one-stop-shop” account for small business owners and a feature several

The S&P 500 index was largely unchanged on Thursday as growing U.S.-China trade tensions and concerns about a rebound from a coronavirus-led economic slump were offset by an upbeat outlook from retailer TJX.

A bill that could force Chinese companies to give up their listings on American exchanges is now moving at "warp speed," Raymond James says.

Michigan Governor Gretchen Whitmer said on Thursday she signed a series of executive orders re-opening sectors of the economy across the state, including allowing retail and auto showrooms to resume operations by appointment.

Morgan Stanley's Chief Executive Officer James Gorman told shareholders at its annual meeting on Thursday that it is too early for him or the board of directors to consider reinstating bank's share buy back program.

BlackRock Inc said all of its 16 director nominees received strong investor support at its annual meeting on Thursday, at which Chief Executive Laurence Fink defended the size of the company's large board.

Unemployment payments jumped to at least $16.2 billion in April, up more than five-fold from February, as layoffs attributed to the coronavirus pandemic swept through the economy.

Millions more Americans filed for unemployment benefits last week as backlogs in processing claims continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.

Venture capital funding in general has dried up as investors have become skittish in placing new bets, particularly for early-stage companies.

Southwest Airlines Co will continue to limit bookings on its flights through at least July to give passengers space between seats, CEO Gary Kelly told shareholders on Thursday, mirroring a plan by competitor Delta Air Lines Inc .

Wall Street's main indexes eased on Thursday from more than two-month highs hit in the previous session, as growing Sino-U.S. tensions and concerns about a rebound from a coronavirus-led economic slump hit sentiment.

U.S. Treasury Secretary Steven Mnuchin said on Thursday he believes the U.S. economy will "bottom out" in the second quarter and start to improve with the third quarter, with a "gigantic increase" in fourth quarter activity.

Another round of coronavirus relief may include protections for business owners against employees and customers who get sick. Opponents say these cases are already tough to win.

During the pandemic, federal student loan borrowers were supposed to get a break from their bills, and their lenders weren't supposed to report their non-payments to the credit reporting agencies. Some borrowers have seen their scores tank.