WASHINGTON U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, suggesting an acceleration in economic growth that could persuade the Federal Reserve to raise ...
Home prices rose strongly in March, the latest sign the housing market has momentum heading into the critical spring selling season.
Kansas City–based Great Plains Energy has agreed to purchase Westar Energy—Kansas' largest electric utility—in a combined cash and stock transaction with an enterprise value of about $12.2 billion.
Starbucks plans to start tapping kegs this summer - for coffee. The Seattle-based coffee company said Tuesday it will introduce nitro cold brew in stores as it aims to capitalize on the explosive growth in iced coffee drinks.
WASHINGTON—Gauges of U.S. consumer confidence are sending mixed signals, fostering uncertainty about whether the recent pickup in consumer spending will be sustained into the summer months.