Finance

They were the suburban vehicle of choice in the 1990s and early 2000s, but ever since, minivans appeared to be riding the slow lane to extinction. The soccer moms who once made the boxy people-haulers ubiquitous have shunned them for car-based SUVs with three rows of seats. Many automakers have stopped selling them. In fact, […]

“That’s great, but if you’re not telling your kids, that’s weird,” Mr. Jaffe said. “If that’s what you believe in, why wouldn’t you tell your kids that ‘we’re a very wealthy family, but our values say we’re going to put most of it into a philanthropy, and we’re all going to work and do something

The Labor Department will release the hiring and unemployment figures for July at 8:30 a.m. Eastern time. The monthly report provides one of the better snapshots of the state of the American economy. Here’s what to watch for: Wall Street analysts expect payrolls will have grown by 165,000 jobs last month, fewer than the thumping

Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, but Japan‘s top automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates. Toyota Motor Corp.’s said Friday its April-June profit totaled 682.9 billion yen ($6.4 billion), up from 657.3 billion yen the same period last year. Quarterly

WASHINGTON — The Federal Reserve’s decision to cut rates for the first time in more than a decade was driven, in part, by a recognition that policymakers have a role to play in the fate of American workers. Though the United States has experienced a record period of uninterrupted growth and unemployment is close to

Japanese automaker Honda reported Friday a 29% decline in fiscal first quarter profit as an unfavorable currency exchange and declining auto sales in the U.S. and India hurt earnings. Tokyo-based Honda Motor Co.’s April-June profit totaled 172.3 billion yen ($1.6 billion), down from 244.3 billion yen. Quarterly sales dipped 0.7% to nearly 4 trillion yen

Asian stock markets plunged Friday after President Donald Trump‘s surprise threat of tariff hikes on additional Chinese imports. Tokyo’s main market index fell 2.5% and Hong Kong’s benchmark lost 2.3%. Markets in Shanghai, Sydney and Seoul also declined. Trump’s announcement of 10% tariffs on $300 billion of Chinese goods, due to take effect Sept. 1,

Spending on U.S. construction projects fell in June by the largest amount in seven months, reflecting weakness in home building, nonresidential construction and the largest drop in government projects in 17 years. The Commerce Department said Thursday that spending fell 1.3% in June. It followed a 0.5% decline in May and was the biggest drop

President Donald Trump’s tweets struck as quickly as a scythe on Thursday and cut the legs out from not just a budding stock rally but several different markets. Within seconds of the president saying on Twitter that he plans more tariffs on Chinese goods, prices for stocks, gold and even measures of investors’ optimism screeched

Health insurer stocks heated up in July. Interested in Weather? Add Weather as an interest to stay up to date on the latest Weather news, video, and analysis from ABC News. UnitedHealth Group, Anthem and several other insurers outpaced the broader market in what has been an otherwise choppy year for the industry. The industry