American consumers — and the Federal Reserve — are being hit with another high-cost headache

Volkswagen’s CEO has indicated that he’s trying to avoid closing plants as he seeks to turn around the automaker’s performance

The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday

China is temporarily blocking helium exports, a key element for chipmaking, as the Iran war's escalation disrupts global supply

Volkswagen has reported weak sales numbers, with a significant drop in China

Authorities are investigating a blaze at a shoe factory in southeastern China's Fujian province that killed 28 people, raising renewed concern over worker safety

A fire has broken out at a shoe factory in China's Fujian province, killing 28 people

The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers

PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns