The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million.
The quality of cars and trucks made by European, Korean and U.S. companies has improved so much in recent years that Japanese automakers, long the industry standard, are having trouble keeping pace.
AT&T Mobility LLC has been slapped with a $100 million fine for offering consumers "unlimited" data, but then slowing their Internet speeds after they reached a certain amount.
New credit and debit cards with computer chips are putting the squeeze on small businesses.
Colder-than-normal temperatures shortened the Northeast's maple sugaring season this year, but overall syrup production in the U.S. still managed to stay strong, according to the United States Department of Agriculture.
U.S. builders broke ground on fewer homes in May, but the pace of construction remains significantly higher than a year ago as the real estate sector increasingly reflects the stronger job market.
The Obama administration is ordering food companies to phase out the use of heart-clogging trans fats over the next three years, calling them a threat to public health.
With evidence that the U.S. economy is rebounding from a winter slump, the Federal Reserve will likely signal this week that an interest rate increase is coming - just not quite yet.
Warren Buffett's company is investing $500 million in Insurance Australia Group and taking on 20 percent of that company's new business.
Target will sell its pharmacy and clinic businesses to the drugstore chain CVS Health for about $1.9 billion in a deal that combines the resources of two retailers seeking to polish their health care reputations.
U.S. factory output slipped in May, hurt by a decline in oil refining that overshadowed solid gains by automakers.
United Technologies Corp. announced Monday it is shedding Sikorsky Aircraft, and whether it ultimately sells or spins off the helicopter maker, the union that represents its workers and local officials are confident that the exodus of well-paid manufacturing jobs in Connecticut will not play out again.
Saudi Arabia's stock market, valued at $585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid low global oil prices.
U.S. homebuilders are feeling more confident about their sales prospects than they have since last fall, while their outlook for sales over the next six months is at the highest level in 10 years.
Airbus is betting on big jets as the future of aviation, while rival Boeing is gambling on smaller ones - but both sold scores of planes of all sizes at the Paris Air Show on Monday, defying predictions of slowing demand.