The Latest Breaking News on Business

The $7,500 EV tax credit—the key to America's growing interest in electric cars—is on life support. President-elect Donald Trump has signaled interest in his incoming administration's desire to pull the plug on the time-of-sale credit made possible through the Inflation Reduction Act, and alarm bells are ringing for analysts who…

The federal investment follows the $1 billion approved by Texas taxpayers to help connect the state.

Following Spirit Air's filing for court protection, another low-cost carrier plans to close and file for bankruptcy.

Due to Solventum’s underperformance relative to the broader S&P 500 Index over the past six months, Wall Street analysts remain cautious about the stock’s prospects.

Target’s shares plummeted 17% in premarket trading Wednesday.

Although Dayforce has underperformed relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Although Darden Restaurants has underperformed the broader market over the past year, analysts maintain a moderately optimistic outlook for the stock's future prospects.

PulteGroup has outpaced the broader market over the past year, yet analysts continue to hold a moderately bullish view of its prospects.

Although Marathon Petroleum has lagged behind the broader market over the past year, analysts maintain a moderately positive outlook for the stock's future prospects.

Despite underperforming the broader market over the past year, analysts continue to have a highly positive outlook for Diamondback Energy's future prospects.

Some of the retailer's physically demanding jobs are evolving, John David Rainey told Fortune.