The company behind ChatGPT, OpenAI, might be the world’s most valuable private company on paper — but in real life, it’s hemorrhaging money faster than it can ever hope to pay back, at least for now.

One of our travel reporters flew basic economy from LA to NYC on American Airlines. Another reporter took a basic economy flight from Salt Lake City to NYC on Delta. Both had more spacious seats than ...

Listen and subscribe to Everybody’s Business on Apple, Spotify, iHeart and the Bloomberg Terminal. How is the US economy doing? This should not be a difficult question to answer. After all, there are ...

Oct. 24 (UPI) --General Motors terminated hundreds of jobs Friday in a cost-saving boost days after GM stock value soared. More than 200 salaried, largely white-collar jobs got laid off mostly at GM's ...

WASHINGTON, Oct 24 (Reuters) - A prolonged shutdown of the U.S. government amid a standoff over funding between Republicans and Democrats in Congress could dent economic growth in the fourth quarter, ...

Ford commits $60 million and 100 jobs at Kentucky plant to boost F‑Series output. Kentucky Truck Plant to produce over 5,000 extra trucks annually after speed-up. Ford expects $1B hit from Novelis ...

If you’re searching for a symbol of the wild ride the US economy has been on over the past decade and where it’s going next, the former General Motors Co. plant in Lordstown, Ohio, checks a lot of ...

The cuts will impact managers at about 3 times the rate of other employees. Target, which has been struggling with sales in recent years, is eliminating 1,800 roles or about 8% of the company’s global ...

It often seems that economists are perpetually warning us about the next U.S. recession. One influential analyst says an economic slowdown is already a fact of life for many Americans. Twenty-two ...

The U.S. and European Union have announced new sanctions targeting Russia's oil industry to pressure Russia to end the war in Ukraine. The sanctions are gaining support from US allies. This morning, ...

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data set to ...