Kindle sales quadrupled on Black Friday: Amazon

Online retailing giant Amazon said Monday that sales of its Kindle e-readers and tablets quadrupled on Black Friday over the previous year's annual pre-Christmas national shopping orgy.

Nokia share price plummets as it lowers outlook

The world's top mobile phone maker Nokia on Tuesday downgraded its second quarter outlook, saying sales would be far lower than expected and that it could no longer give a full-year forecast.

Study: New negative trend in Phoenix housing market

It’s official: The Phoenix housing market appears to be experiencing a new downward trend. A new report from the W. P. Carey School of Business at ASU confirms a year-over-year decrease in home prices for the third month ...

Harvard economist weighs in on new inflation data

Inflation continued to soar in February, with a key measure hitting a 40-year high, according to federal data released Thursday. Driven by higher energy costs, gasoline in particular, the Consumer Price Index rose 7.9 percent, ...

GM reports lower sales in China, North America

US automaker General Motors saw profits more than double in the first quarter, but said Tuesday that lower sales in China and North America ate into total revenues.

GM, US car sales slump but Fiat Chrysler surges

General Motors reported Tuesday an 11-percent plunge in auto sales for the third quarter of 2018, confirming analyst expectations that North American car buyers were tapping the breaks after a robust first half of the year.

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