The Latest Breaking News on Business

Just as Sony launched a major worldwide update for the PlayStation Store, the PlayStation Network (PSN) was hit by a severe hour-long outage affecting thousands of US users, causing widespread frustration.

Corn price action is trading fractionally to 2 cents lower on Wednesday morning. Futures posted Tuesday gains of 1 to 2 ¼ cents on the session. Preliminary open interest showed a rotation of ownership up just 470 contracts. The CmdtyView national average Cash Corn price was up 1 ¾ cents...

WEC Energy will release its third-quarter earnings later this month, and analysts anticipate a single-digit profit dip.

Ingersoll Rand will release its third-quarter earnings later this month, and analysts anticipate a single-digit bottom-line growth.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said no to United Parcel Service (NYSE:UPS). “I still don't like UPS,” he added.

The car giant says its biggest-ever US investment will increase output by 50%, add more than 5,000 jobs, and counter some tariff costs by boosting North American profitability.

The U.S. is heading towards a financial crisis, and the process is happening at a slow pace, cautioned David Kelly, the chief global strategist at J.P. Morgan Asset Management.

Gold has passed yet another milestone in one of its best years in decades. The yellow metal has exceeded $4,200 per ounce on the spot market on Wednesday morning. At these levels, it is unsurprising to see merger and acquisition activity accelerating.

Generac Holdings is expected to report its fiscal third-quarter earnings soon, and analysts project modest bottom-line growth.

Prosecutors say individuals in forced-labour camps convinced victims to funnel billions into fake investments. The state may now use the seized crypto to repay the defrauded parties.

Despite all the evidence to the contrary, the argument continues to be made that the global soybean balance sheet is tightening.