Goldman economists said third quarter GDP growth is tracking at 35%, driven in large part by the surprising strength of consumer spending.

Dozens of major wildfires are burning through the U.S. West Coast, destroying hundreds of homes and wiping out entire neighborhoods in two towns in Oregon. 

Credit-card issuers have been fiercely jockeying over multi-year co-brand deals as they offer banks a way to quickly tap into consumer spending at popular retailers.

How a sagging stock price and a $900 million blunder may have sped up the promotion of the first CEO to run a major U.S. bank.

After applying to become a regulated bank in Singapore, gaming hardware firm Razer is now considering similar moves in Europe and the U.S.

The stocks making the biggest moves in premarket trading include Peloton, Oracle, Chewy, eBay, and more.

The software maker delivered revenue growth even during the first full quarter of business during the coronavirus pandemic.

Peloton’s fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at home during the coronavirus pandemic. 

Fraser’s ascension at Citigroup answers a question many have had for years: When would the U.S. banking industry, dominated by men in leadership positions for decades, get its first female big bank CEO?

Another electric vehicle company could soon be on the market with Tortoise Acquisition Corp. and electric truck company Hyliion voting on their merger on Sept. 28.