US Business News

Burden of Health-Care Costs Moves to the Middle Class

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Rising out-of-pocket health care costs, combined with slow economic growth and years of tepid wage growth, pose risks for an economy in which consumer spending accounts for more than two-thirds of overall output.

U.S. Government Cuts Off New Funding for ITT Tech

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The Obama administration took steps Thursday that could effectively force the closure of one of the nation’s largest for-profit college chains, banning ITT Technical Institute from enrolling new students who receive federal aid.

Miners Find South African Gold Recovers Its Luster

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After years battling depressed prices and cost-cutting, South African gold miners are regaining their shine, with the country’s top four gold producers announcing soaring profits and dividends.

What to Watch For at the Kansas City Fed's Jackson Hole Conference

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Central bankers are gathering in Jackson Hole, Wyo., for an annual economic symposium, this year titled “Designing Resilient Monetary Policy Frameworks for the Future.” Here are several things to watch.

WhatsApp to Share User Data With Facebook

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WhatsApp will start sharing data with Facebook, a policy shift after vowing few changes when the social network bought the app.

Exporters Fear Losses After China Gives Zika Label to U.S.

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China’s move to add the U.S. to a list of Zika-infected nations worries exporters, who fear requirements to fumigate all containers.

Germany's Merck Beefs Up Non-Drug Businesses

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Merck KGaA is expanding its specialty chemicals and lab equipment operations to keep its revenue and profit growing despite recent drug-development stumbles.

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