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Lumber, especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector. The U.S. imports about 40%...

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Waymo, Alphabet’s self-driving ride-hail company, is officially headed to Europe.The company announced on Wednesday that it is planning to start offering paid robotaxi rides in London next year, and said that its Jaguar I-PACE vehicles will start making their...

Amazon is preparing to cut as much as 15% of its human resources staff, with additional layoffs likely in other divisions, according to multiple sources familiar with the plans. Two sources told Fortune that Amazon’s human resources division—known internally as...

“It will eliminate jobs,” Dimon said, pointing out that so did tractors and cars, once upon a time. “It happens too fast,” he said, referring to sudden, disruptive technological change. He urged society, government and business to “figure out...

Unlike luxury consumer goods brands such as Cartier or Louis Vuitton, Best Buy needs to appeal to a very wide swath of society. Consumer spending patterns since the pandemic, especially the growing gap in spending power in the U.S....

As millions of student loan borrowers settle into the school year, many are stressed about how they’ll pay for their degrees. These students may find that the One Big Beautiful Bill Act, the big tax...

Surveillance pricing has dominated headlines recently. Delta Air Lines’ announcement that it will use artificial intelligence to set individualized ticket prices has led to widespread concerns about companies using personal data to charge different prices...

When Starbucks announced that it would phase out its mobile-order pickup-only locations beginning in 2026, it raised a question: Why abandon a format seemingly built for speed and efficiency?As Starbucks CEO Brian Niccol explained the...

General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed.Shares fell less than 2% before the opening bell Tuesday.The EV tax credit ended...