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Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of sales and marketing at Amazon Web Services,…

The interest rate on many new federal student loans is set to rise to its highest level in more than a decade next year as lenders throughout the economy seek…

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the…

Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people. The retailer said Thursday that it would be…

Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of Remodeling Activity, an outlook measuring home improvement and repair spending…

U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended by motorcyclists. The National Highway Traffic Safety Administration…

Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of whether the labor group can maintain momentum in…

About 800,000 customers of the online therapy platform BetterHelp will start receiving refund notices related to a settlement with the Federal Trade Commission, the agency said Thursday. Last year, BetterHelp…

McDonald’s is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The people said…