The CEO of adultery website Ashley Madison is stepping down in the wake of the massive breach of the company’s computer systems and outing of millions of its members.

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U.S. consumers increased their spending by a moderate amount in July, while income growth was propelled by the largest jump in wages and salaries in eight months.

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McDonald’s long-held position that it isn’t responsible for workers at its franchised restaurants was dealt a blow on Thursday.

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Jurors have spared Denver bar killer Dexter Lewis the death penalty, and he will instead be sentenced to life in prison.

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A major labor union on Thursday urged fellow union members to boycott Atlantic City casinos that are owned or about to be owned by billionaire Carl Icahn.

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Fewer people sought U.S. unemployment benefits last week, evidence that employers remain confident in the economy and are laying off few workers.

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Egypt’s civil aviation minister says he is replacing EgyptAir’s chairman in a bid to return the company to profitability, after it accumulated over a billion dollars in losses since the 2011 uprising that toppled longtime autocrat Hosni Mubarak.

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The Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday.

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Arizona is severing ties with a private prison operator over what the state says was a string of security and training lapses that led to violent riots in July.

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Danish drug maker Novo Nordisk said Wednesday it will open new factories in North Carolina and Denmark as pharmaceutical companies seek to keep up with demand for diabetes medications in an increasingly overweight world.

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