The Latest Business Headlines

The wealthy ramp up spending while other Americans tread water, new study finds

Higher-income Americans and those with college degrees have ramped up their spending more quickly in the past three years than lower-income households and those without college diplomas, according to new data released Tuesday, evidence of worsening inequality amid overall growth that may explain some of the negative sentiment around the economy


PayPal replaces CEO Chriss with HP's Lores

PayPal is replacing CEO Alex Chriss with Enrique Lores, saying that the pace of change and execution at the company has not met board expectations over the past two years


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