Costco is looking to protect itself against rising freight costs. Noam Galai/Getty Images Costco is renting its own container ships to import products from Asia to the US and Canada. It wants to sidestep the global shipping crisis and shield itself from shortages and...

The shipping container that has been the building block of global trade growth is turning into the latest source of frustration for importers and exporters coping with world-wide supply-chain disruptions. The steel boxes are harder than ever to find as surging demand...

Macy’s on Thursday reported fiscal second-quarter profit and revenue that topped analyst estimates, as customers returned to its stores to buy denim, luggage and new dresses. The department store chain also hiked its outlook for 2021, heading into the back half of the...

Rather than building charging stations or paying people to buy EVs, governments could do more to reduce emissions by just making gasoline-powered cars and trucks more expensive The Issue: There is a growing consensus that electric vehicles (EVs) are the way to achieve...

Companies that made it through the pandemic in one piece now have a major new problem: more than a quarter of their employees may leave. What's happening: Workers have had more than a year to reconsider work-life balance or career paths, and as the world opens back...

Working from home is no longer an option at Goldman Sachs — but working from Florida might be another story. More than 100 key Goldman Sachs employees are reportedly poised to migrate from the firm’s New York headquarters to a new office in Palm Beach, Florida. The...

A national housing shortage is showing no signs of easing and the cycle is not expected to break anytime soon. (iStock) "We expect a persistent imbalance between supply and demand in the housing market to generate double-digit home price appreciation this year and...

Seafarers have been the unsung heroes of this pandemic, as the world relies on them to transport more than 80% of trade by volume, including vital food and medical goods, energy and raw materials, as well as manufactured goods across the globe. They have also been...