Instagram is making it easier for retailers to promote and sell products through photos. The photo-sharing service is giving 20 retailers the ability to add tags to pictures to convey additional information such as prices and available colors. Brands participating in the trial run include Kate Spade and Warby Parker.
Consumer spending rebounded strongly in September, rising the most in three months as incomes also improved, the Commerce Department said this week. The 0.5 percent jump in personal consumption expenditures provided momentum for a key driver of the U.S. economy heading into the year's final quarter and could push the Federal Reserve closer to another small interest rate hike.
According to Tesla's Elon Musk, driverless car technology is a problem that's pretty much solved. As he's made clear numerous times, the regulators need to catch up. They might want to start moving faster, he says, because Tesla isn't slowing down.
California's proposed rules for self-driving vehicles got another road test last week, as vehicle makers and industry groups expressed concern at a public workshop that the Department of Motor Vehicles' regulations could slow development of the technology and conflict with more flexible federal guidelines.
Bank stocks have been shaken after a steep drop in China's exports made investors worry again about the health of the world's second-largest economy. U.S. stocks gradually recovered most of their losses as safer investments such as utilities traded higher, the Associated Press reported.
IBM's Watson, the computational genius that has bested "Jeopardy" champions, published a cookbook and even been unleashed in the fight against cancer, now has what is perhaps its greatest challenge: taking on the federal procurement morass.
After a disappointing holiday season, Macy's Inc. said Wednesday that it planned to cut about 4,800 jobs and close 40 stores as part of efforts to slash costs.
Spurred by numerous reports of drones flying near jets and airports, the federal government will require that the aircraft be registered to make it easier to identify owners and educate amateur aviators.
In the not-so-far-off future, teens won't bother getting driver's licenses, consumers will shun owning their own cars, and taxis will be replaced by "taxibots."