Consumer stocks drove the major U.S. indexes to record highs on Black Friday, the day marking the start of the holiday shopping season. Fred Katayama reports.

How two families at opposite ends of the economic spectrum were affected when a suffocating cloud of pollution settled over the city this month.

Engineers in Turkey are auctioning off a real-life transforming car that would make even Transformers director Michael Bay jealous.

Britain’s biggest carmaker Jaguar Land Rover says it wants to build electric cars in Britain in what would be a further boost to the UK automotive sector after the Brexit vote. David Pollard reports.

Macy’s offers bigger discounts to attract shoppers, trying to compete with online retailers. Fred Katayama reports.

American Express will raise the penalty for late payments to as much as $38. As Fred Katayama reports, the move comes after the CFPB raised the maximum penalty allowed.