Business

By Lucia Mutikani WASHINGTON (Reuters) - U.S. labor costs rose less than expected in the fourth quarter and the annual increase was the smallest in two years, signs of moderating wage inflation that could give the Federal Reserve room to start cutting interest rates...

By Jonathan Stempel (Reuters) -EBay agreed to pay $59 million and upgrade compliance measures to resolve U.S. Department of Justice allegations it didn't try hard enough to stop criminals from buying devices for making counterfeit drugs, including pills laced with...

By Niket Nishant (Reuters) -Mastercard beat Wall Street estimates for fourth-quarter profit on Wednesday, as the payments processor benefited from resilient consumer spending during the holiday shopping season. The report capped a robust year for the company as hopes...