China announces ban on rare minerals to US: What that means for you
The Chinese Commerce Ministry made the move after the U.S. expanded a list of Chinese companies subject to export controls like computer chip-making equipment and software.
Cargill to lay off thousands of workers amid falling commodity prices
The largest private company in the U.S. is trimming its global workforce as it faces pressure related to lower commodity prices.
Trump vows to block Nippon Steel’s $14B takeover of US Steel
President-elect Donald Trump pledges to stop Nippon Steel’s $14 billion purchase of U.S. Steel, emphasizing national security and domestic ownership concerns.
Vodka maker Stoli Group USA files for Chapter 11 bankruptcy
Stoli Group USA is 'currently facing significant balance sheet and liquidity challenges,' according to a court filing.
Is Enron making a comeback? Here's what we know
Enron, the Houston-based corporation that once dominated the energy sector before its infamous collapse in 2001, now claims to, according to its website, focus on sustainability, innovation, and ethics in addressing critical energy challenges.
Costco will stop selling popular item year-round in January in most US stores: reports
The discount store chain plans to keep the year-round book section in about 100 of its 600-plus US stores, according to a report.
Trump's proposed tariffs could drive up food prices, experts say
A critical concern among economists is that President-elect Donald Trump's proposed blanket tariffs on imports would drive up food prices.
Black Friday 2024: Your guide to scoring the best deals
Whether you’re hunting for tech, home goods, or holiday gifts, here’s what you need to know to navigate Black Friday 2024:
Walmart to roll back its DEI policies
Walmart has become the latest – and the largest company – to announce it will be rolling back its diversity, equity and inclusion policies.
Many consumers stay with their banks for years unless persuaded by other bank incentives
AI and online-only perks aren't what some bank customers wants, but satisfaction with brick-and-mortar banks is declining.
Charlotte airport workers strike as busy Thanksgiving travel week begins
Workers are walking off the job Monday as they push for better pay with the Thanksgiving holiday travel season expected to be one of the busiest in recent memory.
More than 10% of South Korea's workforce is now robotic, survey finds
Robot adoption in factories around the world continues at a rapid pace. Here's where the U.S. ranks.
Walmart warns of higher prices if Trump implements proposed tariffs
The National Retail Federation projected that potential tariffs could cost American consumers between $46 billion and $78 billion in annual spending power.
Target quarterly results fall as holiday discounts and dockworker strike hit profits
Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.
Asset management giant buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.
Map: How much of a restaurant worker's income comes from tips
Restaurant employees rely on the kindness of customers when it comes to tips, which can make up a sizable portion of their take home pay based on findings in a new report.
Trump stimulus checks: Will they be issued? Could you receive one?
Viral social media stories and posts that claim taxpayers in some states will receive a $2,000 (or more) government stimulus check as the holiday season begins are again making the rounds online.
America’s casual dining ‘heydays are over’ as experts reveal next restaurant chains to rise and fall
With several casual restaurant chains facing financial hardships, experts are weighing in on what this could mean for the industry.
How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.