Saks Fifth Avenue's parent company to buy rival Neiman Marcus
Both Saks and Neiman Marcus have seen declining sales as shoppers shift their spending from luxury goods to experiences like travel and upscale restaurants.
Federal judge partially blocks FTC noncompete ban: Reports
A federal judge in Texas partially blocked a ban issued by the U.S. Federal Trade Commission that would bar employees from taking jobs with competitors, according to multiple reports.
Less than a third of Americans approve of how Biden has handled student loan debt
Borrowers with student loans find student loan debt forgiveness important, but not all approve of how loans have been handled.
Costco flushable wipes settlement has wholesale giant paying $2M
Costco has agreed to pay $2 million to "resolve the false advertising class action lawsuit."
Here's how much money Americans have to make to feel rich, according to survey
A new survey reveals that few Americans are making the kind of money they feel they need to live comfortably or be considered rich.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
John Deere is reportedly slashing positions for hundreds of employees in the Midwest by the end of summer.
CDK cyberattack still affecting car dealerships across the country
Car dealerships across the country have reverted to pens and paper amid a massive cyberattack on its software provider, CDK.
Here's how much debt the average consumer has, and where it's the worst
Researchers analyzed credit reports in the 100 largest U.S. metropolitan areas to show where consumers have the highest balances.
Walgreens planning to close significant number of US stores, CEO says
Walgreens is planning to close a significant share of U.S. stores, CEO Tim Wentworth of parent company Walgreens Boots Alliance told the Wall Street Journal.
Fathers earned 31% more in annual wages than mothers in 2023, study finds
A recent study shows that in 2023, fathers earned 31% more than mothers, underscoring the persistent "motherhood penalty" in the workforce.
More than 40% of Americans have no clue what a 401k is, survey finds
More than one-third of respondents confessed to not knowing the term “interest” in a financial context.
Some UPS drivers still waiting for air conditioning in trucks as temperatures soar nationwide
Some UPS drivers are still waiting for air-conditioned trucks as some areas around the country face sweltering heat just days into the official summer season.
Hooters is closing several 'underperforming' US locations
Hooters is closing several "underperforming" restaurants across the U.S., joining a growing list of dining chains facing tough times.
Half of Americans work while on vacation, and feel guilty for taking one
Experts weigh in on why many American workers cannot unplug from their job.
Limited Too, early 2000s mall favorite of preteens, teases a comeback
Limited Too, a tween clothing retailer known for its bright, funky style, has reemerged on social media with an announcement of a comeback.
Major retailers closing doors amid inflation, lower consumer demand
Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.
Rite Aid to close over two dozen stores amid bankruptcy proceedings
Rite Aid filed a “notice of additional closing stores" identifying 27 locations in Michigan and Ohio that it has added to the chopping block.
Iconic American companies that aren't in America anymore
Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.
Forecasters project active hurricane season as homeowners remain unprepared for damages
Homeowners are also willing to spend more than $1,000 to prepare their homes against hurricanes, but a majority have no plan ahead of this year's hurricane season, according to a recent survey.
JetBlue to soon allow free carry-on bag with basic economy ticket
JetBlue said its Blue Basic fare will soon include a free carry-on bag. Here’s what to know.