Foot Locker closing 400 shopping mall locations to prioritize better earning stores
Foot Locker also said it plans to open some free-standing shops targeting niche consumers such as sneakerheads, children and higher-income shoppers.
Amazon to cut 9,000 more jobs amid 'uncertain economy'
Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
Disney managers were given an April deadline to propose budget cuts and make a list of employees to be laid off.
Gas prices hold steady despite market turmoil: AAA
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
YouTube TV users will see 13% subscription price increase
The new price is $72.99 per month, up from $64.99.
Here's how much a $100,000 salary in NYC is actually worth
For most of us, a $100,000 salary may seem like a lot of money. But if you live and work in the New York metropolitan area, it doesn't go very far.
Kellogg will split into two companies. Here are the names
Products put out by the companies will continue to sport the Kellogg’s brand on the packaging.
This week's private student loan interest rates soar for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
T-Mobile acquires Ryan Reynold's Mint Mobile in $1.35 billion deal
“I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile." Reynolds said in a tweet.
Nike to end sales of kangaroo-based sneakers
Nike is launching a new soccer shoe this summer featuring a material that replaces the use of kangaroo leather.
Buffalo Wild Wings sued over claim that boneless wings are nuggets: What’s the difference?
Buffalo Wild Wings advertises its boneless wings as “juicy all-white chicken” that is lightly breaded.
Facebook parent Meta to lay off 10K workers
Facebook-parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
Will the Silicon Valley Bank collapse trickle from Wall Street to Main Street?
A run on deposits at Silicon Valley Bank and Signature Bank have caused concern at other regional banks that lend heavily to small and mid-size businesses.
'I'm feeling helpless and unmoored': Etsy sellers go unpaid after Silicon Valley Bank collapse
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Good News: Student loan refinance interest rates edge down for 5-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Biden tells US to have confidence in banks after 2 collapse
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
Silicon Valley Bank crisis: Feds move in to help
In an effort to shore up confidence in the banking system, the Treasury Department, Federal Reserve and FDIC said that all Silicon Valley Bank clients would be protected and able to access their money.
BP CEO pay doubles to $12M as energy profits surge
BP's profit doubled to $28 billion as Russia’s invasion of Ukraine sent oil and gas prices soaring.
Vinyl outsells CDs for the first time since 1987
Vinyl albums sold 41 million copies, versus just 33 million for CDs.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.