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Categories Economy

Rite Aid shutting down 27 more locations, bringing closure total to nearly 550 nationwide

Author June 24, 2024

Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing.

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Categories Economy

Forever 21 seeks rent concessions as fast-fashion brand faces financial woes

Author June 24, 2024

Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep

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Categories Economy

Paris seeing signs of strong travel demand ahead of Summer Olympics — but plenty of deals remain

Author June 24, 2024

The 2024 Summer Olympics in Paris are set to see plenty of attendees — but travel data shows there are still opportunities for

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Categories Economy

More than half a million portable device chargers sold at Costco recalled after two homes catch fire

Author June 24, 2024

More than half a million portable electronic device chargers sold exclusively at Costco are being recalled after reports they can overheat and

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Categories Economy

Pennsylvania Sen. Casey warns Amazon, Target and Walmart over ‘greedflation’ pricing

Author June 24, 2024

Pennsylvania Sen. Bob Casey has sent letters to Amazon, Target and Walmart over concerns that pricing decisions made at the retail giants

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Categories Economy

Polls say older voters want Social Security protections. Yet parties are tied for their support.

Author June 24, 2024

Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be

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Categories Economy

LongHorn up, Olive Garden down: Darden earnings hint at dinings sales drag

Author June 24, 2024

Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is

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Categories Economy

Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%

Author June 24, 2024

Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the

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Categories Economy

Why competition in the housing market is cooling off

Author June 17, 2024

More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings

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Categories Economy

Stock splits are back in fashion. Here’s why, and which companies could be next.

Author June 17, 2024

Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with

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