Business

Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy…

Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers…

American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some…

The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by Front Office…

If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait. On Wednesday,…

Winter weather can cause bigger headaches for electric vehicle drivers than shoveling their driveways. Many are finding cold temperatures reduce their cars’…

The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to…

Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according…

After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate is now expected to end the year below…

The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft protection plans. The independent…