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.
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.
McDonald's is bringing back a festive dessert – but not everywhere
McDonald's is bringing back its festive Holiday Pie to the menu in certain U.S. cities.
How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Whoopi Goldberg claims bakery refused her service over political views
Whoopi Goldberg claimed bakery refused service because 'they did not like my politics.'
Genuine Joe's to reopen Saturday, plans to move locations
Genuine Joe's Coffeehouse announced earlier this month they were closing for good, but thanks to help from the community, they're reopening this weekend.
Airbnb promotion will let users play gladiator in Rome's Colosseum
A new deal between Airbnb and the Roman Colosseum will let eight people and their plus-ones participate in faux gladiator fights at the ancient amphitheater.
Advance Auto Parts closing over 700 locations following sluggish performance
Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
Nearly half of Americans say debt is affecting their health: Study
A new study reveals that household debt is increasingly becoming a source of stress for many Americans.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through.
Red Lobster's new menu ditches endless shrimp, but fan favorite returns
Red Lobster recently revamped its menu bringing back these popular food items to its restaurants.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
1.4M Honda vehicles under investigation following concerns of engine failure
The U.S. government's highway safety agency is conducting an investigation regarding claims that engines could fail on as many as 1.4 million Honda and Acura vehicles.
23andMe announces workforce cut of 40% before the holidays
DNA site 23andMe is now announcing a big cut just before the holidays – the latest setback for the struggling South San Francisco startup.
80,000 pounds of Costco butter recalled for lacking disclaimer about milk
The recalled 46,800 pounds of butter “list cream, but may be missing the Contains Milk statement," according to the FDA.