Discount retailer Dollar Tree is opening new stores in increasingly affluent areas as it seeks to attract higher-income customers who spend more at the store per trip, a new report finds. An analysis by Bloomberg News found that 49% of new Dollar Tree stores opened in the last six years were located…
Gas prices have surged in California in recent weeks as the state’s supply is constrained due to recent reductions in refining capacity. The price of gas rose 40 cents in about two weeks, with the average price of gas across the state of California at $4.58 a gallon – an increase…
A nationwide recall has been issued for a baby fruit purée after federal testing found elevated levels of patulin, a toxin that can pose health risks with prolonged exposure. Initiative Foods announced Friday that it is recalling one lot of its “Tippy Toes” Apple Pear Banana Fruit purée following the…
Americans who live alone are paying a five-figure “singles tax” amid rising rents around the nation, a new analysis finds. Data from Zillow shows that the typical apartment rent is currently $1,745 and has risen 30% over the last five years, which represents a significant burden for renters who live alone…
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Ford on Tuesday posted its largest quarterly loss since 2008 amid losses in the automaker’s electric vehicle (EV) division, as…
Kraft Heinz is pumping the brakes on plans to break up the company, with its new CEO saying the food…
Actress Sydney Sweeney rang the opening bell at the New York Stock Exchange (NYSE) on Monday alongside American Eagle Outfitters Chairman…
The Dow Jones Industrial Average closed above 50,000 points for the first time on Friday as stocks rallied in response…
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Washington skeptics were quieted Wednesday morning as the January jobs report beat expectations, revealing a resilient American workforce that added 130,000 jobs to start the year. While experts predicted a winter chill for hiring, the 4.3% unemployment rate tells a different story — one of…
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American Airlines’ leadership is facing a rare public rebuke from within its own ranks as the unions representing flight attendants and pilots have publicly questioned and criticized CEO Robert Isom’s leadership. The Association of Professional Flight Attendants (APFA) on Monday issued a vote of no confidence in Isom. The union,…
Chipotle CEO Scott Boatwright suggested in leaked audio that the company would begin focusing on customers who make more than $100,000 per year, indicating further price hikes. During a recent earnings call, Boatwright said 60% of customers earn more than $100,000 a year and that he wants to “lean into…
President Donald Trump on Friday signed an executive order to expand beef imports from Argentina as consumers face higher prices amid supply constraints impacting the U.S. cattle industry. Trump’s order implements a trade framework he reached with Argentina in November that aims to increase beef imports to help mitigate the surge…
Players who will take the field for Super Bowl LX on Sunday will face a significant tax bill due to the game’s location triggering what’s known as a “jock tax.” Super Bowl LX will be played in Santa Clara, California, and the Golden State is one of a number of states…
The recent surge in gold and silver prices to record highs will make the medals awarded at the 2026 Winter Olympics the most expensive in history. The Milan Cortina 2026 Winter Olympics officially begin on Friday and the value of the gold and silver medals that will be awarded to the winners…
The Dow Jones Industrial Average topped 50,000 points for the first time on Friday as investors rallied in response to a rout in tech stocks earlier in the week. The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session after rising more…
Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis – the parent company of brands including Chrysler, Jeep, Dodge and Ram – became the latest…
Mortgage rates ticked higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage increased to 6.11% from last week’s reading of 6.10%. The average rate on a 30-year loan was 6.89% a year…
Wall Street giant Citi on Thursday informed the company’s U.S.-based employees that the firm plans to match the federal government’s seed contribution to newborns’ Trump Accounts, and will also donate to efforts to boost participation. Citi sent an internal message that was reviewed by FOX Business and notified employees that…
U.S. employers’ announced job cuts surged in the month of January and hit the highest level since 2009, a new report shows. Global outplacement and executive coaching firm Challenger, Gray & Christmas found that employers announced 108,435 job cuts in January – an increase from the 49,795 cuts announced in the…
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