Discount retailer Burlington is planning to open more than two dozen stores in 20 states this month as the company continues to expand its footprint with over 1,000 locations around the country. The company in March said that it planned to open 110 net new stores, plus a new distribution…
New Disney CEO Josh D’Amaro outlined a new growth strategy for the entertainment giant as the company announced its quarterly results, which includes a focus on investing in content as well as technology. D’Amaro, who succeeded former Disney CEO Bob Iger in mid-March, said in a letter to shareholders that…
As the U.S. approaches its 250th anniversary, small businesses remain a cornerstone of the American economy, employing nearly half of the private sector workforce and powering communities across the country. On Staten Island, that story is playing out in real time for restaurant owner Rob DeLuca.DeLuca didn’t initially plan on…
Companies in the private sector added 109,000 jobs in April, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 99,000 jobs. The prior month’s payrolls number was revised lower to a gain of 61,000 from an initially reported gain of 62,000. Which industries…
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Budget airlines are seeking help from the federal government amid the surge in jet fuel prices that prompted Spirit Airlines…
close video President Donald Trump said on Friday that the U.S. gave Spirit Airlines a final bailout proposal to aid…
Fidelity and Vanguard’s charitable arms have reportedly paused grants to the Southern Poverty Law Center (SPLC) through their donor-advised funds…
Apple CEO Tim Cook says he is stepping down after 15 years as chief executive because three key factors aligned:…
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Several U.S. restaurant chains are reporting weaker than expected sales growth in the latest quarter as high gasoline prices squeeze consumers’ budgets. Gas prices have surged amid the war in Iran, with average gas prices reaching $4.45 a gallon around the country, an increase of…
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The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn’t been crossed since the conclusion of World War II. Data released by the Bureau of Economic Analysis on Thursday showed that the national debt held by the public reached $31.27 trillion as…
U.S. economic growth rebounded in the first quarter of the year from a sluggish fourth quarter, according to the Commerce Department’s latest estimate. The Bureau of Economic Analysis (BEA) on Thursday released its advance estimate of first-quarter GDP, which showed the economy grew at an annualized rate of 2% in…
This story about the March 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s preferred inflation gauge remained stubbornly high in March as consumers continued to face elevated price growth.The Commerce Department on Thursday reported that the personal consumption expenditures (PCE) index rose 0.7% on a…
FedEx and UPS said they will return tariff refunds to customers after a Supreme Court ruling opened the door to potentially billions of dollars in reimbursements tied to Trump-era import taxes. The companies said they plan to pass along any recovered funds as the federal government begins processing refund claims…
BAYOU LA BATRE, Alabama — Many American shrimpers are keeping their shrimp boats docked with an empty tank ahead of shrimping season as high fuel prices and tariff refunds hit the industry with a “double whammy.” Rising diesel costs — driven in part by geopolitical tensions affecting global oil supply —…
Nearly 13,000 toddler towers across three brands were recalled after dozens of incidents and 21 injuries were reported due to the stools collapsing or tipping, according to federal regulators. The three affected products — Toetol Tower Stools, Wiifo Children’s Tower Stools and Amzcmj DGD Children’s Tower Stools — total about…
Federal Reserve Chair Jerome Powell on Wednesday announced he will remain a member of the Fed’s Board of Governors after his term as chairman ends next month, though he added that he won’t be a “shadow Fed chair.” The outgoing Fed chair hosted his final news conference after the Federal…
This story about the Federal Reserve’s April interest rate decision is developing and will be updated with further details. The Federal Reserve on Wednesday announced it will leave interest rates unchanged amid concerns about inflation rising further amid the war in Iran.Fed policymakers voted to leave the benchmark federal funds rate…
The AAA national average price for regular gas has soared to $4.229 as of Wednesday, the highest notched so far during the ongoing tensions between the U.S. and Iran. While that number is more than a dollar higher than the AAA national average of just $3.161 a year ago, it…
A new proposal would allow Social Security beneficiaries to continue working without having their benefits diminished, which could make it easier for retirees to pay off their mortgages or more easily handle other expenses like property tax burdens. The Senior Citizens’ Freedom to Work Act was introduced in Congress earlier…
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