Pier 1 said it will leave the business and permanently close its 540 stores. The Texas-based company said Tuesday it could not find a buyer for its business...
Category - Economy
The Federal Reserve is creating an emergency lending program to help unblock a short-term credit market that has been disrupted by the new coronavirus outbreak...
Online retailers are under a special type of stress this holiday season that accompanies their ambitious promises of one-day package delivery. Amazon and...
US equities fell on Thursday, limiting a three-day loss for the market as investors’ concerns over the trade war persist. The Dow fell 54 points, or 0...
Shares of major drug dealers are on the rise following a report that they have made an offer to resolve opioid crisis disputes. Two people with knowledge of...
Arby’s parent company is buying Jimmy John’s Sandwiches, hoping to reverse slow sales to the chain. Atlanta-based Inspire Brands said Wednesday...
Federal Reserve Chairman Jerome Powell warned Wednesday of the threat of a prolonged recession as a result of the viral outbreak and urged Congress and the...
As vaccinations continue in the United States, some companies are offering financial incentives to encourage their workers to get vaccinated. Instacart Inc...
Shares fell sharply on Wall Street on Monday as a worrying rise in the number of coronavirus cases in the US and Europe threatens the global economy. On Monday...
Macy’s said Thursday it will lay off 3,900 corporate employees, about 3 percent of its total workforce, as the pandemic financially affects the famous...