Coronavirus

The US consumer is starting to freak out

The share of monthly income Americans set aside for savings was 3.4% in December, down from 7.5% a year earlier and from a record high in April 2020.

Serta Simmons files for bankruptcy

Serta Simmons Bedding has filed a pre-arranged bankruptcy though it says business fundamentals remain strong despite financial challenges from a slumping mattress industry.

Dollar Tree CEO Mike Witynski to step down

Dollar Tree Inc. announced on Tuesday that CEO Mike Witynski would step down from the board and leave the company. Rick Dreiling will assume the role of chief executive.