Lowe's to give $2.5M to small businesses hammered by Hurricane Helene
Lowe's will provide millions of dollars in funds to small businesses in its home state of North Carolina that are struggling to recover in the wake of Hurricane Helene.
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the country are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for bankruptcy protection in a matter of weeks after revived merger talks with Frontier Airlines fell through.
Inflation rises 2.6% in October, in line with expectations
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.
US retail closures hit highest level since pandemic
Estimates from Coresight Research highlight how retail closures this year reached the highest level since the COVID-19 pandemic. Retailers announced 6,481 store closures as of Nov. 8.
FAA halts US flights to Haiti after passenger jets hit by gunfire
Airlines have suspended operations to Haiti after Spirit and JetBlue airplanes were struck by gunfire. The State Department warned Americans not to travel to the country.
Home Depot sales see uptick from hurricane recovery
Home Depot reported better than expected sales during the prior three months as consumers relied on its products to help them recover from Hurricanes Helene and Milton.
Thanksgiving dinner 2024: How much you can save using store-brand products
Wells Fargo calculated the cost of a Thanksgiving meal for ten people. In two separate analyses, experts focus on the cost of name brand and store-brand to compared which is more cost effective.
California drivers brace for possible gas price hike after state regulators approve tighter climate standards
California drivers may soon see a surge in gas prices after state regulators approved tougher policies for reaching the Golden State's climate initiatives.
US craft distillers facing numerous headwinds as whiskey tariffs loom: 'We're not celebrating'
Craft distillers in the U.S. are facing several issues including higher distilling input costs and potential tariffs on American whiskey, according to experts.
American Freight closing all stores amid parent company's bankruptcy filing
American Freight is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.
Trump's tariffs would drive up consumer prices: National Retail Federation
National Retail Federation CEO Matthew Shay issued concerns about President-elect Trump's proposed tariffs, saying it could drive up prices and result in job losses.
Fed set to announce latest interest rate move in wake of Trump's election win
The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.
How Trump's second administration could affect gas prices
Energy analysts weigh in on the impact a second Trump administration could have on the oil and gas industry, and how policies might affect gasoline prices.
Dollar Tree CEO Rick Dreiling steps down, citing health concerns
Rick Dreiling, the chief executive of discount retailer Dollar Tree, abruptly stepped down on Sunday, citing health concerns as the reason for his resignation.
How the outcome of the election could impact your wallet
Bankrate senior economic analyst Mark Hamrick talked to FOX Business about if the outcome of the election will actually impact certain economic matters.
First-time homebuyers are older than ever before: National Association of Realtors
The share of first-time homebuyers slipped to its lowest level, about 24%, since the National Association of Realtors began tracking this data in 1981.
US economy added 12K jobs in October, well below economists' expectations
The Labor Department on Friday released the closely watched October jobs report, which showed that hiring slowed down as the economy added 12,000 jobs.
Why are consumers pessimistic about the economy while inflation is cooling?
American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy even as data shows the pace of price growth slowing.
Fed's favored inflation gauge showed price growth continued to slow in September
The Commerce Department released the latest data for the personal consumption expenditures index, which is closely watched by Federal Reserve policymakers and showed inflation cooled.