American consumers see debt delinquency risk rising, higher long-term inflation: NY Fed
The New York Fed found that consumers' expectations about missed debt payments edged higher in September for the fourth consecutive month, as some may face increased budget pressures.
Holiday spending projected to hit new record this year
The largest retail trade group in the U.S. expects holiday spending to grow modestly despite a shortened shopping period and economic toll from two hurricanes.
Tim Walz ranks dead last among governors for fiscal restraint
Minnesota Gov. Tim Walz, who is Vice President Kamala Harris' running mate, has the worst record on fiscal responsibility of any governor in the U.S., according to a new report.
TGI Fridays closes a dozen stores across America in just one month
A dozen U.S. TGI Fridays locations have closed in the last month, as the brand also shutters 35 stores in the U.K. Earlier closures this year were due to underperformance.
Walmart US CEO says retail giant is doing 'everything' it can to keep prices lower
Though consumer inflation concerns persist, Walmart U.S. President and CEO John Furner ensures that the retailer is doing "everything" it can to keep prices low.
Disney fans blast 'obscene' prices at new cake shop: 'Shockingly offensive'
A new cake shop coming to Disney's Florida theme park is being criticized for its high prices, with fans calling the cost of food items "obscene" and "offensive."
Starbucks scales back discounts as new CEO seeks turnaround
Starbucks has been pulling back recent promotions as it works to turn around the company under new leadership. Brian Niccol took over the helm in August.
Florida restaurateur rebuilding after Hurricane Helene: 'An absolute gut punch'
Small business owners with locations on Florida's Gulf Coast are facing thousands of dollars' worth of damage after Hurricanes Helene and Milton hit the area.
The Harris-Walz plan wants to 'increase spending, attack supply': Kevin Hassett
Former White House Council of Economic Advisers Chairman Kevin Hassett disagrees with some economists' predictions that Trump's economic plan adds more to national debt versus Harris' platform.
Latest economic data shows consumer remains ‘resilient’: Gerard Cassidy
RGC Capital Markets managing director Gerard Cassidy shares his expectations for bank earnings on ‘Mornings with Maria.’
Walmart CEO: We're keeping 'our eye on value' and helping people 'save money'
Walmart U.S. President and CEO John Furner details the company's philanthropic efforts for hurricane aid, how they're 'keeping prices low' and expanding the brand's presence.
Bond market is telling investors things won't be 'that bad': Lee Munson
Portfolio Wealth Advisors President and CIO Lee Munson looks ahead to bank earnings, Fed rate decisions and oil prices amid Middle Eastern conflict.
Middle-income households with negative views of their personal finances surges to new high
A majority of U.S. households with incomes between $30,000 and $130,000 rate their personal financial situations negatively, a new survey from Primerica shows.
Bentonville, AR is growing rapidly, which has fueled a hot real estate market
Bentonville, Arkansas, has been experiencing major growth in recent years. Its real estate market has become a hot spot alongside the city’s growth.
Florida restaurant owner aims to reopen soon after hurricanes: ‘Beacon of hope’
Restaurant owners at St. Armands Circle in Sarasota, Florida, were hit hard by Hurricane Helene. One owner is determined to reopen within a matter of weeks.
7-Eleven shutting down nearly 450 underperforming stores across North America
Nearly 450 7-Eleven stores across North America are closing due to underperformance, according to the company, which did not disclose which stores will be closing.
Economist Torsten Slok predicts Fed will not be cutting rates much more
Apollo chief economist Torsten Slok weighs in on a number of economic topics on ‘Barron’s Roundtable.’
More than 2M infant swings recalled after 5 deaths
Fisher-Price and the Consumer Product Safety Commission are recalling all models of the Sunga Swings after five infants reportedly died while sleeping in the seats.
Jamie Dimon warns of 'critical issues' that could affect US economy
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third-quarter earnings report.
US producer prices unchanged in September
The unchanged reading in the producer price index for final demand last month followed an unrevised 0.2% gain in August, the Labor Department's Bureau of Labor Statistics said Friday.