Election shrinks calendar for rate cuts: Steve Chiavarone
Federated Hermes senior portfolio manager Steve Chiavarone assesses retail earnings, the 2024 Fed rate cut outlook and the January durable goods report.
Macy's to close 150 stores by 2026, open new Bloomingdale's, Bluemercury locations
Macy's will close 150 stores by the end of 2026 as it cuts out underperforming locations, the company announced Tuesday.
Family Dollar pleads guilty to holding consumer products in 'rodent-infested warehouse'
According to the lawsuit filed back in 2022, state and federal inspections show Family Dollar had known of the rodent infestation at its facility since at least January 2020.
Krispy Kreme announces sweet Leap Day deal: How to score discounted donuts on Feb. 29
Krispy Kreme will offer customers discounted donuts on Leap Day to celebrate the once-every-four-year occasion. See what you can do to grab a dozen deal!
Why Costco hot dogs have kept $1.50 price tag since 1985
Costco has kept the cost of its hallmark hot dog and soda combo at just $1.50 for its members nationwide since 1985 despite rising food prices elsewhere.
San Francisco hardware store escorting all shoppers due to recurring smash-and-grabs
Fredericksen Hardware & Paint, a generation-old home improvement store in San Francisco, is being forced to provide a staff escort for each customer as theft threatens the business. (KTVU)
Over 120K gun safes recalled after reports of faulty biometric lock allowing unauthorized users to open
About 120,520 gun safes from four different companies have been recalled after reports of faulty biometric locks allowed unauthorized users to open them.
Amazon employees evacuate after fire breaks out near Illinois fulfillment center
Work at an Amazon fulfillment center in a suburb of Chicago appears to have resumed, after employees had evacuated due to a fire Thursday morning.
Investors who thought the AI boom was slowing can ‘think again’: Kevin Mahn
Hennion & Walsh Asset Management President Kevin Mahn breaks down Nvidia's better-than-expected sales and earnings data and previews the retail earnings report.
Dunkin' debuts caffeinated energy drink after Panera Charged Lemonade controversy
Dunkin' has launched a new energy drink. This comes months after Panera faced issues with its own caffeinated drink, "Charged Lemonade," which has been named in three lawsuits.
Over 15M Toshiba laptop adapters recalled after reports of overheating, catching fire
Millions of AC adapters sold with Toshiba-brand personal laptop computers are being recalled due to concerns that they can "overheat and spark, posing burn and fire hazards."
Stanley cups maker facing multiple lawsuits over presence of lead in tumblers
The maker of the popular Stanely drink tumblers is being sued by consumers alleging they were deceived about the presence of lead in the products.
It's clear the consumer is saving less, will eventually have to 'pay the piper': Gerald Storch
Storch Advisors CEO Gerald Storch weighs in on Walmart earnings, 2024 retail sales, consumer behavior, his outlook on buy-now-pay-later, recession fears and the Chinese company Temu.
Starbucks accused by labor coalition of 'broken' union strategy
The Strategic Organizing Center, a coalition of labor unions, is claiming that Starbucks has lost its way when it comes to dealing with its multi-yearlong battle with labor issues.
Three people steal $51K worth of items from NYC Gucci store
The NYPD is searching for two men and woman who stole $51K worth of merchandise from the Gucci store in New York City's Meatpacking District. (CREDIT: NYPD)
Marc Lore shares big plans for food delivery startup Wonder
Former Walmart exec Marc Lore on the growth of his food delivery startup Wonder and plans to expand its brick-and-mortar footprint.
Trump introduces 'Never Surrender High-Tops' priced at $399, day after $350M court ruling
Former President Donald Trump introduced a new shiny gold sneaker called "Never Surrender High-Tops," of which only 1,000 were made, and are already sold out.
Presidents Day deals to snag today at Amazon, Walmart and other retailers
Retailers like Amazon, Walmart and Target are offering steep discounts in Presidents Day sales on everything from appliances to mattresses, clothing household items and more.
Consumer spending and debt are up as US economy begins rebound
Credit card debt rose due to consumer spending, but the economy is starting to rebound also in part to higher spending.
7 groceries at Costco you're likely overpaying for, expert says
Costco's prices are key for bulk buyers, but one food shopping expert says that some groceries may be found with better deals at local supermarkets.