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.
California restaurant owner potentially facing more closures
Mollie Engelhart had to close down three Sage Regenerative Kitchen restaurants in Los Angeles. She is worried she will have to shutter the final two which are 'barely hanging on.'
Private sector job growth surges in October, ADP says
Companies in the private sector added 233,000 jobs in October, payroll processing firm ADP said on Wednesday. The figure was well above economists' estimates.
US airlines have to automatically refund travelers for canceled, 'significantly changed' flights: What to know
The Department of Transportation announced that its automatic refund rule has taken effect, making it easier for passengers to understand when they can obtain a refund.
JPMorgan Chase's Jamie Dimon says 'time to fight back' against bureaucrats
JPMorgan Chase's Jamie Dimon was interviewed during an annual bankers convention in New York City, where he discussed an "onslaught" of regulation.
Tom Holland's Bero taps into surging non-alcoholic beer market
The non-alcoholic beer market has rapidly grown in recent years with some industry experts saying the segment may continue to grow much faster than regular beer.
Spirit Airlines plans to sell planes, cut jobs
Spirit Airlines announced in a regulatory filing this week that it agreed to sell some of its planes and plans to cut its workforce as it seeks to raise cash.
Amazon brings gas benefit to Prime membership
E-commerce giant Amazon on Wednesday brought a fuel savings benefit to its Prime membership that will knock 10 cents off each gallon of gas they purchase at about 7,000 U.S. gas stations.
Existing home sales fall to lowest level since 2010
Sales of previously owned homes dropped to a 14-year low in September, as rising mortgage rates and high home prices continue to fuel an affordability crisis.
Target cutting prices on 2,000 items ahead of holiday shopping season
Target is implementing price cuts on thousands of its in-house and national brand items in an effort to drive traffic at its stores and online during the holiday season.
McDonald's is in the spotlight lately: what is the hourly pay for employees?
McDonald's raised wages for its employees at corporate-owned restaurants over the past three years. It pledged that company-owned restaurants would increase to $15 an hour by 2024.
Buybuy Baby closing all stores, shifting to online-only business model as part of 'strategic reset'
Buybuy Baby, once owned by Bed Bath & Beyond, is shuttering all of its physical stores and shifting to an online-only business model as part of a "strategic reset."
Blue state regulators could hike price at pump just days after election, GOP lawmakers warn
Californians, already facing the nation's highest gas prices, may see more pain at the pump if the California Air Resources Board's proposed changes to the low carbon fuel standard pass.
Colsen fire pits sold at Amazon, Walmart recalled after multiple burn injuries: report
The U.S. Consumer Product Safety Commission on Thursday announced that approximately 89,500 Colsen-branded fire pits have been recalled after a couple of dozen people have been injured from flames escaping the container.
Major paint company to lay off 1,800 workers, close facilities
PPG is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.
Airbnb unveils new co-host network to boost number of listings on platform
Airbnb released a number of updates on Wednesday, including a new co-hosting network aimed at increasing the number of listings available on the platform.
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.
Oil and gas trade group decries Gov. Newsom's 'personal insults' in wake of bill designed to lower pump prices
California Gov. Gavin Newsom signed a law Monday to combat the increasing gas prices across the state as driver complain of high prices at the pump.
California Gov Newsom signs bill to combat surging gas prices: Big Oil has 'been fleecing you for decades'
Gov. Gavin Newsom signed a bill to combat rising gas prices in California soon after state lawmakers passed legislation in a special session.
Bath & Body Works apologizes for candle after alleged likeness to Ku Klux Klan hood stirs controversy
Bath & Body Works is rushing to pull a holiday-themed candle from its shelves after some online users said its label was reminiscent the white hoods synonymous with the Ku Klux Klan.