Economy
Walmart workers are getting raises
Workers at America’s largest private employer will soon be getting raises. Walmart announced last week that the average salary for...
Read moreDecember home sales slump to close out their worst year since 1995
Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78...
Read moreMacy’s to cut more than 2,300 jobs and close five stores
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as...
Read moreAmericans are feeling optimistic about the economy again, with some exceptions
American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of...
Read moreWayfair to lay off 13% of workforce, affecting 1,650 employees
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut...
Read moreS&P 500 hits all-time high, surpassing previous record set in 2022
The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market...
Read moreMass layoffs hit Sports Illustrated staff
The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by...
Read moreA Burt’s Bees, Hidden Valley Ranch lip balm collaboration has already sold out
If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait....
Read moreElectric vehicle owners face the cold truth as temperatures plummet
Winter weather can cause bigger headaches for electric vehicle drivers than shoveling their driveways. Many are finding cold temperatures reduce...
Read moreMortgage rates are expected to fall below 6% this year, according to Fannie Mae
After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate is now expected to end the...
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