Holiday spending projected to hit new record this year

Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.

Big Lots to shutter more than 50 retail locations

Big Lots aims to permanently close the doors of more than 50 stores in numerous U.S. states.

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 United Kingdom. Earlier closures this year were due to underperformance.

Walgreens to close 1,200 stores across country

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss.

Inflation sees the lowest annual rise since 2021

The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported.

Could Red Lobster's endless shrimp return? New CEO weighs in

Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward bankruptcy.

Pink Floyd sells music for $400 million - see who else has made huge deals

Pink Floyd is the latest to participate in an ongoing trend of big acts and their rights holders making deals to sell their back-catalogs for a big sum. See who else has cashed in.

Taxpayers in these 24 states will be able to file their returns directly with the IRS

The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.

Will the US port strike raise gas prices? What you need to know

Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.

Strike at ports update: 45,000 stop work along East Coast, Gulf docks

A union contract involving 45,000 dockworkers lapsed on Monday, kicking off a strike that could shut down ports across the East and Gulf coasts. Here's how it could impact you.

Port workers strike turns violent in Baltimore

The port workers strike turned violent in Baltimore Tuesday just hours after the contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight.

Port strike: Dockworkers at East and Gulf Coast ports walk picket lines over wages, automation

Dockworkers at ports from Maine to Texas have started walking picket lines in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.

Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

US ready to crack down on cheap shopping site beloved by American bargain hunters

The House Intelligence Committee is requesting a briefing from the FBI and Securities Exchange Commission on Chinese Communist Party-linked e-commerce company Temu and its parent company Pinduoduo (PDD) amid concerns of exploitation of U.S. data.