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Categories Economy

As their customers age, department stores chase younger shoppers

Author May 21, 2024

Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise

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Categories Economy

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Author May 21, 2024

Wendy’s will offer a $3 breakfast combination meal starting Monday, as restaurant chains look for new ways to drive sales while consumers pull

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Categories Economy

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

Author May 20, 2024

SEATTLE — Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale national brand,

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Categories Economy

The lunch rush is dead as Americans live for the weekend

Author May 20, 2024

More consumers are saving their workday lunch money to burn when they’re off the clock. The rise of hybrid work has kept many

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Categories Economy

Chevy Bolt owners to receive settlement checks after successful class-action suit over faulty batteries

Author May 20, 2024

Chevy Bolt owners are eligible for settlement checks as part of a $150 million class-action settlement with General Motors and South Korean

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Categories Economy

Dow closes at record high above 40,000 to cinch a five-week winning streak

Author May 19, 2024

The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark

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Categories Economy

Some consumers are punting big purchases like pools and mattresses

Author May 19, 2024

Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. Corporate executives

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Categories Economy

Frontier Airlines does away with change fees in budget airline pricing overhaul

Author May 19, 2024

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Categories Economy

As Tesla layoffs continue, here are 600 jobs the company cut in California

Author May 18, 2024

As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees

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Categories Economy

The Dow just hit 40,000. Here’s a look at how it got here.

Author May 18, 2024

The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago. A trader at the New York Stock Exchange on Thursday,

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