American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak operations. Still, its fiscal first-quarter sales came in weaker than Wall Street expected. While revenue came in slightly below estimates, it was 6% higher than the year ago period and…
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate…
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to…
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s…
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is…
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself…
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven…
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags.…
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates,…