Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors. If there’s one takeaway from results posted by the largest U.S. retailers over the last few weeks, it’s that shoppers are…
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that…
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020,…
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream…
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment 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…