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,…
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would…
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and…
A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of…
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,…
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream…