President Donald Trump has nominated former Fed governor Kevin Warsh to succeed Jerome Powell as Chair of the Federal Reserve, a move that could reshape U.S. monetary policy pending Senate confirmation.
Nearly 70% of middle-income Americans are struggling with the rising cost of living, prompting increased reliance on savings and credit card debt, according to new data.
Federal prosecutors have indicted First Brands founder Patrick James and his brother on fraud charges tied to deceptive financing practices that contributed to the auto parts supplier’s bankruptcy.
Placer.ai’s data shows U.S. retail visits spiked two days before Winter Storm Fern hit, with Bentonville’s shoppers rushing to stock up on essentials ahead of heavy snow and ice.
UPS has permanently retired its MD-11 aircraft fleet following a fatal crash in November, incurring a $137M charge while preparing to add 18 Boeing 767s over the next 15 months to maintain air capacity.
Tesla will end production of its long‑running Model S and Model X vehicles next quarter, reallocating factory capacity to focus on the Optimus humanoid robot program as part of CEO Elon Musk’s strategic shift toward robotics and autonomy.
Home Depot has revealed plans to eliminate approximately 800 corporate jobs tied to its Atlanta area operations and will require remaining corporate staff to return to the office five days a week beginning April 6, as part of a broader effort to streamline operations and boost agility.
Amazon has confirmed plans to cut 16,000 corporate jobs, offering impacted employees transitional support, including internal job search opportunities, severance pay, health benefits, and outplacement assistance as part of broader restructuring efforts.
Tractor Supply’s Q4 financial results showed declines in net income and EPS, with both metrics missing analyst expectations and prompting share volatility amid signs of softer consumer demand.
President Trump plans to raise tariffs on South Korean imports to 25%, citing delays in enacting a 2025 trade agreement, sparking new global trade concerns.
Copper, critical minerals, and medical supplies lead the list of 2026 shortages, pushing firms to overhaul supply chains for resilience and risk readiness.
A class-action lawsuit challenges Costco’s rotisserie chicken label claims, alleging the presence of preservatives not disclosed to consumers.
Jennifer Garner-backed Once Upon a Farm is planning a $764 million IPO, signaling momentum in health-driven consumer brands and a recovering IPO market.
UPS will cut 30,000 jobs in 2026 as it ends its Amazon partnership and accelerates operational restructuring to boost efficiency and profitability.
Starbucks reported better-than-expected revenue but missed on earnings, as rising customer traffic highlights the cost of its ongoing turnaround strategy.
Consumer-driven demand is propelling the rise of crypto payments in retail, with nearly 40% of merchants now accepting digital currencies and most expecting widespread adoption within five years.