Saks Fifth Avenue's parent company to buy rival Neiman Marcus
Both Saks and Neiman Marcus have seen declining sales as shoppers shift their spending from luxury goods to experiences like travel and upscale restaurants.
Both Saks and Neiman Marcus have seen declining sales as shoppers shift their spending from luxury goods to experiences like travel and upscale restaurants.
Homeowners and renters struggling to afford the high cost of housing: survey
Renters and homeowners have had to downsize, tap their retirement savings and delay critical housing repairs to afford the high cost of housing, a recent Nationwide survey said.
Renters and homeowners have had to downsize, tap their retirement savings and delay critical housing repairs to afford the high cost of housing, a recent Nationwide survey said.
Here's how much money Americans have to make to feel rich, according to survey
A new survey reveals that few Americans are making the kind of money they feel they need to live comfortably or be considered rich.
A new survey reveals that few Americans are making the kind of money they feel they need to live comfortably or be considered rich.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
John Deere is reportedly slashing positions for hundreds of employees in the Midwest by the end of summer.
John Deere is reportedly slashing positions for hundreds of employees in the Midwest by the end of summer.
CDK cyberattack still affecting car dealerships across the country
Car dealerships across the country have reverted to pens and paper amid a massive cyberattack on its software provider, CDK.
Car dealerships across the country have reverted to pens and paper amid a massive cyberattack on its software provider, CDK.
Pride Weekend bringing in business boom as 1 million people gather in SF
Pride weekend is underway with the city gearing up for crowds and events. Businesses in the city are expecting a boost.
Pride weekend is underway with the city gearing up for crowds and events. Businesses in the city are expecting a boost.
Here's how much debt the average consumer has, and where it's the worst
Researchers analyzed credit reports in the 100 largest U.S. metropolitan areas to show where consumers have the highest balances.
Researchers analyzed credit reports in the 100 largest U.S. metropolitan areas to show where consumers have the highest balances.
Feds sue Adobe for 'hidden' early cancellation fees
Adobe, the company behind PDFs and popular editing software such as Photoshop, is facing a federal lawsuit for alleged violations stemming from the company's early cancellation fees, which has frustrated users trying to end their subscriptions but who are still getting charged.
Adobe, the company behind PDFs and popular editing software such as Photoshop, is facing a federal lawsuit for alleged violations stemming from the company's early cancellation fees, which has frustrated users trying to end their subscriptions but who are still getting charged.
Walgreens planning to close significant number of US stores, CEO says
Walgreens is planning to close a significant share of U.S. stores, CEO Tim Wentworth of parent company Walgreens Boots Alliance told the Wall Street Journal.
Walgreens is planning to close a significant share of U.S. stores, CEO Tim Wentworth of parent company Walgreens Boots Alliance told the Wall Street Journal.
Some UPS drivers still waiting for air conditioning in trucks as temperatures soar nationwide
Some UPS drivers are still waiting for air-conditioned trucks as some areas around the country face sweltering heat just days into the official summer season.
Some UPS drivers are still waiting for air-conditioned trucks as some areas around the country face sweltering heat just days into the official summer season.
Half of Americans work while on vacation, and feel guilty for taking one
Experts weigh in on why many American workers cannot unplug from their job.
Experts weigh in on why many American workers cannot unplug from their job.
Limited Too, early 2000s mall favorite of preteens, teases a comeback
Limited Too, a tween clothing retailer known for its bright, funky style, has reemerged on social media with an announcement of a comeback.
Limited Too, a tween clothing retailer known for its bright, funky style, has reemerged on social media with an announcement of a comeback.
Fort Worth man offered $200M to buy Virgin Orbit. He had less than $1 in his bank account, SEC claims
The SEC claims the North Texas man actually had less than $1 in his bank account when he made the offer, falsely claimed he had an SMU law degree and lied about having investments "in over 13 space companies."
The SEC claims the North Texas man actually had less than $1 in his bank account when he made the offer, falsely claimed he had an SMU law degree and lied about having investments "in over 13 space companies."
Olive Garden raising prices again amidst struggles
The restaurant chain is hiking its menu prices despite a decline in sales and customers limiting trips to eat out.
The restaurant chain is hiking its menu prices despite a decline in sales and customers limiting trips to eat out.
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.
Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.
Most student loan borrowers will struggle to pay at some point: survey
Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.
Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.
Iconic American companies that aren't in America anymore
Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.
Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.
Iconic American brand closing its last remaining US factory
The iconic American brand is closing its last remaining manufacturing plant in the South Carolina this fall, which will result in more than 100 employees losing their jobs.
The iconic American brand is closing its last remaining manufacturing plant in the South Carolina this fall, which will result in more than 100 employees losing their jobs.
These are the industries with the happiest hourly workers, according to survey
Many hourly employees report feeling happy in their daily grind – depending on what kind of shift work they do and even where they live.
Many hourly employees report feeling happy in their daily grind – depending on what kind of shift work they do and even where they live.
Mortgage rates on the decline while applications rise: Freddie Mac
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.