Target quarterly results fall as holiday discounts and dockworker strike hit profits

Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

Asset management giant buys Jersey Mike's sandwich chain

Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.

Map: How much of a restaurant worker's income comes from tips

Restaurant employees rely on the kindness of customers when it comes to tips, which can make up a sizable portion of their take home pay based on findings in a new report.

Trump Stimulus Checks: Will they be issued, and could you receive one?

Viral social media stories and posts that claim taxpayers in some states will receive a $2,000 (or more) government stimulus check as the holiday season begins are again making the rounds online. 

Credit card debt surges to another record high, New York Fed data shows

Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.

Advance Auto Parts closing over 700 locations following sluggish performance

Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.

Amazon Haul to compete with Shein, Temu: What to know

Amazon’s new storefront will primarily feature products for consumers at affordable prices. Here's what you need to know.

23andMe announces workforce cut of 40% before the holidays

DNA site 23andMe is now announcing a big cut just before the holidays – the latest setback for the struggling South San Francisco startup.

American Freight closing all stores amid parent company's bankruptcy filing

The furniture and appliance retailer is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.

Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'

Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.

American Freight closing hundreds of stores, including Georgia locations

Mega furniture retailer American Freight is closing hundreds of locations nationwide as part of Chapter 11 bankruptcy proceedings filed by its parent company.