IRS announces higher standard deductions for 2025
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
Buybuy Baby closing all stores, shifting to online-only in 'strategic reset'
Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand.
Girl Scouts may raise yearly dues by 240% amid declining membership
Some who are involved with the Girl Scouts worry the increase could price out middle class and financially struggling families.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.
Major paint company to lay off 1,800 workers, close facilities
The company is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.
Sam's Club stores: Here's what the new locations will look like
Sam's Club membership warehouse is planning to open 30 stores in the next five years.
Americans are feeling more anxious about their credit card debt, survey finds
Americans appear to be feeling more worried about mounting credit card debt, according to the New York Fed’s September 2024 Survey of Consumer Expectations.
Big Lots to shutter more than 50 retail locations
Big Lots aims to permanently close the doors of more than 50 stores in numerous U.S. states.
TGI Fridays closes a dozen stores across America in just one month
A dozen U.S. TGI Fridays locations have closed in the last month, as the brand also shutters 35 stores in the United Kingdom. Earlier closures this year were due to underperformance.
Walgreens to close 1,200 stores across country
Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss.
Spirit Halloween to transform for Christmas with new pop-up stores
Spirit Halloween is branching out into the holiday season by launching pop-up Christmas stores in select locations.
Could Red Lobster's endless shrimp return? New CEO weighs in
Red Lobster’s new CEO recalled the ‘chaos’ created by the $20 endless shrimp promotion that propelled the company toward bankruptcy.
Pink Floyd sells music for $400 million - see who else has made huge deals
Pink Floyd is the latest to participate in an ongoing trend of big acts and their rights holders making deals to sell their back-catalogs for a big sum. See who else has cashed in.
Will the US port strike raise gas prices? What you need to know
Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.
Bank of America: Outage issues 'have largely been resolved'
Bank of America said that the issue has been "largely" resolved.
Dockworker strike wasn’t expected to affect gas prices — but that’s not the case now
If union dockworker strike impacting US ports is not resolved quickly, its impact could be felt in the energy sector.
