Party City closing after 40 years in business
Party City CEO Barry Litman said it was 'necessary to commence a wind down process immediately.'
Here's the median net worth of homeowners vs. renters
Homeownership is often viewed as a primary way to build wealth in the U.S., particularly for low- to moderate-income households.
Trump announces $100B investment in the U.S.
Trump joined SoftBank Group CEO Masayoshi Son at his Florida home Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years.
Lord & Taylor, America's oldest department store, is making a comeback
The company was established in 1826 and shuttered its brick-and-mortar stores in 2021 after years of financial hardship.
Egg prices are higher — and they're not cracking anytime soon
Egg prices rose 8.2% in November.
Costco sells luxury, 150-day around-the-world cruise with eye-popping price tag
Costco Travel also notched an eye-popping amount of car rentals last year.
Here's the most popular financial goal for next year — and tips for success
Paying down debt tops the list of financial goals for 2025. Here’s how Americans are planning to tackle it, based on expert insights.
Trump's tariff warning met with threat from Ontario that would make energy 'unaffordable' in Michigan & U.S.
In response to Donald Trump's 25% tariff plan, Ontario is considering limiting the export of electricity to the United States in a move that Premiere Doug Ford said would make electricity unaffordable for Americans.
Gas prices hit a 3-year low – where are they headed next?
Drivers are getting some much-needed relief at the pump after gas prices fell significantly nationwide.
Inflation rises 2.7% in November, in line with expectations
US inflation rose slightly last month but remained low.
Your 2024 holiday tipping guide: Who to tip and how much
A new survey shows that more Americans plan to tip service workers this holiday season, but the tipping amounts may be lower.
Trump, Canadian Prime Minister Trudeau to meet in Florida to discuss tariffs
Canadian Prime Minister Justin Trudeau flew to Florida on Friday to meet with President-elect Donald Trump following his threats to impose sweeping tariffs on Canadian products.
Walmart warns of higher prices if Trump implements proposed tariffs
Potential tariffs could cost American consumers between $46B and $78B in annual spending power, the National Retail Federation says.
Trump's Treasury secretary pick: Who are the contenders?
President-elect Trump is reviewing candidates for the Treasury secretary role, with the list of contenders getting broader after Elon Musk offered an endorsement and shook up the race.
Where was inflation the highest in October? Northeast and Midwest cities near the top
The Labor Department released a new report on inflation that examined price growth in various cities and metropolitan areas in the U.S. which reflected a higher rate of inflation in the Northeast and Midwest.
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Wall Street soars on Trump victory as analysts debate economic impact
It was a monster day on Wall Street as the Dow reacted to the election of Donald Trump by climbing 1,508 points. The tech-heavy NASDAQ Index was up by more 544 points.
Inflation may be coming down but that doesn't mean prices will, expert explains
Allianz chief economic adviser Mohamed El-Erian warned that even though inflation has cooled significantly, prices consumers face are unlikely to decrease.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.