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  • Economy

    Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak

    by February 26, 2025
    February 26, 2025

    Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier…

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  • Economy

    How digitally native companies like Rothy’s are growing profitably in a new era for retail

    by February 26, 2025
    February 26, 2025

    Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of…

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  • Economy

    Starbucks to lay off 1,100 corporate workers as sales sag

    by February 25, 2025
    February 25, 2025

    Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.…

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  • Economy

    Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation

    by February 25, 2025
    February 25, 2025

    The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from…

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  • Economy

    JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

    by February 25, 2025
    February 25, 2025

    JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and…

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  • Economy

    Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat

    by February 25, 2025
    February 25, 2025

    Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure from…

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  • Economy

    Denny’s says some locations will start charging extra for eggs amid nationwide shortage

    by February 25, 2025
    February 25, 2025

    Denny’s is the latest nationwide restaurant chain to announce surcharges for meals that include eggs in response to a nationwide shortage that has…

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  • Economy

    Joann to shutter all 800 fabric stores after failing to find a buyer to save its locations

    by February 25, 2025
    February 25, 2025

    Fabrics outlet Joann will shutter all of its approximately 800 locations after failing to find a buyer who would keep its stores open.…

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  • Economy

    Amazon surpasses Walmart in revenue for the first time

    by February 22, 2025
    February 22, 2025

    Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth…

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  • Economy

    SEC dropping crypto lawsuit, Coinbase says

    by February 22, 2025
    February 22, 2025

    The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the…

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