Money

Dollar General reported Thursday that its gross profit as a percentage of net sales slipped in its second quarter in part because of an elevated level of inventory shrink.

Insurance claims for Tropical Storm Idalia, which made historic landfall as a Category 3 hurricane over Florida's Gulf Coast, are set to cost insurers in the state nearly $10 billion.

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

An inflation measure that is closely watched by the Federal Reserve accelerated in July, underscoring the challenge in combating steep consumer prices.

Signed contracts to buy previously owned homes in the U.S. increased in July for the second consecutive month, despite a recent spike in mortgage rates.

Farmers Insurance revealed it will shed a large number of employees through layoffs. Roughly 2,4000 of its workers will see their jobs eliminated, the company said Monday.

A lack of auto repair pricing transparency could be one reason why Americans are paying up to 33% more to fix their cars since March 2020, a recent survey by Jerry said.

3M is nearing a multibillion-dollar settlement with plaintiffs to resolve complaints by veterans that the company's earplugs failed to protect them from hearing loss.

Fed Governor Michelle Bowman said additional interest rates may be needed to lower inflation to a preferred target range. But inflation has slowed in recent months, even as Americans dealt with record-high credit card debt.

The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.

Hawaiian Electric's stock surged by more than 44% during Monday's trading session as the utility released an update on its response to the deadly Maui wildfires and pushed back on a lawsuit.