Former IMF chief economist says inflation is terrible, productivity growth is 'awful': 'Worse than it seems'
Former IMF chief economist Kenneth Rogoff analyzes the US economy ahead of expected Fed rate hikes as inflation continues to be problematic for markets.
Inflation numbers are terrible, productivity growth is 'just awful': Former IMF chief economist
Kenneth Rogoff provides his economic growth forecast heading into 2023 as a looming rail strike threatens the supply chain and the Fed prepares to further hike rates on 'Mornings with Maria.'
Former IMF chief economist warns Fed rate hikes not enough to cool inflation below 3.5%
Former IMF chief economist Kenneth Rogoff discusses how much of an economic downturn the Federal Reserve is willing to risk to reduce inflation on 'Mornings with Maria.'
Retail sales unexpectedly edge higher in August despite soaring inflation
The Commerce Department released new retail data on Thursday morning, revealing how consumers have responded to a decline in gas prices even as other inflation remains high.
California sues Amazon, alleging antitrust violations inflated prices and stifled competition
The lawsuit, which claims that Amazon penalized merchants for offering products at lower prices elsewhere, is their biggest legal challenge to date in the U.S.
Target, FAO Schwarz partner for holiday toy season
Target and FAO Schwarz have partnered on an exclusive toy agreement just in time for the holiday season. Here's what that means for gift-giving this year.
Bed Bath & Beyond interim CEO to stay in post for at least a year - source
Bed Bath & Beyond interim CEO Sue Gove will likely lead the struggling retailer for at least 12 months, as the chain looks to bolster its business.
Buffalo, NY, Starbucks union organizer resigns, claims she was forced out for her union leadership
Jaz Brisack, the Starbucks barista who helped lead the unionization effort of a Starbucks in Buffalo, NY, last year, is now saying she is being forced out due to her union leadership.
In or out: Ford gives dealers ultimatum on EV sales
Ford CEO Jim Farley has told dealers they need to decide by Oct. 31 whether or not they want to become certified to sell the brand's electric vehicles.
Small businesses facing inflation headwinds find new ways to keep up
Despite inflationary pressures and a challenging labor market, small businesses have remained resilient with their revenues increasing 87% year over year in July.
Small businesses still face hot inflation: Customers have 'fewer dollars to stretch'
FOX Business Madison Alworth reports from the Nohble store in Newark, New Jersey, where owner Christine Noh is still feeling record-high inflation's 'hangover effect.'
Amazon Prime bets big on NFL’s 'Thursday Night Football'
The e-commerce giant is launching a new hub for exclusive deals on NFL-licensed content and hosting special VIP experiences for "Thursday Night Football."
Peloton co-founders John Foley, Hisao Kushi resign in leadership shakeup
Peloton co-founders John Foley and Hisao Kushi are resigning from the company. The leadership changes come as the fitness giant has embarked on an $800 million restructuring plan.
Inflation to dampen holiday retail sales, Deloitte says
Inflation is pushing up prices, but retailers are still going to see less growth in sales volume, according to Deloitte. E-commerce sales are expected to increase from a year ago.
Tuesday Morning lands $35M Lifeline from Pier 1 Owner
Tuesday Morning Corp. landed a $35 million financing deal from the company that controls Pier 1 Imports in a move that will strengthen the retailer’s balance sheet.
Online prices rise in August as food, apparel lead gains
E-commerce price gains returned in August, led by the increasing costs of groceries and apparel. Shoppers have spent $580 billion online so far this year.
Visa, Mastercard, AmEx to categorize gun store sales separately
Visa, Mastercard and American Express will now label sales at gun stores separately. Gun control advocates argue that the separate category will help curb gun violence.
Kids ear muffs sold at Walmart-owned Sam's Clubs, Kroger recalled over burn hazards
The batteries inside the recalled ear muffs have the potential to rupture, which can pose serious injuries to the user including burns, according to officials.
Lowe's expands Instacart same-day delivery service nationwide
Lowe's, which became the first home improvement retailer to partner with Instacart, is expanding its same-day delivery service nationwide just before the holidays.
Bed Bath & Beyond had concerns about CFO's stress level: report
Friends and co-workers are reportedly saying they were concerned about the level of stress Bed Bath & Beyond CFO Gustavo Arnal was under before he jumped to his death in Manhattan.



















