Stocks sink, oil nears $100 per barrel as Biden sticks Russia with sanctions
Stock investors endured another volatile session as the Russia-Ukraine crisis continues.
Consumer demand 'is still building' despite surging inflation: Former Toys 'R' Us CEO
Former Toys 'R' Us CEO Gerald Storch argued that consumer demand “is still building” despite surging inflation, but warned that, in the long term, the situation will end "badly."
Former Toys 'R' Us CEO on consumer spending trends amid surging inflation
Former Toys 'R' Us CEO Gerald Storch argues the Fed's intervention to curb inflation will eventually lead to a shift in consumer spending and warns it will end 'badly.'
Pandemic caused people to 'change their mindset': Former Toys 'R' Us CEO
Storch Advisors CEO and former Toys 'R' Us CEO Gerald Storch notes Americans keep investing in their homes and prices continue to go up, which is benefitting home improvement companies like Home Depot.
Tanger Outlets CEO: Open-air shopping drove 'surprising' earnings beat
Tanger Outlets president and CEO Stephen Yalof discusses the demand for in-person shopping on 'The Claman Countdown.'
Family Dollar recalls several products after rodent infestation detected at distribution facility
Drugs, medical devices, cosmetics and dietary supplements as well as human and pet food products that were stored in a Family Dollar distribution center in West Memphis, Arkansas, are being recalled, according to the notice posted by the U.S. Food and Drug Administration.
FOX Business Headlines 2/21
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Amazon Prime price hike: Some members could pay more than $139
Due to inflation, Amazon announced this month that annual memberships will be hiked from $119 to $139. By comparison, monthly Prime memberships will go from $12.99 to $14.99, which equates to about $180 each year.
‘The worst is over’ in supply chain crisis: Port of Long Beach director
Port of Long Beach Executive Director Mario Coredero argues as COVID concerns diminish, ‘definite moderation’ will happen in the supply chain.
Supply chain crisis has ‘bright outlook’: Port of Long Beach director
Port of Long Beach Executive Director Mario Coredero says capacity issues have been solved since the port started operating 24/7 last September.
US retail sales surge 3.8% in January
National Retail Federation CEO Matt Shay discusses the surge in retail sales and weighs in on inflation and labor shortages.
Kohl's adding 400 Sephora shops in 2022
On Tuesday, Kohl's revealed a list of 400 additional stores in 36 states, from Alaska to Maine, that will have a Sephora at Kohl’s shop.
A crucial clue in the $4.5 billion Bitcoin heist: A $500 Walmart gift card
Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5 billion. In the end, what helped lead them to two suspects was something much more quotidian: a $500 Walmart gift card.
Wegmans offering free N95 masks at all stores
The masks will be available at the supermarket chain's 106 stores throughout New York, Pennsylvania, New Jersey, Virginia, Maryland, Massachusetts and North Carolina.
Retail sales rise faster than expected in January despite surging inflation
U.S. consumers accelerated their retail spending in January as COVID-19 cases eased nationwide, even as they confronted the hottest inflation in four decades.
‘Absolutely nothing’ compares to today’s car market: Edmunds expert
Edmunds.com senior manager of insights Ivan Drury says the used and new car market are both ‘getting expensive.’
New, used car prices rev up due to inflation, chip shortages
FOX Business’ Jeff Flock reports from a car dealership in Philadelphia, Pennsylvania, while dealers across America face record-low inventory and high prices.
Suspects tied to California organized retail crime ring arrested after allegedly stealing $16K worth of goods
The suspects allegedly rented a car from the Bay Area and drove "as far south as National City for the sole purpose of committing retail thefts."
Levi's brand president quits, says she was forced out over her opposition to COVID-19 school closures
Levi's Brand President Jennifer Sey says she was forced out after two decades at the apparel brand over her outspokenness against school closures due to COVID-19.
FOX Business Headlines 2/14
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