Holiday debt hangover poised to be 'particularly nasty' this year, analyst says
An economist warned that while retail sales are strong, there could be trouble ahead. With the rise in buy now, pay later services, one analyst is worried about holiday debt.
Expecting a Christmas gift? FTC warns of fake shipping notification, invoice scams
The Federal Trade Commission warned online shoppers to beware of scammers who want to steal personal information from consumers around the holiday season.
Shein sued by rival Temu for 'mafia-style intimidation'
Shein is facing accusations from rival Temu for allegedly using "mafia-style intimidation of suppliers" to stay ahead of the competition in the fast-fashion industry.
Costco sold $100 million in gold bars last quarter
Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.
Delinquencies are rising for credit card, auto loans – and it could soon get worse
A new Moody's Analytics report suggests that credit card and auto loan delinquency rates are climbing as more Americans struggle to make their payments.
Kevin Hassett: It's looking like a 'weak holiday' amid current retail environment
Former Council of Economics Advisers Chairman Kevin Hassett discusses the current retail environment, inflation in the U.S. and the impact of the Bank of Japan's decision on the Federal Reserve.
JCPenney CEO counting on last-minute shoppers this holiday season
JCPenney CEO Marc Rosen said that while in store traffic has been strong, he believes the last two weekends are going to be "exceptionally" busy with last-minute shoppers.
Taylor Swift gets vintage Chiefs sweatshirt from Kansas City store, and now business is booming
Westside Storey has been feeling the economic power of Taylor Swift this week. Owner Chris Harrington told FOX Business that Swift wearing a sweatshirt from them has boosted sales.
Mattel wants to bring American Girl to the silver screen
Mattel Inc. is looking to capitalize on another popular doll brand as it works to bring American Girl to the silver screen. It announced the upcoming project on Wednesday.
Hermès heir plans to give $7 billion fortune to his 51-year-old gardener
Nicolas Puech, the fifth-generation heir of Hermès, is reportedly planning to bequeath a large portion of his wealth to his 51-year-old gardener.
Gerald Storch on what to look for in retail sales numbers
Storch Advisors CEO Gerald Storch gives his outlook for consumers, record holiday shopping and the November retail sales report.
Retail sales unexpectedly rise in November as consumers keep spending
Retail sales rebounded in November after declining the previous month as American consumers picked up their spending in the face of falling inflation.
History shows the Fed's interest rate 'gamble' won't work: Peter Morici
Economist Peter Morici reacts to the Fed signaling that it could cut interest rates three times in 2024 on 'Varney & Co.'
Florida AG taking a 'different' approach to combating retail crime: This is where other cities are 'failing'
Florida Attorney General Ashley Moody details her state's efforts to crack down on organized retail crime as big cities across the country face a growing crime crisis.
Etsy will lay off 11% of its workforce, stock falls
Etsy shares fell Wednesday after the global online marketplace announced it is laying off 11% of its employees and shaking up leadership as part of a restructuring plan.
Tip your Amazon driver for free by saying these magic words to Alexa
E-commerce giant Amazon is bringing back its $5 "thank you" tip for delivery drivers this holiday season. Sending the tip won't cost shoppers any money.
Amazon, Walmart and Target stop selling certain water beads
Major retailers have stopped selling certain water beads and revised their policies around the product after federal safety regulators cautioned that they could pose risks.
Home Depot exec warns about violent threats workers face amid rise of retail theft
Home Depot executive Scott Glenn testified before a congressional panel that the company and its workers are having to deal with a rise in violent organized retail crime incidents.
Global fashion giant Zara 'regrets' ads critics said resembled dead bodies of Palestinians after protests
The fashion company Zara removed images from an ad campaign after facing backlash online from pro-Palestinian protesters who claimed it mocked Gaza war victims.
Home Depot exec calls on Congress to pass bipartisan organized retail crime bill
Home Depot executive Scott Glenn wants Congress to pass the Combating Organized Retail Crime Act of 2023, a bill that would help the industry tackle the growing problem.



















