Saks Global files for bankruptcy after $2.7B Neiman Marcus acquisition deal
Luxury retailer Saks files for bankruptcy after missing $100 million payment, triggering restructuring amid mounting debt from Neiman Marcus acquisition.
JPMorgan CFO warns Trump's proposed credit card cap could cause people to 'lose access to credit'
JPMorgan CFO Jeremy Barnum warned that President Trump's proposed 10% credit card interest rate cap could hurt the economy and reduce access to credit for consumers who need it most.
Meta cuts over 1,000 jobs in major metaverse retreat
Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable technology investments and development.
How Domino's 'regained its crown' in the pizza industry
Domino's has reclaimed its crown in the pizza industry, outpacing rivals through superior value, technology, and loyalty programs in competitive markets.
Grocery chain launches massive expansion with 180 new US stores
Aldi announces massive expansion with more than 180 new stores by 2026, reaching nearly 2,800 locations nationwide as the budget grocery chain meets growing demand.
Escrow payments rising nationwide with homeownership less attainable
Escrow payments surge over 50% in Florida and Colorado as insurance costs hammer homeowners. As rising property taxes create barriers to homeownership.
GameStop shutters more stores as retail apocalypse continues
GameStop continues to struggle after the retailer closed 590 stores in 2024 and plans significant additional closures amid declining revenue.
Hilton tears down signs to sever ties with Minneapolis hotel that allegedly refused ICE agents rooms
Hilton removes signs from Minneapolis Hampton Inn that allegedly refused service to DHS agents, severing ties with the franchise property immediately.
Why building a home takes much longer in different parts of the US
New data reveals it takes over 13 months to build homes in some U.S. regions due to complex regulations and labor shortages, creating significant delays.









