Nike cutting more jobs as turnaround struggles continue

Nike is slashing cut jobs as part of a sweeping corporate restructuring initiative to reignite financial growth and streamlining its business model.

US, China agree on $60 billion in tariff cuts on goods

The United States and China have detailed a targeted tariff relief plan covering billions in non-sensitive goods, slashing taxes on products ranging from U.S. farm commodities and medical devices to Chinese consumer items.

US ban on $1 billion worth of Canadian imports goes into effect

U.S.-Canada relations hit another low on Tuesday as the U.S. implemented a new ban on Canadian imports, escalating an ongoing trade dispute between the nations.

Trump announces new Iowa steel mill expected to be largest in US

A proposed $15 billion steel plant in eastern Iowa promises to be the largest one in the United States when it opens in 2030. President Donald Trump announced the project from the White House on Monday afternoon, explaining that the project will help protect national security.

Costco got $184 million in tariff refunds — here's what it did with the money

Costco on Thursday said it received $184 million in tariff refunds in the company's fourth quarter, the majority of which was reinvested into lower pricing for members shopping at the retail giant's warehouses.

Cato Fashions to close 120 stores amid pressure on shoppers’ spending

The Cato Corporation, parent company of Cato Fashions, plans to close 120 stores by the end of its fiscal year, citing pressure on consumers’ discretionary spending.

Starbucks to close 250 stores this week

Starbucks is closing dozens of locations nationwide as part of a broader corporate restructuring strategy by the coffee giant to optimize store performance.

Bank of America to hire 1,000 more apprentices, invest $150M in workforce development

Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs.

Major Wendy's franchisee files for bankruptcy

One of the largest Wendy’s franchisees in the U.S. has filed for Chapter 11 bankruptcy protection following a high-stakes dispute with the fast-food chain's corporate parent.

Volkswagen recalls 208,000 SUVs over bolts that could cause steering loss

Volkswagen Group of America is recalling more than 208,000 vehicles in the U.S. over a steering rack mounting bolt that can corrode and break, potentially causing a loss of steering control.

Converse apologizes, pulls new ad after claims of racist imagery

Shoemaker Converse has apologized and pulled a social media ad after it sparked a backlash from people who said the image evoked the Ku Klux Klan and lynching. 

These are the states with the most unclaimed tax refunds per 100,000 residents

Millions in potential tax refunds are going unclaimed across the U.S. See which states have the most money left on the table, according to new data.

Federal Reserve hikes interest rates - What it means for your wallet and the economy

The Federal Reserve raised its benchmark interest rate by a quarter-point to a range of 3.75% to 4%, aiming to curb persistent inflation amid solid economic activity.

GameStop says 'select' closed stores to reopen nationwide

GameStop says it is reopening "select" stores across the country as company insiders make new investments in the video game retailer's stock.