The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%
American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%.
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Eddie Bauer, the 106-year-old label that pioneered outdoor sportswear, files Chapter 11
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection.
Amazon to close Amazon Go and Amazon Fresh to concentrate on Whole Foods and grocery delivery
Amazon said it’s closing all of its Amazon Go and Amazon Fresh locations, as the online behemoth focuses on its grocery delivery, Whole Foods Market and a new “supersized” store...
Donald Trump’s voice in a new Fannie Mae ad is generated by artificial intelligence, with his permission
What sounds like President Donald Trump narrating a new Fannie Mae ad actually is an AI-cloned voice reading text, according to a disclaimer in the video.
Macy’s posts surprise profit with overhaul under new CEO resonating with shoppers
Macy’s posted a surprise third-quarter profit and its strongest comparable sales in more than three years.
Black Friday arrives with solid momentum despite tariffs and economic uncertainty
Black Friday still has enough enthusiasts to make it the biggest shopping day in the U.S.
Walmart raises profit expectations as more Americans hunt deals in sluggish economy
Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious about the...
Walmart CEO Doug McMillon announces his surprise retirement at age 59
Walmart CEO Doug McMillon plans to retire early next year, the company said Friday in a surprise announcement.
Amazon unveils new generation of AI-powered Kindle and other devices
Online juggernaut Amazon Inc. unveiled its next generation of Kindle, Ring and Echo devices, among other gadgets, that are all powered by artificial intelligence and connected to Alexa+, its AI-infused...
Macy’s focus on fresh product lines and improved customer experience begins to show results
Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022.