New York Fed Enhances Supply Chain Data with New Indexes
The Federal Reserve Bank of New York is enhancing its supply chain data tracking with new "Supply Availability Indexes."
McDonald's $5 Meal Deal Is A Limited-Time Offer That's Causing a Stir
McDonald’s is launching a $5 Meal Deal in the U.S. to attract customers amid rising inflation.
Retailers Expect Middle-Market Demand This Holiday Season
U.S. retailers are gearing up for a cautious but steady holiday season, focusing on mid-range price items, according to a CNBC Supply Chain Survey.
Walmart's High-Income Shopper Bubble Is Growing
Walmart’s recent success, driven by higher-income shoppers, might not last.
Hertz's Tesla Bet Is A Cautionary Tale
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
Jobless Claims Fall, But Economic Slowdown Persists
The number of Americans filing for jobless benefits dropped last week, undoing nearly half of the previous week's spike.
McDonald's Ends Free Drink Refills, Sparking A Trend Across Fast Food
Say goodbye to free soda refills at McDonald's, a move that's stirring up more than just the ice in customers' cups.
McDonald's Plans $5 Meal Deal to Win Back Price-Sensitive Diners
McDonald's is reportedly gearing up to introduce a $5 meal deal, aiming to attract customers who felt priced out by recent hikes.
Target Scales Back Pride Collection After Conservative Backlash
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.
The U.S. is Facing A Retirement Reality Check
A recent survey by asset management firm Schroders revealed that only 4% of retirees feel they are "living the dream," while another 4% are "living the nightmare."
Forbes Advisor Explores the Cost of Savings With Metro and State Rankings
California's reputation for high living costs is well-known, but a recent report from Forbes Advisor highlights other areas across the United States that can put a strain on your wallet.
Sweden's Experiencing a Surprising Billionaire Boom
Sweden, known for its social equality and high taxes, is now home to a growing number of super-rich individuals.
Home Equity Loans Could Supercharge the U.S. Economy
Meredith Whitney, the once-celebrated financial forecaster, is eyeing a potential game-changer for the U.S. economy, and it doesn't involve government spending.
Freddie Mac's Proposal Is A Game Changer for the U.S. Economy and Homeowners
Imagine pumping nearly $1 trillion into the U.S. economy without adding a cent to the national deficit.
Fed Finds Comfort in Cooler Job Growth and Wage Increases
On Friday, Federal Reserve officials breathed a sigh of relief as April’s job data revealed a cooling in wage growth and hiring rates that hark back to pre-COVID-19 days.
Proposed $5 Million Insurance Hike Could Rock the Trucking Industry
A proposed bill, dubbed the Fair Compensation for Truck Crash Victims Act, could significantly impact the trucking industry by raising the minimum liability insurance from $750,000 to $5 million—a hefty 566% increase.
XPO Logistics Exceeds Expectations in Q1 2024
XPO Logistics started 2024 on a high note, surpassing first-quarter forecasts and demonstrating robust financial performance.
Rising Interest Rates Push Homebuyers Toward Adjustable Rate Mortgages
In the face of soaring interest rates, many U.S. homebuyers are opting for adjustable rate mortgages (ARMs) as a more affordable alternative to traditional fixed-rate mortgages.
Costco's Strategic Gaps in Rhode Island, West Virginia, and Wyoming
Costco, the membership-only warehouse chain, has significantly expanded across the U.S., boasting over 600 locations.c
Generational Wealth Transfer of Inheritance Among Millennials Isn’t That Simple
The average net worth for older Americans might seem high, but this number is skewed by wealthier individuals.