Big Lots is closing more stores—including two in Indiana—as it works through Chapter 11 bankruptcy. The discount retailer has previously announced the closure of seven stores in the Hoosier State, which are among now around 450 nationwide set to close.... Read More
E-commerce giant Amazon said Thursday it will hire 250,000 full, part-time and seasonal workers for the crucial shopping period, rounding out a series of announcements made in recent weeks by the country’s top retailers.... Read More
The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28. It was slightly more than the 221,000 analysts were expecting.... Read More
A lengthy shutdown could raise prices on goods around the country and potentially cause shortages and price increases at big and small retailers alike as the holiday shopping season—along with a tight presidential election—approaches.... Read More
Carmaker Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition.... Read More
Motorsports icon Michael Andretti told The Associated Press on Sunday he's at a point in his life where he no longer wants to run the day-to-day of his global operation and that’s why he turned over leadership to his business partner.... Read More
The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next. Prices rose just 0.1% from July to August.... Read More
The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years this week, boosting home shoppers' purchasing power as they navigate a housing market with prices near all-time highs.... Read More
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel. The board said Wednesday that U. S. Steel has satisfied each of the conditions of the successorship clause of its basic labor agreement with the union.... Read More
Taking a late-summer country drive in the Midwest means venturing into the corn zone, snaking between 12-foot-tall green, leafy walls that seem to block out nearly everything other than the sun and an occasional water tower.... Read More
