Business News

Macy's Inc. unveils a list of more than 60 stores slated to close this year as the retailer struggles to right itself amid diminishing foot traffic at remaining stores and breathe new life into its... business.

Rents in L.A. were going down, but the wildfires could reverse that trend.

Heading into 2025, ETF investors appeared enthusiastic about prospects for the U.S. bull market to keep running.

The US Supreme Court rejected Trump's request to delay sentencing in his New York hush-money case. He'll face zero penalties and can attend virtually.

TikTok is hoping to win a challenge against law that would see it banned from the US this month.

The complaint, which arose out of Fox News's promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.

Growth in credit cards has been a focus for CEO Charlie Scharf.

Hendrik Jordaan agreed to pay a $250,000 civil penalty but didn't admit or deny the regulator's findings.

Global business Travel Group -- also known as Amex GBT -- was trying to avoid a future business loss to CWT by buying the company, the DOJ alleges.

Yields on 10- and 30-year U.S. government debt looked to be on track for their highest levels in more than a year on Friday after December payroll data came in stronger than expected, reducing market... expectations for a rate cut from the Federal Reserve before June.

An alarming percentage of cyberattacks in 2024 exposed eight or more pieces of sensitive customer information, a notable increase in severity. Banks need to have both proactive and reactive strategies... in place to protect customers.

Wall Street's major indexes declined, with the S&P 500 hitting a one-week low after a strong jobs report escalated inflation concerns and reduced confidence in interest rate cuts by the Federal... Reserve. The Russell 2000 index is nearing a correction, while the yield on the 30-year Treasury note spiked over 5%.

Kohl's has faced significant challenges in recent months during which it has seen leadership changes amid dismal earnings reports and economic headwinds.

Leadership isn't confined to titles or roles -- it's something we all practice daily, often without even realizing it. Whether deciding how to begin your day, choosing your outfit or managing your... to-do list, we all make leadership decisions in small but significant ways. This everyday innate leadership is a far cry from the rigid

Gold prices were flat in early Asia trade, but persistent concerns about geopolitical uncertainties could sustain demand for the haven asset.

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Resale prices could be capped at 30% over face value, while resale websites face greater legal obligations The price at which tickets for live events can be resold is to be capped under "gamechanging"... proposals put forward by the government to crack down on touting in the sector. In a move hailed by music industry figures, the culture minister, Lisa Nandy, has launched a consultation that she said would end the "misery" of fans being exploited by touts, some of whom have made huge profits by selling hundreds of tickets a year.

As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show's host of how much prices for consumer... electronics could jump due to the possibility of new tariffs.

SRF and Navin Fluorine were the biggest gainers on the BSE 500 index, surging 13.7% and 9.6% respectively. Balaji Amines jumped 9.3% and Alkyl Amines soared 8%.

New TVs set to hit stores in 2025 include a giant 136-inch MicroLED from Hisense and the brightest OLEDs yet from Samsung, Panasonic, and LG.

Whatnot secures $265 million in funding to enhance seller tools, expand globally, and strengthen trust on its community-driven live shopping platform.

Rates were supposed to go down -- but a strong U.S. economy is getting in the way.

The Los Angeles fires have devastated the city this week. Local restaurants like Yeastie Boys Bagels and LaSorted's Pizza are working hard to help.

Sales of gold coins were three times higher between October and December than in the same period of 2023, according to The Royal Mint.

"Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available," the proposal read.