US corporate bankruptcy filings surge – here are the business types that led

The number of U.S. corporate bankruptcy filings so far in 2024 is “higher than any comparable figure in the prior 13 years," according to data from S&P Global Market Intelligence.

Are consumers skipping car dealers and buying private?

With high prices and low supply, consumers are weighing private car purchases versus dealerships, with industry experts noting private buying's potential cost savings but increased effort and risks driving many back to dealerships for trust and convenience.

Big Lots to close up to 40 stores amid "substantial doubt"

Big Lots plans to close up to 40 stores in 2024 due to financial struggles from inflation and decreased consumer spending, raising doubts about its future operations.

US store openings currently outpace closures by 20%, report says

Several notable stores have opened new locations amid some others closing their doors. See which stores are coming to or leaving your area in 2024.

U.S. unemployment rate rises to 4.1% with 206,000 jobs added in June

U.S. employers added 206,000 jobs in June, exceeding expectations, with the unemployment rate rising to 4.1%, while April and May job data was revised down, average hourly earnings increased by 3.9%, and hiring was strong in government, social assistance, and health care, influencing potential Federal Reserve rate cuts.

Which college degrees can land you a job in 2024?

As the new academic year approaches, many college students are undecided about their majors, considering factors like job opportunities. A study by UTS Online identifies the most and least employable degrees in the United States.

Major retailers closing doors amid inflation, lower consumer demand

Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.

Orange juice prices set to stay high as diseases, extreme weather ravage global harvests

Orange juice prices have always been volatile and highly dependent on the weather. But the record-high prices the world is seeing for OJ right now may be on the table for a while.

Fed holds interest rates steady, projects just one cut this year

The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.

Here's who's hiring teens this summer –  and which jobs pay the most

Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.

U.S. economy adds 272,000 jobs in May, but unemployment rate rises to 4%

The latest reports show companies hiring more people in May than anticipated, despite continuing inflation and high interest rates. While the economy is still growing, there are ongoing concerns.