Asset management giant buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.
Map: How much of a restaurant worker's income comes from tips
Restaurant employees rely on the kindness of customers when it comes to tips, which can make up a sizable portion of their take home pay based on findings in a new report.
Restaurant employees rely on the kindness of customers when it comes to tips, which can make up a sizable portion of their take home pay based on findings in a new report.
America’s casual dining ‘heydays are over’ as experts reveal next restaurant chains to rise and fall
With several casual restaurant chains facing financial hardships, experts are weighing in on what this could mean for the industry.
With several casual restaurant chains facing financial hardships, experts are weighing in on what this could mean for the industry.
How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Advance Auto Parts closing over 700 locations following sluggish performance
Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Nearly half of Americans say debt is affecting their health: Study
A new study reveals that household debt is increasingly becoming a source of stress for many Americans.
A new study reveals that household debt is increasingly becoming a source of stress for many Americans.
Red Lobster's new menu ditches endless shrimp, but fan favorite returns
Red Lobster recently revamped its menu bringing back these popular food items to its restaurants.
Red Lobster recently revamped its menu bringing back these popular food items to its restaurants.
80,000 pounds of Costco butter recalled for lacking disclaimer about milk
The recalled 46,800 pounds of butter “list cream, but may be missing the Contains Milk statement," according to the FDA.
The recalled 46,800 pounds of butter “list cream, but may be missing the Contains Milk statement," according to the FDA.
Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.
Tyson Foods under investigation by Department of Labor over child labor claims
The Department of Labor received two separate tips that minors were possibly working at two Tyson Foods plants in Arkansas.
The Department of Labor received two separate tips that minors were possibly working at two Tyson Foods plants in Arkansas.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
TGI Friday's has filed for Chapter 11 bankruptcy protection.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
Wendy's closing 140 more restaurants, but will open other locations
The Ohio-based burger chain plans to open more than 200 restaurants this year to offset the closings of the other locations.
The Ohio-based burger chain plans to open more than 200 restaurants this year to offset the closings of the other locations.
New rules could make it easier to switch banks
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.
McDonald's infamous ice cream machines get a long-awaited fix
The days of broken ice cream machines at McDonald's may finally be behind us.
The days of broken ice cream machines at McDonald's may finally be behind us.
Inflation gauge falls to lowest level in 3 1/2 years
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.
PepsiCo is closing 4 bottling plants and cutting nearly 400 jobs
The company's plant closings will impact workers in Cincinnati, Chicago, Atlanta, and Harrisburg, Pennsylvania.
The company's plant closings will impact workers in Cincinnati, Chicago, Atlanta, and Harrisburg, Pennsylvania.
Best (and worst) states for jobs in 2024, according to WalletHub
When it comes to finding a job, New Hampshire ranks No. 1 in the country, according to a new report from WalletHub. Here's how your state ranks.
When it comes to finding a job, New Hampshire ranks No. 1 in the country, according to a new report from WalletHub. Here's how your state ranks.