JCPenney closing more stores later this year: Find out where

JCPenney announced plans to close several stores by mid-year, though the company says the closures are unrelated to its recent merger with Catalyst Brands.

IRS tax refund schedule 2025: what you need to know

Tax season is in full swing, and the IRS anticipates that 140 million individuals will file returns by April 15. Here's the IRS tax refund schedule for 2025 and other information that will help you with your return.

NYSE Texas to be headquartered in Dallas

“Texas is the most powerful economy in the nation, and now we will become the financial capital of America," said Governor Abbott.

Pause for pennies
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President Trump's order that the Treasury Department stop making pennies has renewed a long simmering conversation about whether we need the penny anymore. FOX 26 Business Reporter Tom Zizka says when you look at it, it's not an unprecedented thought.

Meta slashes 3,600 jobs worldwide, including in the Bay Area

Tech and social media giant Meta is laying off thousands of workers in an effort to push productivity upward.

Fewer Americans quitting their jobs—here’s why

U.S. workers are quitting their jobs at the lowest rate in years as job openings decline and hiring slows, signaling the end of the Great Resignation.

Treasury Secretary Scott Bessent calls for Trump tax cuts to be made permanent

Treasury Secretary Scott Bessent on Wednesday signaled that the White House wants Trump's tax cut package from 2017 to be extended permanently before their expiration this year, rather than a temporary extension.

Is it cheaper to rent or buy a home in 2025?

Whether you’re renting or buying a home in 2025, it’s likely putting an outsized dent in your wallet, depending on where you live.

Estee Lauder to cut up to 7,000 jobs

Estee Lauder announced on Tuesday that it plans to slash up to 7,000 positions from its workforce.

Pleasanton-based Workday announces it will cut 1,750 jobs

Workday, the payroll and HR company based in Pleasanton, announced on Wednesday that it is cutting 8.5 percent of its workforce as it invests more in AI. 

Walmart to cut jobs, relocate some employees to main hubs

Walmart is trying to move most of its employees from smaller offices to its main hubs in Bentonville, Arkansas, as well as its office in Sunnyvale, California.

Trade differences between U.S. and China could threaten prescription drug prices

While the threat of tariffs raises the specter of drug shortages and rising prices, patient advocate Dr. Bill Hennessy believes higher prices would be negligible for patients who rely on their medication.

Prescription drug prices threatened due to trade differences
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A 10% U.S. tariff on Chinese goods went into effect at midnight Tuesday and China responded with a tariff as well. China and India are the top manufacturers of ingredients for generic pharmaceuticals.

20-year-old CEO of 'Boss Up Cosmetics' owner
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One Houston 'boss' is barley out of her teens and her cosmetics company is so successful, the products are now being sold in some stores nationwide. FOX 26's Damali Keith introduces us to Aaliyah Arnold.

Explaining tariffs: Canada, Mexico tariffs paused
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The threat of tariffs against Canada an Mexico is on pause after leaders of both countries say they reached an agreement to cooperate with the United States. FOX 26's Tom Zizka breaks down the conversation happening around tariffs.

Car insurance prices jumped most for these states in 2024

Car insurance rates increased by an average of 15% last year. Here’s which states saw the biggest jump, and why.