Stocks tumble as Dow, S&P 500 close out worst day since 2022
The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.
The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.
Babies 'R' Us coming to Kohls stores in the fall
A well-loved baby store is making a comeback this fall.
A well-loved baby store is making a comeback this fall.
Costco's return policy put to the test after couple brings back 5-year-old mattress
A TikTok video shows a couple attempting to return a half-decade-old mattress to Costco as social media users react.
A TikTok video shows a couple attempting to return a half-decade-old mattress to Costco as social media users react.
Intel to layoff roughly 15,000 workers amid revenue slump
Intel Corp. sent a memo to employees on Thursday announcing that the company would be cutting nearly15,000 jobs.
Intel Corp. sent a memo to employees on Thursday announcing that the company would be cutting nearly15,000 jobs.
Lululemon removes new clothing item after social media users sound off
A Lululemon spokesperson says the company is a 'test and learn organization.'
A Lululemon spokesperson says the company is a 'test and learn organization.'
Delta seeks compensation for CrowdStrike, Microsoft outage: reports
Delta Air Lines announced plans to seek compensation from Microsoft and CrowdStrike.
Delta Air Lines announced plans to seek compensation from Microsoft and CrowdStrike.
Target launching denim take back event. Here's how it works
The retail giant’s new denim promotion begins in August and here’s what you need to know.
The retail giant’s new denim promotion begins in August and here’s what you need to know.
Albertsons and Kroger agree to pause merger amid legal, regulatory challenges
Albertsons and Kroger agreed to pause merger amid legal and regulatory challenges.
Albertsons and Kroger agreed to pause merger amid legal and regulatory challenges.
Mortgage rates barely budged this week as more listings flood the market
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
Champagne sales down worldwide in 2024, industry executives cite lack of 'cheer'
One executive claims a lack of "cheer" worldwide caused bubbly sales to go flat in the first half of 2024, according to an earnings call this week.
One executive claims a lack of "cheer" worldwide caused bubbly sales to go flat in the first half of 2024, according to an earnings call this week.
Home goods retailer files for bankruptcy, to close over 70 stores
The company said store closures will span 13 states.
The company said store closures will span 13 states.
First-time homebuyers are often overwhelmed by unexpected homeownership costs: study
Younger first-time buyers often don't consider additional housing costs such as repairs, improvements and emergencies.
Younger first-time buyers often don't consider additional housing costs such as repairs, improvements and emergencies.
SBA services for businesses impacted by Beryl
The Small Business Administration announced they were opening a Business Recovery Center in Galveston to help businesses, homeowners, renters, and non-profits get access to disaster loans.
The Small Business Administration announced they were opening a Business Recovery Center in Galveston to help businesses, homeowners, renters, and non-profits get access to disaster loans.
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.
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.
Texas program could offer assistance to small businesses affected by disaster
Small businesses hit hard by Hurricane Beryl closures could see relief from Texas lawmakers in the form of bridge loans.
Small businesses hit hard by Hurricane Beryl closures could see relief from Texas lawmakers in the form of bridge loans.
Disaster assistance available for businesses
Houston businesses are also among the hundreds of thousands without power after Hurricane Beryl. FOX 26 Business reporter Tom Zizka spoke to the small companies facing challenges.
Houston businesses are also among the hundreds of thousands without power after Hurricane Beryl. FOX 26 Business reporter Tom Zizka spoke to the small companies facing challenges.
Consumers find mild relief as June inflation dips by 0.1 percent
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
MOD Pizza announces new owner amid financial woes
The fast-casual pizza chain has new ownership and a plan to improve its business.
The fast-casual pizza chain has new ownership and a plan to improve its business.
Stop & Shop to close 32 underperforming grocery stores; see the list
Regional grocery chain Stop & Shop has announced which "underperforming" store locations will be closing before the end of the year.
Regional grocery chain Stop & Shop has announced which "underperforming" store locations will be closing before the end of the year.
Kroger, Albertsons identify nearly 600 stores to be sold in merger: Full list
Kroger and Albertsons have identified 579 U.S. stores that they intend to offload from their combined grocery store count in an effort to merge.
Kroger and Albertsons have identified 579 U.S. stores that they intend to offload from their combined grocery store count in an effort to merge.