Red Lobster's Ultimate Endless Shrimp deal contributed to third-quarter operating loss
Red Lobster posted a huge loss in its third quarter -- linked partly to its Ultimate Endless Shrimp deal, which became a permanent fixture on its menu over the summer.
Home prices continued ascent in September despite soaring mortgage rates: Case-Shiller
Nationwide, home prices rose by 0.3% in September and now stand 3.9% above their year-ago level, according to the latest S&P CoreLogic Case-Shiller Indices report.
Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Here's what ‘job cuffing’ is and how to avoid it
The recent trend has workers sticking it out at their jobs a little longer before searching for the next great opportunity.
Best Buy combating theft with higher staffing levels in stores
Best Buy CEO Corrie Barry acknowledged the nationwide problem but said the electronics retailer has not experienced the significant loss competitors have thanks to its strategy of higher staffing levels, security, and full-service check-outs.
Fed may not be done with interest rate hikes – Here's how that could impact your debt
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Social Security clawed back overpayments tied to COVID-19 stimulus – lawmakers want answers
Some Social Security recipients have erroneously seen their benefits suspended or have been assessed overpayments due to COVID-19 stimulus checks.
Shop local on Small Business Saturday
After Black Friday, is small business Saturday where nearly 100,000 Houston owners hope you choose to shop local over the holiday season. FOX 26's Shelby Rose reports on the impact this time of year has on businesses.
Restaurants, stores open on Thanksgiving
There are a number of restaurants that are open on Thanksgiving Day! Cracker Barrel and Golden Corral locations have turkey dinners available, but if you don't like turkey, a number of other food chains are open to help those cravings.
Sam Altman reinstated as OpenAI CEO days after being ousted, along with new board
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
'Social Commerce': Social media becoming place where more people spend their money
As so many of us begin shopping for the holidays, there's a growing chance some of your money will go towards something you saw on social media.
'Social commerce' is booming, what is it?
As so many of us begin shopping for the holidays, there's a growing chance some of your money will go towards something you saw on social media. FOX 26 Business Reporter Tom Zizka says so-called "social commerce" is attracting an astounding volume of business.
Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics
Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.
OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns
More than 500 of the artificial intelligence company's roughly 770 workers signed a letter, threatening to follow Sam Altman to Microsoft unless their demands are met.
Microsoft hires OpenAI founder Sam Altman after being ousted
Meanwhile, the new head of ChatGPT maker OpenAI said Monday that he would launch an investigation into the firing of Sam Altman -- a corporate shakeup that shocked the artificial intelligence world.
Amazon warns employees: No promotions without following in-office mandate
Amazon employees who don’t abide by the company’s return-to-office mandate could jeopardize their pursuit of promotions.
US Postal Service records whopping $6.5 billion net loss for 2023
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.