Fossil to close up to 15 more stores in 2026 as turnaround continues

Fossil Group plans to close up to 15 stores in 2026 as part of its ongoing turnaround strategy aimed at cutting costs and improving profitability.

Target issues recall of Cat & Jack kids' sandals

Target is recalling about 211,000 pairs of kids’ sandals after federal safety regulators warned of a potential choking hazard from the plastic pearls on the shoes that can become detached. 

Toddler kitchen step stools sold on Target, Amazon recalled after tip-over risk

More than 116,000 Boon toddler step stools sold online have been recalled after officials warned they can tip over, creating a risk of serious injury or death.

Fairlife production halted across U.S. following network hack

The Coca-Cola Company has temporarily halted U.S. manufacturing operations for its fairlife dairy brand after discovering a cyberattack on its networks. An unauthorized third party gained access to a portion of the company's systems during a recent ransomware event.

7-Eleven parent details plan to close hundreds of US stores

Seven & i Holdings, the parent company of 7-Eleven, has provided new details about its plan to reshape its U.S. store network during fiscal year 2026.

BMW recalls 29,000 vehicles, advises drivers to park outside

German automaker BMW is recalling three of its hybrid models over concerns about an issue with the starter that could cause it to overheat, even when the car is not running. The recall covers more than 29,000 vehicles in all.

Subaru recalls over 540,000 Ascent, Forester, and Crosstrek SUVs

Well over a half-million Subaru vehicles were recalled over concerns that an incorrectly listed weight rating could lead to a crash. The recall affects four of the Japanese automaker’s most popular models. 

Costco issues warning notice for plant due to invasive insect infestation concern

Costco informed shoppers who purchased desert willow plants between June 24 and July 3 that they may carry an invasive insect that threatens vineyards.

The overlooked obstacle keeping America from building the homes it needs

Behind the scenes, homebuilders are grappling with an overlooked challenge that is slowing construction and making it harder to close the nation's housing gap.

Consumers shouldn't expect prices to fall anytime soon, top economist warns

Conference Board Chief Economist Dana M. Peterson says consumers are abandoning big-ticket items as housing, healthcare, ad insurance costs influence spending.

Cash App owner Block to pay $45M to settle fraud protection claims by 46 states

Block, the parent company of Cash App, has agreed to pay $45 million and improve its fraud prevention and customer support to settle allegations from 46 states that it failed to adequately protect users from scams.

Cuisinart recalls more than 12,000 gas grills over shattering glass hazard

The Consumer Product Safety Commission announced that the new recall covers Cuisinart Propel+ Four Burner 3-in-1 Gas Grills sold in stores and online between 2024 and 2026.

Yard tools sold at Lowe's recalled after batteries linked to fire hazard

More than 554,000 Kobalt yard power tools sold at Lowe's have been recalled because certain USB-C lithium-ion batteries can short-circuit and catch fire while charging inside the tools.

Mortgage rates are climbing: What homebuyers need to know

While rates remain slightly below where they were a year ago, higher mortgage costs continue to weigh on the housing market by reducing buyers' purchasing power.

Millions of eye drops recalled nationwide due to potential foreign substance

A massive recall has pulled over 2.5 million bottles of a common prescription eye drop from store shelves due to the potential presence of a foreign substance.