Business

Major retailer says 'no' to California, pulls zero punches outlining economic 'reality'

Bed Bath & Beyond’s Executive Chairman Marcus Lemonis announced on Wednesday that the company won't open or operate retail stores…

McDonald's to slash combo meal prices to win back budget-conscious shoppers

McDonald's franchisees will cut the cost of combo meals to revive the chain’s image as an affordable option at a…

Trump calls for Fed governor's resignation as ally requests DOJ probe

President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after one of his allies submitted…

Trump hits Federal Reserve Chair Powell over housing industry in latest attack, blasting mortgage rates

President Donald Trump this week launched twin attacks on social media against Federal Reserve Chair Jerome Powell and Federal Reserve…

Target names new CEO as retailer fights to reverse sales slump

Target announced on Wednesday that Chief Operating Officer Michael Fiddelke will become its next CEO as the embattled retailer pushes…

Powell faces economic crossroads in Jackson Hole speech as Fed chair tenure nears end

Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event on Friday at a crucial…