Workers at America’s largest private employer will soon be getting raises. Walmart announced last week that the average salary for store managers will…
Business
-
-
Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units, according…
-
Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department…
-
BusinessEditor's Pick
Americans are feeling optimistic about the economy again, with some exceptions
American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some had…
-
Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of…
-
The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to start…
-
The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by Front Office Sports,…
-
BusinessEditor's Pick
A Burt’s Bees, Hidden Valley Ranch lip balm collaboration has already sold out
If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait. On Wednesday, balm…
-
Winter weather can cause bigger headaches for electric vehicle drivers than shoveling their driveways. Many are finding cold temperatures reduce their cars’ driving…
-
BusinessEditor's Pick
Mortgage rates are expected to fall below 6% this year, according to Fannie Mae
After reaching a post-pandemic high of 7.8% last fall, the average 30-year mortgage rate is now expected to end the year below 6%,…