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Dick’s Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl

Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer…

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Investing

Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer…

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Investing

X sees major outages as Musk claims ‘massive cyberattack’ hit platform

Three separate outages appeared to hit Elon Musk’s X social media site Monday as he claimed it was suffering a ‘massive cyberattack.’…

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Investing

Tesla shares plunge 15%, steepest drop in five years

Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market…

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Investing

Trump Organization sues Capital One bank over account closures after Jan. 6 Capitol riot

The Trump Organization sued Capital One in Florida on Friday for allegedly “unjustifiably” closing more than 300 of the company’s bank accounts on the heels of…

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Investing

Rules for repaying Social Security benefits are about to get stricter. Here’s what to know.

If you receive more Social Security benefits than you are owed, you may face a 100% default withholding rate from your monthly checks…

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Investing

Here’s why banks don’t want the CFPB to disappear

For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the…

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Investing

Walgreens to go private in roughly $10 billion deal

Struggling drugstore chain Walgreens is going private.  The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it…

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Investing

Applebee’s owner Dine Brands to lean on value, marketing to reverse sales declines

Dine Brands hopes to boost sales this year with a wider swath of value meals and buzzier advertising after a rough 2024 for…

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Investing

Macy’s turnaround hinges on revamping some stores and closing others. It appears to be working.

Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a…

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