Hardware wholesaler True Value files for bankruptcy, plans sale to rival

Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is planning to sell by the end of the year to rival Do It Best.

Major paint company to lay off 1,800 workers, close facilities

The company is cutting nearly 2,000 jobs in the U.S. and Europe as it undergoes a comprehensive cost reduction program. It's also selling its architectural business.

Holiday spending projected to hit new record this year

Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.

Big Lots to shutter more than 50 retail locations

Big Lots aims to permanently close the doors of more than 50 stores in numerous U.S. states.

Walgreens to close 1,200 stores across country

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss.

7-Eleven closing more than 400 locations

7-Eleven is closing hundreds of store locations across North America due to underperformance.

Pink Floyd sells music for $400 million - see who else has made huge deals

Pink Floyd is the latest to participate in an ongoing trend of big acts and their rights holders making deals to sell their back-catalogs for a big sum. See who else has cashed in.

Taxpayers in these 24 states will be able to file their returns directly with the IRS

The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.

Source: Dockworkers' union suspends port strike until Jan. 15 to allow time to negotiate new contract

The union, the International Longshoremen's Association, is to resume working at least until January said the person, who spoke on condition of anonymity because the agreement has yet to be signed.

Will the US port strike raise gas prices? What you need to know

Experts say the U.S. port strike could eventually affect the oil and gas industry. While no immediate disruptions are expected, the real question is whether prolonged strikes could lead to price hikes.

Strike at ports update: 45,000 stop work along East Coast, Gulf docks

A union contract involving 45,000 dockworkers lapsed on Monday, kicking off a strike that could shut down ports across the East and Gulf coasts. Here's how it could impact you.

Port strike looming: What to know and expect

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.

US ready to crack down on cheap shopping site beloved by American bargain hunters

The House Intelligence Committee is requesting a briefing from the FBI and Securities Exchange Commission on Chinese Communist Party-linked e-commerce company Temu and its parent company Pinduoduo (PDD) amid concerns of exploitation of U.S. data.

How the Fed's rate cut will impact auto loans

It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, analysts found.