Costco got $184 million in tariff refunds — here's what it did with the money

Costco on Thursday said it received $184 million in tariff refunds in the company's fourth quarter, the majority of which was reinvested into lower pricing for members shopping at the retail giant's warehouses.

Cato Fashions to close 120 stores amid pressure on shoppers’ spending

The Cato Corporation, parent company of Cato Fashions, plans to close 120 stores by the end of its fiscal year, citing pressure on consumers’ discretionary spending.

Map: Mortgage rates are rising slower in these states

WalletHub ranked all 50 states showing which ones had mortgage rates increasing faster than others.

Starbucks to close 250 stores this week

Starbucks is closing dozens of locations nationwide as part of a broader corporate restructuring strategy by the coffee giant to optimize store performance.

Bank of America to hire 1,000 more apprentices, invest $150M in workforce development

Bank of America is expanding its skills-based hiring efforts, announcing Thursday that it will hire 1,000 additional apprentices over the next two years while investing $150 million in workforce development programs.

Cities where you'll save the most by renting instead of buying a home

A new analysis reveals that renting is cheaper than buying in every major U.S. metro—but here's where renters are saving the most.

These cities are spending the most on fast food

Fast food restaurants are famous for offering quick and easy eats without breaking the bank.

Major Wendy's franchisee files for bankruptcy

One of the largest Wendy’s franchisees in the U.S. has filed for Chapter 11 bankruptcy protection following a high-stakes dispute with the fast-food chain's corporate parent.

Volkswagen recalls 208,000 SUVs over bolts that could cause steering loss

Volkswagen Group of America is recalling more than 208,000 vehicles in the U.S. over a steering rack mounting bolt that can corrode and break, potentially causing a loss of steering control.

The fast-food chain where managers average more than $200K a year

In-N-Out Burger store managers make more than $200,000 annually on average, which the fast-food chain says reflects the company's philosophy of investing in its workforce.

California reaches settlement with Paramount, paving way for Warner Bros. merger

Skydance-owned Paramount reached a settlement Monday with California and other states that had sued to challenge the company’s buyout of Warner Bros. Discovery, effectively paving the way for the mega merger to move forward.

Converse apologizes, pulls new ad after claims of racist imagery

Shoemaker Converse has apologized and pulled a social media ad after it sparked a backlash from people who said the image evoked the Ku Klux Klan and lynching. 

Walmart, Ulta, Kay among 10 chains targeted in multi-state shoplifting and smash-and-grab thefts; 11 indicted

National chains like Walmart, Home Depot, Ulta, and Kay Jewelers were among the retailers targeted by an alleged crime ring accused of conducting snatch-and-grab jewelry robberies and going on shoplifting sprees across multiple states. 

Major airlines adjust flight schedules as jet fuel prices surge

American, United and Southwest Airlines are adjusting flight capacity and schedules as higher jet fuel prices increase operating costs.

National Cheeseburger Day 2026: Burger deals at McDonald's, Wendy's and others

Americans celebrating National Cheeseburger Day Friday can score free and discounted burgers at major restaurant chains, including McDonald's, Burger King, Wendy's, Five Guys and others.

LA County launches grants up to $3,000 for businesses impacted by Lineage Fire, East LA oil spill

Officials in Los Angeles County announced the launch of a grant program offering up to $3,000 to small businesses affected by the Lineage Fire in Boyle Heights, as well as the oil spill in East LA.

These are the states with the most unclaimed tax refunds per 100,000 residents

Millions in potential tax refunds are going unclaimed across the U.S. See which states have the most money left on the table, according to new data.

Federal Reserve hikes interest rates - What it means for your wallet and the economy

The Federal Reserve raised its benchmark interest rate by a quarter-point to a range of 3.75% to 4%, aiming to curb persistent inflation amid solid economic activity.