Economy

Economy
Economy

Popular men’s fashion retail chain files Chapter 11 bankruptcy

Menswear retailers have been recovering over the last six years since the Covid-19 pandemic, led by Men’s Wearhouse and Jos. A. Bank owner Tailored Brands, which plans to open 20 stores by the end of 2026 and another 30 in 2027. Tailored Brands had closed over 400 stores when it filed for Chapter 11 bankruptcy

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Economy

Costco makes key move to expand membership base

Costco is known as the place to go when you want bulk paper towels, produce, and snacks at a reasonable price. But anyone who pays for a Costco membership knows that the company offers a lot more than just giant packages of household goods and food staples. The warehouse club has steadily built a much

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Economy

Sam’s Club adds Everyday Dose coffee brand, challenging Starbucks

It wasn’t that long ago that, for many Americans, caffeine was the only functional part of whatever beverage they might be drinking. People weren’t looking for their soda to provide probiotics, prebiotics, or protein. Consumers might have looked to their beverage for an energy spike or to help them through a long ride, but that

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Economy

Walmart, Harris Teeter recall fruit bars over glass risk

A popular frozen fruit bar brand is recalling products nationwide after consumers reported finding glass in them. Dreyer’s Grand Ice Cream is voluntarily recalling select Outshine Fruit Bars because of possible contamination with glass, according to an August 18 notice posted by the Food and Drug Administration. The recall covers selected batches of five flavors

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Economy

Wall Street is starting to warm to Apple’s $2,199 foldable gamble

Most technology gets cheaper the longer it stays on sale. That is the bargain buyers have come to expect. Wait a generation or two, and the gadget that cost a fortune at launch turns up at half the price with twice the storage. Folding phones never honored that bargain. Seven years after the first one

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Economy

Bank of America resets Home Depot stock price forecast

Home Depot entered its latest earnings report with the housing market still under pressure, but Bank of America sees enough strength inside the business to stay bullish on the stock. Bank of America analyst Christopher Nardone reiterated a Buy rating on Home Depot (HD) and lowered the firm’s price objective to $407 from $412, in

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Economy

Does Coca-Cola pay dividends? Its yield & payout explained

While 2026 has been a roller coaster ride on Wall Street, shares of Coca-Cola (KO) have been positively effervescent — bubbling to record highs. On July 28, 2026, shares of KO reached an all-time high after its latest earnings report demonstrated, once again, how strong and resilient its business is. The beverage giant posted an

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Economy

T-Mobile suffers a loss as competition for customers intensifies

T-Mobile has lost a major ranking amid increased competition in the telecommunications market.  Over the past year, T-Mobile has struggled with customer retention as AT&T and Verizon have ramped up promotions, discounts, and, more recently, lower-priced phone plans to lure price-conscious consumers.  Cable operators have also become a growing threat as they roll out bundled

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Economy

AT&T stands to gain as Verizon loses a customer related battle

Both AT&T and Verizon sold their customers’ real-time location data to aggregators who resold it to almost anyone willing to pay. Both got fined. Both fought back. One of them just ran out of road. On Aug. 17, the Supreme Court denied Verizon’s petition to recover the $47 million it paid the Federal Communications Commission

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Economy

Popular restaurant company continues closing locations

A major restaurant company is continuing to trim its footprint as it works to strengthen some of its biggest brands, with more closures ahead. The latest shutdowns come as the company navigates a broader turnaround plan that includes updating restaurants, improving the customer experience, and reassessing its store base. While sales have remained positive across

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