Economy

Economy
Economy

Another travel company ordered to close in bankruptcy, cancel all trips

While a bus tour can be an inexpensive and convenient way for some travelers to explore many nearby parts of the world, tour companies that organize and sell such travel have increasingly been falling upon challenging times. A longtime Virginia household name in the travel industry selling tours across the U.S. and Canada, bus travel

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Economy

Mastercard says 1 in 10 will shop by AI; Morgan Stanley says half

For most of your adult life, you have decided which card comes out of your wallet. Maybe it is the one with the best cashback. Maybe it is the one on top. That decision is starting to move to software. More than one in 10 online shoppers will routinely use AI agents to shop and

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Economy

7-Eleven rival quietly killing a familiar convenience-store brand

Back in the late 70s and early 1980s, my small town had a mom-and-pop convenience store, Paul’s Market, as well as one location of a regional chain, Richdale’s. It later added a store from a larger chain, White Hen Pantry. 7-Eleven and other large chains existed, but local stores, even one-offs, were common. Now, just

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Economy

$6.88 Ground Beef: An Economist Reveals What’s Really Driving Prices

Beef prices are hitting record highs—ground beef at $6.88 a pound, steaks north of $13—and in this eye-opening conversation, Texas A&M agricultural economist David Anderson, PhD breaks down exactly what’s driving the surge and what it means for your grocery bill. From the recent tariff pause and its flood of imported beef, to the crushing

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Economy

Verizon scales back a perk that keeps prices low for customers

Verizon is quietly scaling back a perk it includes in its wireless and internet plans as it works to retain price-conscious customers. The carrier has been struggling with customer retention in recent years amid several price increases.  On an earnings call in January, Verizon CEO Dan Schulman said that the company lost roughly 2.25 million

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Economy

Diner franchisee closes locations ahead of Chapter 7 bankruptcy

Financially strapped dining chains often turn to business lenders for loans to buy time to turn around their operations. Certain restaurant owners are able to cure their economic problems and continue operating, but others who fail to reverse their financial distress will need to close restaurant locations, lay off employees and file for bankruptcy protection.

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Economy

RBC just backed Shake Shack (SHAK) despite its 2026 slide

Shake Shack (SHAK) has had a rough 2026, and the stock now sits about 19% lower for the year. However, a Wall Street firm thinks that decline has gone far enough. On Sept. 8, 2026, RBC Capital Markets started coverage of the burger chain with an Outperform rating and an $89 price target. That target

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Economy

Home Depot tries to copy major Costco perk

If you’ve ever taken on a home renovation project, you probably know the feeling: You make a quick trip to Home Depot for one item, leave with a cart full of supplies, and realize you bought the wrong materials or didn’t buy enough, leading to a repeat trip. For new homeowners, the experience can be

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Economy

Another travel agency shuts down after 19 years

With different estimates pinning the total number of travel agencies registered in the United Kingdom in 2026 at between 16,887 to 17,519, the country surpasses many others on this front due to a historically strong travel culture and national interest in group tours and package holidays. But amid the rise of online booking platforms and

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Economy

Popular women’s clothing chain closes 177 stores

While I buy most of my clothes from Amazon, when I needed a new wardrobe for a video shoot, my wife and I went on a tour of local retailers. Since I needed shirts that would hold up well in hot weather, we went to Target and Bass Pro Shops, and as much as I

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