Microsoft to lay off about 3% of its workforce
Microsoft announced a round of layoffs this week that will affect thousands of employees.
UnitedHealth Group CEO steps down, company suspends 2025 outlook
UnitedHealth Group CEO Andrew Witty is stepping down from his position with the United States' largest health insurer. Meanwhile, the company suspended its 2025 full-year financial outlook due to higher-than-expected medical costs.
Barstool's Dave Portnoy offers investing advice, but reveals one big caveat
El Presidente dishes on his investment strategy.
Chipotle sets goal to open over 300 new locations this year
Chipotle is planning for a big expansion across the country this year to help accommodate digital food orders.
Disney World trip leaves Florida dad stunned after $1,400 price tag for day at theme park
A Florida father is speaking out after a one-day visit to Orlando's Walt Disney World with his wife and three children cost nearly $1,400 — a price he says may not be worth it.
Target pulls the plug on self-checkout amid shoplifting surge
Target is the latest to join other major retailers in cutting back on self-checkout machines.
Warren Buffett will remain chairman at Berkshire Hathaway after retiring as CEO
The billionaire says he’s stepping down from his role as CEO at the end of the year.
Business owner facing steep tariffs tests whether people will pay for 'Made in USA'
A business offered customers a choice between a foreign-made product or the same item made in the U.S. at a much higher cost - and was overwhelmed by the results.
Cheap shipments from China are no longer duty-free
With the exemption ending, consumers will see higher prices and delays when tariffs are collected by the government on every shipment.
Kohl's CEO Ashley Buchanan fired after investigation
CEO Ashley Buchanan took the job in January, the third CEO for Kohl’s in three years. Here's what to know.
McDonald's sees unexpected drop in customers amid economic uncertainty
McDonald’s restaurants sales in the U.S. dipped in the first part of the year, marking the burger chain's largest decline since 2020.
Jack in the Box closing up to 200 'underperforming' locations: What to know
Jack in the Box said 150 to 200 of its “underperforming" restaurants are slated to close, and a majority will happen by the end of the year.
Intel to lay off over 20% of its workers. What we know
The job cuts come as Intel works to modify its business operations.
What's driving Americans' record-high credit card debt? Annual survey reveals answers
Industry analysts warn that carrying a credit card balance is a slippery slope.
Barnes & Noble opening dozens of new stores in 2025 thanks to BookTok: Here's what's already opened
The book retailer is opening additional locations, and these are some of the news stores that have opened so far.
Judge scraps Biden-era rule capping credit card late fees: What to know
A federal judge has scrapped a rule from the Biden administration that would have placed a cap on credit card late fees.
Starbucks sets new dress code for workers as it revamps cafe look
Starbucks is implementing a new dress code for workers across its North American stores next month, as the coffee giant aims to refresh its store image and boost business under CEO Brian Niccol.
US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
EOC raises concerns on tariff war and immigration
Even though the president paused other big parts of his tariff plan... The uncertainty is still weighing on many economists.
Inflation fell in March despite Trump tariffs: Here's why
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.