Tag: Central bank

Mall-based fashion retailers have battled financial distress, leading to store closings and bankruptcy filings over the last year. And the store closing trend is continuing into 2026, as e-commerce grows. Retail chains cite many of the same reasons for their economic problems, including fierce …

Sports fans will often wear their favorite team’s gear on gameday, whether it’s a hat, t-shirt, hoodie, or jacket. I even wear my San Francisco 49ers-themed Nike sneakers on gameday, but I need to put them away for another year, as my team’s season has ended for the 31st straight year without a …

My car mostly runs on electricity and has a tiny two-gallon gas backup. On long trips, I stop at gas stations more often than I did with a traditional car, but the tank fills quickly, and I rarely go inside the store. Drivers of electric vehicles are visiting convenience stores less often…

Investors bank on US earnings strength as policy noise grows louder

Back in 1993, Shoshanna Lonstein Gruss, then just Shoshanna Lonstein, became a tabloid darling because she dated Jerry Seinfeld at the height of his sitcom fame. That was before you could be social media famous, but essentially, she was one of the first influencers, and she parlayed the fame of her …

Supreme Court tests limits of Trump’s power over the economy in fight over Fed’s Lisa Cook

Fed interest rate expectations are hitting a wall of silence as the central bank’s official blackout period begins Saturday, January 17. Ahead of the crucial January 28 FOMC meeting, a series of hot labor reports and sticky inflation data have already forced a massive market recalibration…

WestJet to drop non-reclinable economy seats after backlash

Fried chicken dining chains were the leading subsector of the fast-food industry in 2025 as traffic to chicken concepts rose 3% in the year ending September 2025, while all concepts dropped 1% compared to the previous year, according to market research firm Circana, as reported by Fast Company…

Bank of America (BAC) just sent a clear message to Washington following renewed talk of capping credit-card interest rates at 10%. CEO Brian Moynihan didn’t mince words, saying that although the idea may sound consumer-friendly, a hard cap will likely compel banks to limit credit, especially for …