Consumer Spending Rose in February by 0.2%
Shoppers around the country spent a little more money last month than they did in January, but not by much.
Numbers released by the Commerce Department this week showed retail...
Deadline Looms for Additional ‘Reciprocal’ Tariffs
Any economic concerns over President Donald Trump’s on-again, off-again tariff policies could be exacerbated soon.
White House staffers are getting ready to impose new tariffs on a variety of imports...
PepsiCo Buying Poppi in $1.65 Billion Deal
PURCHASE, N.Y. and AUSTIN, Texas (PRNewswire) — PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated...
Forever 21 Closing U.S. Stores, Filing for Bankruptcy
Succumbing to competition from online retailers such as Amazon and Temu, officials at Forever 21 announced this week the company has filed for bankruptcy protection.
It’s the second time in...
Boston Celtics Being Sold for $6.1 Billion
The Boston Celtics are being sold, and for a record amount of money.
Celtics ownership announced Thursday morning they are selling to team to William Chisholm, the co-founder and managing partner of...
Unemployment Applications Climb Slightly
The number of Americans seeking unemployment benefits rose slightly last week.
U.S. jobless claims filings rose by 2,000 to 223,000 for the week ending March 15, according to statistics released...
‘Know Your Programs’ in Wake of Executive Orders, HR Experts Say
HR professionals in a SHRM webinar said knowing their programs is the best way for businesses to navigate executive orders.
Businesses Ignore Digital Defenses at Their Own Peril
Some experts say many businesses are "shockingly" under-prepared for the increasing frequency and sophistication of cyber attacks.
Fed Holds Interest Rates Steady, Awaiting Tariff Impacts
As they wait to see the impact of tariffs on the U.S. economy, the Federal Reserve opted to leave interest rates right where they are.
Canada, EU Retaliate Against Increased U.S. Tariffs
It didn’t take long for Canada and the European Union to retaliate against President Donald Trump’s decision to increase tariffs on aluminum and steel.
According to published reports, Canada –...
Inflation Slows Amid Tariff Uncertainty
While the stock market continues to react negatively to U.S. tariffs being imposed by the White House, the volatility doesn’t seem to be spreading to the inflation rate, at...
Record Sales Push Legos to Top of Toymaker List
Lego A/S grabbed more market share from its biggest competitors last year, cementing its positions as the world’s largest toymaker, after revenue grew to a record.
The Danish maker of...
Fewer Americans File for Unemployment Benefits
The U.S. job market appears to remain healthy, if unemployment claims are any indication.
The number of Americans filing for unemployment benefits fell slightly last week, dropping to 220,000 for...
Inflation Data Dominates Economic Landscape
Inflation data dominates the economic calendar this week. The total and core Consumer Price Indexes (CPI) likely rose at a more moderate pace in February after sharp increases in...
Ford Names Michael Aragon to Lead Integrated Services
Ford Motor Company announced that Mike Aragon will join the company as president, Integrated Services. Aragon is an accomplished technology leader with 25 years of experience building high-growth software...
Business Leaders Share Insights on Talent and Culture
The Best and Brightest Executive Leadership Summit brought business leaders together to talk about challenges and share best practices.
Best and Brightest Winners Honored at Executive Leadership Summit
Best and Brightest Award winners from around the country were honored at Tuesday's Best and Brightest Executive Leadership Summit.
APACC’s East-West Event Offers International Connections
The Asian Pacific American Chamber of Commerce's 22nd East-West event matches vendors with buyers with an international flavor.
Walgreens Inks Deal to Take Drugstore Chain Private
Officials for the drugstore chain Walgreens announced on Thursday it had reached a deal with private equity firm Sycamore Partners that will take it off the public market for an equity...
U.S. Delays Mexico, Canada Tariffs for 30 Days
Early Thursday, Commerce Secretary Howard Lutnick hinted that President Donald Trump was leaning toward delaying tariffs on Mexico and Canada.
A few hours later, Trump proved he was at least...
