His business model was one of the first retail category killers.
u.s. economy
Posted inBusiness, Nation & World
Fed expected to raise interest rates at first meeting with new chairman
Officials are also meeting for the first time since Republicans passed a $1.5 trillion tax cut last year.
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Posted inBusiness
Surge in airline hiring draws aspiring pilots
Smaller airlines in the U.S. are struggling with a shortage as they lose pilots to bigger carriers.
Posted inBusiness, Nation & World
Outlook for growth of world economy gets even rosier
The OECD raises its global expansion forecast to 3.9 percent in 2018 and 2019, partly crediting the U.S. tax cuts.
Posted inBusiness, Politics
Stock market investors no longer feeling immune to Trump’s actions
They can’t brush aside politics when changes such as steel tariffs and tax reform start affecting corporate profits.
Posted inBusiness, Nation & World
Toys ‘R’ Us near shutdown of U.S. division
Hopes are fading that a buyer will emerge to keep some of the business operating.
Posted inBusiness, Nation & World
New York City getting close to finding a spot for ‘Fearless Girl’ statue
The popular symbol of female empowerment, which was draped with flowers on Women’s Day, now stands across from the ‘Charging Bull’ sculpture but is due to receive a permanent home.
Posted inBusiness, Nation & World
U.S. consumer spending up only slightly in January
But gains in income will likely spur more spending in the coming months.
Posted inBusiness
Powell says Fed believes rates can go up gradually
The central bank chairman clarifies his comments earlier in the week that sent the market lower.
Posted inBusiness, News
Signs of returning inflation have investors concerned
Economists say the effects likely will be minimal, but here are five ways to track the changes.