Jobless claims rise by 2,000 as labor market stays tight
The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to a still-tight labor market, while the economy rebounded faster...
GDP grew at revised 3.2% rate in third quarter
Shrugging off rampant inflation and rising interest rates, the US economy grew at an unexpectedly strong 3.2% annual pace from July through September, the government...
AMC Entertainment shares tank after unveiling $110M plan
Meme-stock darling AMC Entertainment saw its share price nosedive Thursday after the world’s largest movie theater chain announced plans to raise $110 million in new...
Sam Bankman-Fried’s Bahamas prison perks included cable TV, air conditioning: report
Disgraced FTX founder Sam Bankman-Fried was kept away from the general prison population and enjoyed special perks such as air-conditioning and cable TV during his...
H&M pulls Justin Bieber merchandise after singer called it ‘trash’
Who’s “Sorry” now? H&M will remove all Justin Bieber merchandise from its shelves after the Canadian pop star took to Instagram and denounced the collection...
Retail traffic data highlights 2022 holiday winners, losers
With three days to go before Christmas, retailers across the country face a turbulent end to a drawn-out, mostly disappointing holiday shopping season. Friday is slated...
Justin Bieber nears $200M deal to sell music rights: report
Pop star Justin Bieber is nearing a deal worth about $200 million to sell his music rights to Blackstone-backed Hipgnosis Songs Capital, the Wall Street Journal reported on Wednesday, citing people...
Salary expectations for American workers hit new high: survey
American job hunters are expecting more money and don’t want to take a new position for less than nearly $74,000 — a new record high....
FCC proposes record $300M fine for ‘auto warranty’ robocalls
The government wants two California men to pay for those annoying robocalls about car warranties. The Federal Communications Commission on Wednesday proposed a $300 million fine...
NYC has lost 781 chain stores since 2019
The invasion of chain stores — often pushing out mom-and-pop operations — slowed to a crawl in the Big Apple this year and has fallen...