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Alibaba Expects to Book $1.28 Billion Loss on Sale of Department Store

The sale comes as Alibaba has been restructuring its businesses to focus on the e-commerce sector amid intensifying competition with its Chinese rivals.

The Wall Street Journal - 2d

Despite Fed cuts, many store credit cards are still charging customers extreme interest rates

Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates (APRs), despite moves by the Federal Reserve to lower interest rates in the economy.

NBC News - 11h

Walmart says it's testing body cameras on some store employees

Walmart says retailing giant is testing pilot in one market, and no longer-term decisions have been made.

CBS News - 1d

Hawley pitches massive increase to child tax credit

Sen. Josh Hawley (R-Mo.) is proposing a huge expansion of the child tax credit (CTC), setting up a potential fight with budget hawks as GOP lawmakers work to hash out their priority tax bill. ...

The Hill - 1d

Walmart employees are now wearing body cameras in some U.S. stores

Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC has learned.

NBC News - 1d

Check Out The Most-Downloaded App Store Games Of 2024

From classic titles to new releases, 2024 has been a big year for mobile games. 2024 is nearly over, and Apple has released a list of the most-downloaded games on the App Store this year. The ...

GameSpot - 1d

Walmart employees are now wearing body cameras in some stores

Walmart store associates are now using body cameras in some locations as retailers look to deter theft and make employees safer.

CNBC - 1d

How are credit card interest charges compounded?

Understanding how credit card interest charges compound is an important part of avoiding serious debt issues.

CBS News - 2d

South Dakota's Nora Store hosts decades-long caroling tradition

For nearly 40 years, Mike Pedersen has brought Christmas cheer to one of South Dakota's smallest towns, hosting caroling at the Nora Store. David Begnaud has the story.

CBS News - 2d

Moody’s Downgrades France’s Credit Rating

The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.

The New York Times - 4d

Macy's says it will close 65 stores this year

Macy's is accelerating store closures, with plans to shutter more than 50 locations.

CBS News - 5d

How are credit card minimum payments calculated?

Knowing how your credit card minimum payments are calculated can help keep you out of serious financial trouble.

CBS News - 5d

Here are the retailers shuttering thousands of stores in 2024

Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.

CBS News - 6d

Treasury expands language for IRA biogas tax credit

The Treasury Department’s rule for implementing the Inflation Reduction Act’s (IRA) renewable energy tax credits will incorporate new language that will provide greater benefits for operations that ...

The Hill - 6d

Apeiron launches as Web3 god game on app stores

Foonie Magus has launched its Web3 god game Apeiron: Godling Genesis on the Apple App Store and Google Play.

VentureBeat - 6d

This Week's Epic Games Store Freebie Takes You To Middle-earth

The Epic Games Store continues to give away a free game each week, and this week is another nice find with a price that can't be beaten. Every Thursday at 8 AM PT / 11 AM ET, Epic offers at least ...

GameSpot - 6d

Selling to Walmart: 56 Insider Tips to Get Your Products on Store Shelves

Inc. tapped successful business owners and experts to bring you this ultimate guide to winning at the world’s biggest retailer.

Inc. - 6d

Epic Games inks partnership to bring its Store to Telefonica devices

Epic Games and Telefonica are partnering to bring the Epic Games Store to the mobile provider's new devices.

VentureBeat - 6d

N.Y.C. Grocery Prices Are High. Could City-Owned Stores Help?

A New York City mayoral candidate wants the city to open its own, more affordable grocery stores. The idea has gained momentum in Chicago and other cities.

The New York Times - 6d

Selfridges’ Thai co-owner says it overpaid for luxury store portfolio

Head of Central Group family conglomerate says higher global interest rates make original £4bn price tag less attractive

Financial Times - Dec. 12

Why are Trader Joe's stores short on eggs?

"Chickens on strike!" reads a sign posted to an empty refrigerator case where you'd normally find cartons of eggs.

The Hill - Dec. 11

Apple names the App Store’s best games and apps of the year

Apple has announced the winners of its annual App Store Awards, including the best games and apps of 2024.

VentureBeat - Dec. 11

Merch glorifying UnitedHealthcare CEO killer floods online stores

On e-commerce platforms like Etsy, TikTok Shop, eBay and Redbubble, sellers are hawking merchandise featuring designs inspired by the fatal shooting of UnitedHealthcare CEO Brian Thompson.

NBC News - Dec. 10

GTA 6 Parody Game Shows Up On PlayStation Store

Considering that it's taken over a decade for Grand Theft Auto 6 to reach players, expectations are sky high for Rockstar Games' next GTA installment. That anticipation and the hype behind it are ...

GameSpot - Dec. 9

Fixing mistakes on your credit report could boost your credit score—here’s how to do it for free

Monitor your credit reports to fix mistakes before they limit your ability to qualify for favorable interest rates on loans or new credit cards. Here's how.

CNBC - Dec. 8

Police unlawfully storing images of innocent people for facial recognition

Privacy fears raised as report warns photographs of arrested people who are then released are being retained. Images of arrested people who were innocent of any crimes are still being stored in a ...

The Guardian - Dec. 8

What’s in store for the U.S. housing market in 2025?

Also: The aging bull market for stocks, the UnitedHealth aftermath and advice from the Moneyist.

MarketWatch - Dec. 7

U.S. consumer credit jumps in October as credit cards drive purchases

Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.

MarketWatch - Dec. 6

Petco’s new CEO wants to make these changes to its stores, as shares gain

When Joel Anderson took the helm at Petco Health & Wellness Co. earlier this year, he said he wanted to improve the pet-supplies chain’s profitability. On Thursday, he offered a more detailed ...

MarketWatch - Dec. 6

U.S. drug store closures create pharmacy deserts

The closures of both independent and big chain drug stores across the U.S. has become a trend that is having a serious impact on health care. Mark Strassmann examines what is behind the change and ...

CBS News - Dec. 5

Moment earthquake hits California and damages store

A tsunami warning was cancelled after the 7.0 magnitude quake shook parts of the West coast.

BBC News - Dec. 5

M&S wins approval to demolish and redevelop flagship Oxford Street store

Permission from housing secretary to knock down art deco building in central London caps lengthy battle by retailer

Financial Times - Dec. 5

Walmart recalls cucumber slices sold in Texas stores over salmonella risk

Walmart is recalling cucumber slices sold in 34 Texas stores over concerns that they may be contaminated with salmonella.

NBC News - Dec. 5

Almost 30 Percent of U.S. Drug Stores Closed in a Decade, Study Says

Closures by big chains and independent stores hit poorer neighborhoods hardest, researchers found.

Inc. - Dec. 4

BlackRock Acquires HPS, a Major Lender of Private Credit

The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.

The New York Times - Dec. 3

What credit card debt relief options work best with bad credit?

A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.

CBS News - Dec. 3

How Amazon Aims to Feed Whole Foods’ Growth With Mini City Stores

Whole Foods is expanding its small format Daily Shop locations to offer fresh produce, groceries, and prepared meals for residents in metropolitan neighborhoods.

Inc. - Dec. 3

Dollar stores are struggling to win over bargain hunters — here’s why

Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.

CNBC - Dec. 3

Dollar stores are struggling to win over bargain hunters — here's why

As shoppers look for value, dollar stores might seem to be logical destinations.

NBC News - Dec. 3

Will credit card interest rates fall this December?

Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.

CBS News - Dec. 2

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