Saks Fifth Avenue, Neiman Marcus closing several stores: What to know

The parent company of Saks Fifth Avenue and Neiman Marcus will close more department stores as part of its bankruptcy restructuring. Here's what we know.

US employers unexpectedly cut 92,000 jobs in February, unemployment slightly higher at 4.4%

The Labor Department's Bureau of Labor Statistics (BLS) jobs report released Friday shows American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%.

Morgan Stanley cuts 2,500 jobs despite posting record revenue year across all divisions

Morgan Stanley has cut 3% of its workforce, impacting roughly 2,500 employees across investment banking and wealth management divisions in the company's latest restructuring.

Judge orders Trump to refund tariff money
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A multi-billion dollar setback for the Trump administration. A federal judge has cleared the way for thousands of businesses to receive refunds for tariffs. Fox Business correspondent Lydia Hu has the details.

Six Flags to sell 7 of its amusement parks in $331M deal: See the list

Six Flags, the largest regional theme park company in the world, has faced financial struggles and leadership changes after an $8 billion merger with Cedar Fair in 2024

Stimulus payment March 2026, IRS direct deposit relief, tariff dividend & tax refund fact check

Claims about new stimulus checks, IRS direct deposits, relief payments and tariff dividends circulated widely throughout 2025, and they’re still making the rounds in 2026. The question is whether any of it actually checks out.

Trump tariffs: FedEx promises refund
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Officials with FedEx have promised to return any tariff refunds to customers who paid added charges under President Trump's trade rules. In other news, at least two class-action lawsuits have been filed on the tariffs.

Papa Johns is closing 300 restaurants: What to know

Papa Johns has announced plans to close roughly 300 restaurants across North America. Here's what we know.

State Farm to issue $100 average refunds to car insurance customers: What to know

State Farm says it’s giving $5 billion in cash back to its car insurance customers, which amounts to a $100 average refund for more than 49 million policies. Here’s what to know:

Block layoffs: Tech company slashes staff by 40%

Block is laying off 40% of its workforce in favor of AI expansion, the company announced on Thursday. 

Controversial dating service Ashley Madison sheds ‘adulterous past’ with major rebrand to ‘discreet dating’

Controversial online dating service Ashley Madison, long known for catering to married people with the slogan "Life is short. Have an affair," is ditching its focus on infidelity and adultery as part of a major rebrand. 

Lamborghini scraps first EV launch, calls development 'expensive hobby'

Lamborghini CEO Stephan Winkelmann says the luxury automaker will replace the electric Lanzador with a plug-in hybrid after finding "close to zero" demand.