Business

Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.

Restaurant employees rely on the kindness of customers when it comes to tips, which can make up a sizable portion of their take home pay based on findings in a new report.

Viral social media stories and posts that claim taxpayers in some states will receive a $2,000 (or more) government stimulus check as the holiday season begins are again making the rounds online. 

In Prince George’s County, two significant electric vehicle bills are up for a final vote on Tuesday, with the sponsoring councilmembers planning a rally before the council session begins.

With several casual restaurant chains facing financial hardships, experts are weighing in on what this could mean for the industry.

Housing costs rose to record numbers in 2024.

Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.

Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

A new study reveals that household debt is increasingly becoming a source of stress for many Americans.

Red Lobster recently revamped its menu bringing back these popular food items to its restaurants.

Thanksgiving is fast approaching, and people are making room in their freezers for the holiday's star attraction: the turkey. This year, turkey prices average about $2.08 per pound, according to a new study from FinanceBuzz, which compiled data from grocery stores across the United States. A 15-pound turkey, enough to serve 10 people, will cost around $31.

The furniture and appliance retailer is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.

Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.

The Department of Labor received two separate tips that minors were possibly working at two Tyson Foods plants in Arkansas.

The U.S. stock market, Elon Musk's Tesla, banks and bitcoin are storming higher as investors bet on what Donald Trump's return to the White House will mean for the economy and world.

TGI Friday's has filed for Chapter 11 bankruptcy protection.

The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.