US-built vehicles cost $53,000 on average, pricing out budget shoppers
President Donald Trump's tariffs on imported vehicles and parts are driving up car prices, and the average cost of U.S.-made cars is $53,000, higher than the $49,000 industry average.
Shake Shack jumps into loyalty game with $1 sodas amid economic uncertainty
Shake Shack launches its first loyalty program amid economic uncertainty, offering $1 sodas and discounts to boost business through its app and website.
Macy's joins retail giants warning of price hikes as tariffs weigh
Macy's is navigating tariff impacts, warning of selective price increases and strategic changes, aiming to sustain profitability amid a competitive retail landscape.
JPMorgan expands affluent banking network with 14 new financial centers
JPMorgan Chase aims to double its J.P. Morgan Financial Centers, focusing on affluent clients with personalized banking and wealth management services.
Empty boxes and missing parts: Shoppers are exploiting retail return policies
Return fraud, including tactics like wardrobing and bricking, challenges retailers. Companies invest in data analytics to detect fraud while maintaining customer trust.
Salesforce to acquire Informatica for $8B to boost AI capabilities
Salesforce's $8 billion acquisition of Informatica aims to strengthen its position in the enterprise data market by integrating advanced data management and AI solutions.
Southwest Airlines ends era of free checked bags as profit pressures mount
Southwest Airlines will begin charging for checked bags, breaking from its long-standing policy, and launching a basic fare to enhance profitability and customer reach.
Southwest Airlines risks losing customers over new bag policy, expert says
Southwest Airlines is ending its two bags fly free policy for every traveler on May 28
Transportation Dept offers air traffic controllers 20% bonus to delay retirement as staffing crisis deepens
Amid air traffic control shortages, Transportation Secretary Sean Duffy outlines plans to retain experienced staff, hire new controllers, and improve training at the FAA Academy.