Business

The Federal Reserve will cut their key interest rate by a quarter point. It’s the second straight cut from the Fed.

If it doesn’t feel like the holiday season quite yet, it certainly will Thursday thanks to the return of Starbucks red holiday cups.

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items, too.

Target has joined other big-box retailers in rolling out Thanksgiving meals that it says will cost less than previous years’ offerings.

All remaining locations will officially close by the end of the year.

As global lockdowns began in 2020, sports fans surged online and Liberty Media had a chance to realize Chairman John Malone’s vision. 

Hardware store True Value says it has filed for bankruptcy and intends to sell to a rival.

The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.

True Value, a 76-year-old hardware store headquartered in Chicago, revealed Monday it filed for bankruptcy and sell its operations.

A breakup would be a stunning reversal for CVS, which has spent tens of billions of dollars on acquisitions to turn itself into a one-stop health destination.

Experts call it completely unnecessary, yet some are apparently unable to resist the urge to panic-buy right now.

A grant program is helping bring downtown D.C. back to life by luring new business. The first Vitality Grant was awarded in Jan. 2023. Since the program launched, $2.06 million has been given to six companies, resulting in 813 jobs and 143,475 square feet of leased office space. Travis Rush, CEO of association management firm Kellen, said the proximity to…

A grant program is helping D.C. attract new business as downtown D.C. recovers. News4’s Mark Segraves reports.

Julissa Prado is the co-founder of Rizos Curls, a hair care line that began out of her frustration with the lack of clean products for curly, te hair.

Big Lots filed for Chapter 11 bankruptcy protection on Monday, and plans to sell to a private equity firm.

“There’s a lot of tire carrying in this job.” In this new edition of Tommy Tries It, News4’s Tommy McFly goes to Mac’s Tire Service  in Northeast D.C. to see how the family-owned business has kept D.C. moving since 1981.

A medical anthropologist explains the pros of mandatory retirement as many continue to work passed the point where they are eligible for full retirement benefits and Social Security payments.

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.

Next time you shop at Costco, don’t be surprised if you’re asked to scan your membership card rather than showing it to the employee at the entrance.

A judge on Monday ruled that Google’s ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world’s best-known companies.