Walmart Makes History as First Traditional Retailer to Cross $1 Trillion Market Cap
Walmart becomes the first traditional retailer to surpass a $1 trillion market capitalization, fueled by 27% e-commerce growth and a booming advertising business.
998 articles found for "savings"
US Treasury Will Borrow $574 Billion This Quarter as America's Debt Machine Shifts Into Higher Gear
The US Treasury announced plans to borrow $574 billion in Q1 2026 through its quarterly refunding, keeping auction sizes steady but leaning heavily on Treasury bills to finance America's growing debt.
Toyota and Honda Forge Unprecedented Battery Partnership to Weather Tariff Storm
Toyota will supply 400,000 battery packs annually from its North Carolina plant to Honda in an unprecedented deal designed to help both automakers avoid crippling tariffs.
Cigna Beats Q4 Estimates but 2026 Outlook Falls Short as Drug Plan Overhaul Weighs on Profits
Cigna reports adjusted Q4 EPS of $8.08, beating estimates, but 2026 guidance of $30.25 disappoints Wall Street as the insurer restructures its pharmacy benefits business.
48 Million Americans Now Live in 'Pharmacy Deserts' as CVS and Walgreens Accelerate Store Closures
CVS and Walgreens are closing hundreds of stores annually, leaving 48 million Americans in pharmacy deserts where access to prescription medications requires significant travel.
Consumer Spending Posts Sharpest Decline in Four Years as 'Tariff Fatigue' Grips American Households
US consumer spending recorded its steepest drop since 2022 as tariff uncertainty, elevated prices, and wage volatility combine to chill household purchasing across discretionary categories.
January Layoffs Surge to 108,000—Highest Since Great Recession as Corporate America Braces for Uncertain 2026
US employers announced 108,435 job cuts in January 2026, the worst January for layoffs since 2009, as Amazon, UPS, and federal contractors drive workforce reductions.
401(k) Super Catch-Up Rules Take Effect: High Earners Face Mandatory Roth Contributions in 2026
Starting January 2026, workers earning over $150,000 must make 401(k) catch-up contributions to Roth accounts. Here's what the SECURE 2.0 change means for your retirement planning.
Cisco Announces 6,000 Additional Layoffs, Bringing 2026 Workforce Cuts to Over 10,000
Cisco Systems announces another 6,000 job cuts representing 7% of its workforce, following 4,200 layoffs earlier in 2026. The networking giant cites AI transition and market softness.
Mortgage Rates Touch 6% Threshold as 5.5 Million Homeowners Become Eligible to Refinance
The 30-year fixed mortgage rate has fallen to 5.99%, opening a refinancing window for 5.5 million homeowners with rates above 5% and marking the most balanced housing market in nearly a decade.
UPS Announces 30,000 Job Cuts as Amazon Pivot Reshapes America's Largest Package Carrier
UPS plans to eliminate 30,000 jobs in 2026 as the shipping giant continues its strategic retreat from low-margin Amazon shipments, marking the second consecutive year of major workforce reductions.
Homebuilder Stocks Rally 11% in 2026 as Housing Inventory Finally Normalizes
The S&P Homebuilders Select Industry Index has gained 11% year-to-date, outpacing the broader market as falling mortgage rates and rising inventory create the most favorable conditions for builders since before the pandemic.