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Small business owner optimism surged to a 6-year high in December, driven by high hopes for the economy following President-elect Trump's win, according to the NFIB.

Nearly half the states in the U.S. are raising their minimum wages in 2025, meaning pay hikes for more than 9 million workers, according to a new report.

Bankruptcies played a significant role in economic news in 2024 with retailers, restaurants and an airline all looking for bankruptcy protection to keep from having to shut down entirely

Thursday's action came after a solid Christmas Eve for the S&P 500.

The National Retail Federation predicts nearly half of all shoppers will head to department and discount stores to knock out their shopping lists as in-person shopping regains popularity.

Analysts are forecasting rates will stay at 4.75% after inflation rose for the second month in a row.

Retail sales increased in November amid a strong start to the holiday shopping season.

Investors and executives are often emphasizing what they like in the president-elect’s agenda, while dismissing what they don’t as mere posturing.

Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.

An estimated 197 million people shopped from Black Friday to Cyber Monday, the National Retail Federation said, fewer than last year but surpassing the group’s expectations.

Early data on online spending this week shows consumers are being drawn to discounts. A clearer picture of Black Friday sales, including in-store spending, will emerge in the days ahead.

Consumers are hardwired to think more of short-term gratification than long-term goals.

Experts tell us how to work out if a deal is a genuine bargain or could leave you out of pocket.

Small businesses are still feeling pressure from worker shortages to inflationary pressures. The challenges are persisting as we enter the critical holiday period.

Sales volumes fell by more than expected in October with clothing stores having a "notably poor" month.

Inflation is moderating, but economists expect that trend could reverse quickly if Donald Trump follows through with a proposal to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese goods.

Estimates from Coresight Research highlight how retail closures reached the highest level since the COVID-19 pandemic. Retailers announced 6,481 store closures since Nov. 8.

National Retail Federation CEO Matthew Shay issued concerns about President-elect Trump's proposed tariffs, saying it could drive-up prices and result in job losses.

Cases are underreported and "immediate action" is needed to tackle the crisis, a Lords review finds.

Retail sales rose by more than expected in September, with an increase of 0.4% exceeding economists expectations as the consumer showed signs of continued strength.

The candidates provided more detail on how they would bolster the economy, with ideas ranging from tariffs to more assistance for Black entrepreneurs.

The rate of rising prices, known as inflation, are a key factor in our own finances, particularly at this time of year.

The largest retail trade group in the U.S. expects holiday spending to grow modestly despite a shortened shopping period and economic toll from two hurricanes.

A new analysis estimates that the former president’s proposals could grow deficits by as much as $15 trillion over a decade.

Storch Advisors CEO Gerald Storch discusses the impact of the dockworker strike on retailers and consumers, the demand for a ban on automation, and whether Biden should get involved in the strike.

Last year, apparel resale in the United States grew seven times the rate of the broader retail industry. Independent resellers and corporate giants are getting creative to meet the demand.

Experts warn that consumers will run into issues over the coming months if port workers strike next week. It will limit supplies and boost prices, they say.

SlateStone Wealth Chief Market Strategist Kenny Polcari provides advice for investors following the Fed rate cut decision and weighs in on former President Trump's proposal for a temporary 10% credit card rate cap.

There are looming port strikes on the East Coast and Gulf of Mexico that could deal a blow to retailers during the most critical time of year: the holiday shopping season.

Storch Advisors CEO Gerald Storch discusses the state of the American consumer ahead of the holidays on 'Varney & Co.'

Voters almost never support candidates who promise to raise their taxes. Yet that's exactly what Donald Trump says he'll do.

Fox News contributor Liz Peek discusses the inflation Americans continue to battle in the Biden-Harris economy on 'The Evening Edit.'

Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.

Police have been urged to crack down on the practice, which retailers say is an increasing trend.