ThemusicalG

Saks could be the next department store to seek relief in bankruptcy court amid growing liquidity challenges.Saks Global Enterprises, the parent corporation of Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus, and Bergdorf Goodman, is weighing a Chapter 11 bankruptcy filing as they contend with mounting debt, people familiar with the matter told Bloomberg. This decision comes as the retailer is facing a more than $100 million debt payment due […]

Renting still offers significant monthly savings over buying in most of the country, but an economist says the long-standing affordability gap is gradually starting to close.Realtor.com senior economist Joel Berner told FOX Business that renting is still significantly more affordable than buying a starter home in 49 of the 50 largest metros across the U.S., with Pittsburgh being the lone exception. This hasn't changed since Realtor.com issued its June 2025 […]

American workers at the bottom end of the pay scale are set to see the minimum wage rise in 19 states effective on New Year's Day, while three other states are also planning minimum wage increases later in 2026.While 20 states opt to leave their minimum wage at the federal minimum of $7.25 an hour, the majority of states have set higher minimums which may be periodically adjusted to account for inflation […]