Business

Retail footwear veteran Genesco Inc. is shuttering more than two dozen underperforming stores as part of a broader push to reduce its physical footprint, cut overhead and boost overall profitability.The Nashville-based parent company of Journeys, Johnston & Murphy and U.K.-based Schuh closed 25 retail stores during its second quarter of fiscal 2027. With three new openings, the net reduction brought its total store fleet down to 1,186 – a 5% drop […]

Sen. Jerry Moran, R-Kan., on Monday highlighted Canadian jet manufacturer Bombardier's positive impact in Kansas after President Donald Trump took aim at the company."The presence of Bombardier in Wichita supports a local workforce of more than a thousand employees, who contribute their talent and expertise to our nation’s defense and aerospace capabilities. This afternoon, I reached out to the Trump administration to make certain the President is aware of the […]

Canada's retaliatory tariffs kicked in just after midnight on roughly $20 billion worth of U.S. goods, setting up a high-profile trade standoff between President Donald Trump and Canadian Prime Minister Mark Carney.The escalatory actions come after trade talks collapsed at the 11th hour last month. Canada's tariffs put 15%, 25% or 50% duty across hundreds of American products — including steel, aluminum, dairy items like milk and cheese, golf clubs, […]

Bank of America is expanding its financial commitment to military veterans, first responders and 9/11 memorial organizations nationwide as the country prepares to mark the 25th anniversary of the September 11 terrorist attacks.Headlining the corporate giving initiative is a new $250,000 commitment to the Tunnel to Towers Foundation's "Veteran Villages" project. The initiative delivers permanent housing alongside comprehensive support services to homeless and vulnerable veterans across 14 U.S. markets, including […]

The Bureau of Labor Statistics (BLS) recently released a report projecting how the U.S. workforce will grow from 2025 to 2035 and what professions will see the largest increases in jobs as the economy evolves.Employment projections from the BLS estimate that the U.S. economy will add a total of 5.9 million jobs from 2025 to 2035, lifting total employment from 170.3 million to 176.2 million in that period. That would […]

British carmaker Jaguar Land Rover (JLR) has opened a voluntary redundancy program for salaried and management staff as part of a sweeping multibillion, cost-cutting campaign. The Tata Motors-owned vehicle manufacturer confirmed the voluntary exit scheme for white-collar staff over the weekend as it moves to lower its global operational break-even threshold to 300,000 vehicles annually. While unconfirmed British media reports indicate the two-year operational overhaul could impact up to 4,000 non-assembly […]

Labor Day weekend marks the end of the summer travel season and new data shows American households were conscious of finding ways to save money even as they forged ahead with travel and entertainment plans this summer.Bank of America's summer travel survey found that consumers' desire to travel remained strong and that people have been focused on getting the most value out of their trip."People aren't cutting travel out. Instead, […]

Just as the summer travel season comes to a close, Americans are facing the most expensive Labor Day gas prices on record, extending the squeeze on household budgets for millions hitting the road over the holiday weekend.AAA says nearly 40 million Americans are expected to drive over the holiday, but they'll be paying unprecedented prices at the pump.The national average for regular gasoline reached $4.14 per gallon on Monday, up […]

School districts across the country continue to struggle to recruit and retain enough school bus drivers, forcing them to compete with other employers for a limited pool of qualified workers despite higher wages.School bus driver employment remained 9.5% below 2019 levels in August 2025, even as inflation-adjusted hourly wages rose 4.2% over the previous year, according to an Economic Policy Institute analysis. The employment figures are based on 12-month rolling […]