People walk past a Rite Aid store in Chelsea, New York in 2018. Bryan R. Smith/AFP via Getty Images Rite Aid execs say theft in New York City stores drove $5 million in losses in its most recent quarter alone. The company is experimenting with...
Hollis Johnson/Insider One of Wall Street's biggest bulls is highlighting two big risks that loom for the stock market. JPMorgan's Marko Kolanovic said escalating Russia tensions and a potential Fed policy error dent his enthusiasm for stocks....
Wang Ying/Xinhua via Getty In the early 2000s, J. Crew was widely considered one of America's most beloved brands. But by the 2010s, sales had started lagging. J. Crew filed for bankruptcy in 2020. Now, the company is under new leadership and ...
Former President Donald Trump (L), President Joe Biden (R). Tom Williams/CQ-Roll Call, Inc via Getty Images Trump officials sabotaged the Biden transition in petty ways, according to a new book by NYT reporter Maggie Haberman. One staffer stuff...
Speaker of the House Nancy Pelosi, D-Calif. Scott J. Applewhite/AP Congress has moved to avert a government shutdown just hours before it would have begun. President Biden is expected to sign the bill into law before the midnight deadline. The ...
House Speaker Nancy Pelosi and Democratic Rep. Abigail Spanberger of Virginia. Olivier Douliery/AFP via Getty Images and Kevin Dietsch/Getty Images House Democrats punted a vote on banning lawmakers from trading stocks until after the midterms....
A man covers his face as he reads information displayed on an electronic screen at a brokerage house in Shanghai May 17, 2010. REUTERS Chinese shares listed in Hong Kong cratered to an all-time low this week. The Hang Seng Index plunged 14% on...
Mike Segar/Reuters Nike shares dropped 12% on Friday as the company logged a 44% rise in fiscal first-quarter inventory. Supply-chain issues led to a build-up in seasonal products and retailers began ordering early. The company also said dol...
China's Xi Jinping. Li Xueren/Xinhua via Getty Images This week, the People's Bank of China injected 868 billion yuan ($122 billion) into its banking system compared to 92 billion yuan the prior week. The Golden Week holiday next week and Comm...
HBO/Game of Thrones "Old age" isn't really a medical cause of death. Queen Elizabeth's death certificate says she died of "old age" at 96. Older people are more likely to die as a result of common illnesses (like pneumonia) that others could s...
Fatih Birol warned summer could be difficult for energy markets. Anadolu Agency/Getty Images Gas supplies will tighten into next year as constraints continue to mount, IEA chief Fatih Birol said. Birol's supply warning came shortly after the No...
President Joe Biden. JIM WATSON/POOL/AFP via Getty Images Six Republican states are suing the Biden administration over student loan relief, the AP reported. The states are claiming that some of them will lose out on tax revenue from the relief...
Marianne Ayala/Insider Insider and other media have identified numerous US lawmakers not complying with the federal STOCK Act. Their excuses range from oversights, to clerical errors, to inattentive accountants. Congress is now considering ban...
