A popular restaurant that has been in business for decades files for bankruptcy and Chapter 11, citing problems with rent

Cherry Hill Mall entrance sign with red header and list of anchor stores including Macy’s, Nordstrom, JCPenney, Old Navy, Crate & Barrel.

In a renewed attempt to stabilize finances, this family-owned eatery at Cherry Hill Mall seeks creditor protection once more. The Bistro at Cherry Hill, known for its U-shaped counter in the Macy’s wing of Cherry Hill Mall, is once again navigating the complexities of Chapter 11 bankruptcy. This marks the second time in eight years … Read more

Walmart CEO says prices will go up in 2025

Exterior of a Walmart store highlighting upcoming 2025 price increases announced by CEO Doug McMillon.

“Prices must reflect rising costs,” says CEO Doug McMillon. Many Americans have noticed a shift in their shopping habits, and Walmart’s recent announcement may offer some clues. The retail giant, one of the first major U.S. chains to reveal first-quarter earnings, announced a decline in profits. Consequently, it plans to raise prices to cope with … Read more

Second bankruptcy hits hard: Rite Aid announces major job cuts at Philly office

Rite Aid employees in yellow shirts protest outside Philadelphia store after second bankruptcy triggers nearly 600 layoffs

Rite Aid has announced it is laying off 595 workers who report to its Philadelphia headquarters, as the company files for bankruptcy for the second time in 17 months. The drugstore chain revealed its decision in a Worker Adjustment and Retraining Notification (WARN) to Pennsylvania officials, intensifying concerns for employees and their families. The layoffs … Read more

Confirmed: Elon Musk cancels 470,000 Government credit cards in cost-cutting move

Serious business executive in suit with Mastercard, Visa and American Express cards blurred in background

The Department of Government Efficiency (DOGE), led by Elon Musk, has just announced the deactivation of more than 470,000 federal credit cards in an effort to curb public spending and prevent fraudulent activity. The move comes as part of a large-scale audit covering more than 30 federal agencies. Federal employees and other cardholders linked to … Read more

Walmart and Kohl’s warn of new threat that could raise prices for everyone

Walmart associate scans a bag of oranges and other groceries at a busy checkout lane

The popular retailers are forecasting an unsettling future for the industry. The world of retail seems to be in constant motion, never staying calm for long. Just five years ago, many of America’s largest stores identified forced lockdowns and covid as their biggest threats. Who would have expected that today they’d be pointing to tariffs … Read more

Confirmed: Walmart says goodbye to five California locations this year

Exterior of a Walmart store with shoppers at the entrance—one of five California locations scheduled to close by 2025.

A new wave of closures raises concerns among residents and local businesses. Walmart has confirmed the permanent shutdown of five stores in California, targeting locations in San Diego, El Cajon, West Covina, Fremont, and Granite Bay. This move comes amid ongoing inflationary pressures across the country, as well as tariff policies that have influenced corporate … Read more

Farewell to the historic amusement park that is closing its doors after more than 20 years: home to one of Six Flags’ oldest roller coasters

Children playing in the Splashwater Falls water play area at Six Flags America in Bowie, Maryland

Six Flags Entertainment Corporation has announced the permanent closure of its Bowie, Maryland park, home to one of the oldest roller coasters in the company’s lineup. The final day for thrill-seekers is set for November 2, 2025, marking the end of a cherished local landmark. The soon-to-be-shuttered Six Flags America and Hurricane Harbor in Bowie … Read more

Trump administration moves to seize wages from 5.3 million defaulted student loan holders this summer

President Donald Trump and Education Secretary Linda McMahon display signed executive orders in the Oval Office

The federal government is reviving aggressive collection efforts on student loans that have languished in default for nearly five years, potentially creating a significant financial burden for millions of Americans. Borrowers could see their wages, tax refunds, or even Social Security payments reduced sooner than expected. The Trump administration confirmed on Monday that it will … Read more

More than 200,000 Ford trucks and SUVs recalled amid safety concerns: These are the vehicle defects

ford dealership lot with Ford logo sign, Super Duty trucks and SUVs parked under American flags

Millions of American drivers are on alert after Ford confirmed a large-scale recall that impacts popular models produced in Louisville and beyond. Ford Motor Co. has issued recalls for more than 200,000 vehicles, citing serious issues with brake fluid leaks and malfunctioning rearview cameras. These concerns extend to iconic models like the Ford Expedition, Super … Read more

May ushers in fresh wave of store shutdowns for top retail chains

Collage of storefront signs for JCPenney, Saks Fifth Avenue, Rite Aid and Family Dollar illustrating major May closures

A fresh round of store closures is rolling out this month, affecting renowned retailers from coast to coast. Department stores, iconic mall brands, and specialty shops are either cutting back on select locations or shutting down entirely, citing changing consumer habits and corporate restructuring. Who might feel the impact? Anyone who relies on physical shopping … Read more

Farewell to the beloved Mexican restaurant chain after 20 years full of flavor: it will serve its last meal on May 18

Grilled burrito cut in half showing rice, beans and vegetables next to a cup of guacamole in a takeout container

After two decades of serving upscale Tex-Mex, the end arrives for Fernando’s Mexican Cuisine. Fernando’s Mexican Cuisine, a Texas-based chain known for refined nachos, fajitas, and margaritas, is officially shutting down both its Dallas-area locations. This decision comes after 20 years of service and has surprised many longtime customers who appreciated the chain’s more sophisticated … Read more

SSA bars staff from accessing general news sites on work devices

Elon Musk walking through capitol hallway holding coffee with security officers behind him

The Social Security Administration (SSA) recently announced fresh guidelines prohibiting staff from accessing general news websites during office hours on government-furnished devices. According to an official statement, this move aims to ensure that SSA personnel remain focused on essential tasks and on delivering quality service to the public. In the internal email sent Thursday, agency … Read more

Federal debt collections back in action: borrower guide

Close-up of a “Student Loan” label wrapped around U.S. dollar bills, symbolizing resumed federal debt collections

Millions of federal student loan borrowers face new challenges now that forced collections have resumed. More than five million are already in default, and many others risk slipping into delinquency. After a five-year hiatus, the Trump administration restarted forced collections on federal student loans in default, ending pandemic-era relief that began when President Trump paused … Read more

Shoppers are delighted to learn that Dollar Tree is restocking this highly sought-after product for $1.25

Dollar Tree storefront with green “Dollar Tree” signage above the entrance

Keeping your kitchen tidy doesn’t have to be a constant struggle. The latest buzz? A $1.25 essential from Dollar Tree that makes air frying simpler and cleaner for countless home cooks. If you’ve ever found yourself scrubbing those sticky remains off your air fryer basket, this might be just the thing you need. Everyday cooking … Read more

U.S. banking giant confirms branch closures across multiple states

Flagstar Bank branch exterior with drive-up window and 24-hour ATM sign

One of the biggest U.S. financial institutions is shutting down multiple branches. These closures come amid ongoing economic shifts that first intensified during the pandemic, forcing many businesses, banks included, to adapt their services rapidly. Who might feel the impact most strongly this time? Over the past few years, stay-at-home measures and heightened online shopping … Read more