Photo of Forever 21

Forever 21 Fashion Chain Files for Chapter 11 Bankruptcy

NEW YORK — Low-price fashion chain Forever 21, a once-hot destination for teen shoppers that fell victim to its own rapid expansion and changing consumer tastes, has filed for Chapter 11 bankruptcy protection. "The decisions as to which domestic stores will...

US Consumer Confidence Dips Slightly in August

WASHINGTON — Consumer confidence dipped slightly in August after a big rebound in July. The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in...
Photo of an Amazon Prime box

Retail Rivals Crash Amazon’s Prime Day Party

NEW YORK — The gravitational pull of Amazon Prime Day is so strong on shoppers it's benefiting other retailers as well, according to an early analysis from a key data group. On Monday, the first day of its 4...
Photo of Wall Street floor traders exchanging high-fives

Battered Wall Street Rebounds With Best Day in 10 Years

Stocks rocketed on Wednesday in Wall Street's best day in 10 years, snapping a stomach-churning, four-day losing streak and giving some post-Christmas cheer to a market that has been battered this December. The Dow Jones Industrial Average shot up more than...