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Toys ‘R’ Us is opening 120 new stores as grownup collectors fuel toy sales
The once-bankrupt chain is attempting a holiday-season comeback as nostalgic adults and teens drive a boom in old-fashioned physical playthings.
FOR SUBSCRIBERSHow Kraft Heinz plans to revitalize its brands (without changing them too much)
CEO Steve Cahillane is betting $700 million that innovation and marketing can revive some of America’s pantry staples.
How Kraft Heinz is keeping its legacy brands affordable to cost-conscious shoppers
CEO Steve Cahillane says the company is focused on promotions, packaging and strategic price cuts.
FOR SUBSCRIBERSHow a 5% yield on 10-year Treasury bonds affects everyone
Most Americans don’t own government bonds, but their rates exert massive influence on the entire economy — and ultimately household finances.
Abbott to pay $385M to settle allegations of contamination at a baby formula factory
The healthcare group recalled certain products in 2022 in response to concerns that they could have been contaminated with a potentially deadly bacterium.
Map: How much you pay in federal and state gas taxes
Gas taxes and fees account for as much as 17% of the cost per gallon.
L.L.Bean embraces its old-school roots with brick-and-mortar stores, print catalogs, no AI
The family-owned retailer that sells everything from clothing and footwear to home goods is betting on the physical world in the age of AI.
FOR SUBSCRIBERSHow L.L.Bean is navigating the U.S.-Canada trade war — and keeping Canadian shoppers close
“We have long had a tremendous relationship with our neighbors to the north,” said CEO Greg Elder.
Inflation ticked up in August, setting the stage for the Fed to hike interest rates
“The fate of the September meeting lies with August CPI,” Citigroup economists wrote.
Oil prices soar to $108 for the first time since May as bond yields jump
As a result of rising prices, the national average gas price rose to $4.27 a gallon, and diesel fuel is inching closer to $6 a gallon.
Oil nears $100 on reports of new U.S. strike in Iran and attacks on Saudi infrastructure
Experts warn that oil could exceed $120 per barrel if such attacks and reduced traffic in the Strait of Hormuz persist.
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