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Economy

Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America

Almost nothing is guaranteed in life. Certainly not weather, electricity, health, tariffs or eggs. But for more than 50 years, American consumers could count on Southwest Airlines letting them check bags for free. Dallas-based Southwest is ending…

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Economy

From pandemic struggles to St. Patrick’s Day crowds, Mary O’s soda bread rises to viral fame

Nestled in a modest storefront in New York City’s East Village, Mary O’s Irish Soda Bread Shop blends into the other red-brick businesses on the block. But one thing sets…

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Economy

Egg prices are falling, with a dozen now less than $5

After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes.…

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Economy

Donatella Versace steps down as head of Italian fashion house

Donatella Versace announced Thursday that she is stepping down as chief creative officer of Versace, ending her nearly 30-year-long stint at the Italian luxury fashion empire’s helm. Versace, 69, took on…

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Economy

Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says

Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years. CEO Ted Christie says the carrier is leaner and ready to take…

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Economy

Dollar General CEO warns consumers are cash-strapped and says 2025 won’t be better

Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year. On the company’s fourth-quarter earnings call, Vasos said…

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Economy

Elon Musk’s politics are hurting Tesla, 85% say in investor survey

More than eight out of every 10 respondents to a Morgan Stanley survey believe Tesla CEO Elon Musk’s controversial political activities are hurting his business. In total, 85% of the 245 participants polled…

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Economy

FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls

The Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of duping consumers into signing up for its Prime program, citing resource constraints. Attorneys…

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Economy

Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer is willing to part with a customer perk…

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Economy

X sees major outages as Musk claims ‘massive cyberattack’ hit platform

Three separate outages appeared to hit Elon Musk’s X social media site Monday as he claimed it was suffering a ‘massive cyberattack.’ Downdetector.com first registered thousands of reports of trouble…

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