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  • Danielle Kaye

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Abercrombie Confronts Sex Trafficking Accusations Against Mike Jeffries, Ex-CEO

Recent sex trafficking charges against Michael Jeffries could implicate the retailer, too, as it tries to close a tumultuous chapter in its history.

Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry

The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.

Mike Jeffries, Former Abercrombie CEO, Arrested in Sex Trafficking Case

Mr. Jeffries and two others were arrested in connection with a federal sex-trafficking and interstate prostitution investigation.

CVS Ousts Karen Lynch as C.E.O. and Shares Fall

Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Social Security Benefits to Climb 2.5% in 2025

The annual cost-of-living adjustment will increase monthly checks for millions of beneficiaries, including retirees and disabled workers.

Amazon Could Be Forced to Treat Drivers as Employees

Amazon’s delivery system depends on third-party companies. But labor regulators have challenged that model, possibly opening the way for unionization.

What Dockworkers Are Pushing For in the Port Strikes

The union representing thousands of striking dockworkers is pushing for bigger wage increases than port operators have offered, and a ban on automation.

How the Port Strike Could Affect the Economy

Transportation and warehousing sectors are poised to first feel the pinch, with a broader economic fallout expected if the strike drags on.

Port Strike on the East and Gulf Coasts: What to Know

Thousands of dockworkers who load and unload cargo ships could walk off the job on Tuesday, halting nearly all activity at ports from Maine to...