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Bob’s Stores, a longtime Northeast clothing store chain, announced this week that it is shutting down after it failed to secure financing amid a...
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Major retailers are backtracking on self-checkout
Clothing chain Bob’s Stores closing after 70 years
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Economy
After years of investing in self-checkout machines, some major retailers are starting to reverse course. Dollar General said it has eliminated self-checkout options at...
Economy
Travelers heading out for the July 4 holiday can expect plenty of company this year. Nearly 71 million people will be on the move...
Economy
DETROIT — The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, which sells...
Economy
WASHINGTON — Treasury Secretary Janet Yellen said on Wednesday that the Federal Deposit Insurance Corporation (FDIC) was not considering providing “blanket insurance” for banking...
Economy
DETROIT — Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because...
Economy
As states periodically consider renewing and increasing economic development incentives, they would do well to consider the problem of the Winner’s Curse. The Winner’s...
Economy
Though he’s best known for his powerful metaphor of “the invisible hand,” philosopher and proto-economist Adam Smith saw a role for government in setting...
Economy
The Federal Open Market Committee (FOMC) moved forward with an anticipated 25-basis-point increase in its federal funds rate target on Wednesday. It no longer,...
Economy
Peter C. Earle, AIER Research Faculty and former Wall Street trader, joins AIER Senior Editor James Harrigan and Antony Davies on the Words &...
Economy
February’s inflation data were an unwelcome surprise. The Consumer Price Index (CPI) grew at a continuously compounding annualized rate of 4.4 percent on the...
Economy
In his instructive political fable, The Awakening of Jennifer Van Arsdale, George Leef writes, “Liberalism is the one philosophy that requires no enemies… It...
Economy
The AIER Leading Indicator remained essentially neutral in February 2023, maintaining the level of 58 from the previous month. Our Roughly Coincident Indicator rose...
