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Food manufacturing closures are among the clearest signs of labor-market pressure. And while a plant closure is a company decision, it quickly escalates into a local jobs problem. When a food-manufacturing facility shuts down, the impact extends well beyond a single production line. TheStreet has recently covered several of these shutdowns and job cuts, from […]

The AI trade isn’t just about Nvidia anymore. That could be the true warning sign underlying Michael Burry’s current move on the markets. The investor behind “The Big Short” has revealed new bearish positions against Tesla (TSLA), Nvidia (NVDA), Caterpillar (CAT), Applied Materials (AMAT), and the iShares Semiconductor ETF (SOXX), according to the Wall Street

Household bills, including housing, utilities, insurance and car payments, make up roughly 47% of a household’s income and 27% of all consumer spending, according to a new study from Doxo Insights. Americans spend $5.03 trillion annually on bills, with $3.69 trillion going to 13 of the most common bills.  As prices continue climbing for everyday

When Amazon Prime launched in 2005, it was a simple proposition. Pay the online retailer $79 per year and get free two-day shipping. That was a clear money-saver for me, as even back then, I ordered regularly from Amazon and either had to pay for shipping, or wait to order until I cleared the minimum

With long-time Ryanair chief executive Michael O’Leary long associated with his wit and fiery temper, the larger low-cost airline in Europe has also taken a “talking the shit” strategy to its social media presence over the years. After Elon Musk called O’Leary a “total idiot” to his 223 million followers, Ryanair reciprocated by holding a

Five of the biggest names in American pharma just got a deadline from Washington. The House Select Committee on China sent letters this week to Merck (MRK), AbbVie (ABBV), Eli Lilly (LLY), Pfizer (PFE), and Bristol Myers Squibb (BMY), Reuters reported.  Lawmakers want each company to explain how it protects data and vets ethics standards

The return of the long-requested Snack Wrap after nearly a decade missing from menus generated strong consumer interest and became part of McDonald’s broader effort to reignite menu momentum. The relaunch sparked strong demand across the U.S., with some restaurants experiencing temporary shortages as customers rushed to order it. But the Snack Wrap revival may

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Summer is officially here. And if you love spending time outdoors, it likely has you in the mood to refresh your yard, whether it’s reviving patchy

The Covid era seemingly changed the balance of power between employers and employees forever as remote work and telecommuting became the norm. However, what was once thought to be a worker revolution actually just turned out to be the zenith of a blip in the status quo. Workplace perks are disappearing and remote working roles

The popularity of the fried chicken dining sector is not enough to prevent restaurants from filing for bankruptcy protection and going out of business if negative economic factors prevail. The rising cost of doing business and unsustainable debt are often cited as the top reasons for restaurants’ financial distress, forcing them to close businesses. Popeyes