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Verizon Communications is cutting around 3,000 more jobs, reducing the number of company-owned retail stores, and realigning its structure as the nation’s largest wireless carrier continues to cut costs under new CEO Daniel Schulman. Verizon will lay off 2,500 retail workers and 500 corporate employees, and will sell 274 of its corporate-owned stores to bring the overall number down to about 1,000, the company told Barron’s Thursday. Barron’s reported earlier this week that Verizon would announce layoffs on Thursday.

As we head into summer, Americans are spending more money than ever. But they don’t seem to feel very good about it. In April 2026, consumer spending rose by $111 billion, according to the Bureau of Economic Analysis. But confidence in the economy hit two-year lows, with 65% of consumers telling ...

The main US stock measures were trending lower in Thursday's premarket activity amid renewed tension

A Florida man who took a job selling solar panels says he quickly realized he wasn’t really selling clean energy systems. Instead, he told personal finance personality Dave Ramsey that the real focus seemed to be financing and loans. During...