NEW YORK — With inflation hovering near levels not seen in 40 years, higher-income Americans turned to Walmart to cut costs on groceries while its lower-income customers swapped out deli meats for less expensive hot dogs and canned tuna. That boosted sales for Walmart in the second quarter, ...

WASHINGTON — The co-founders of baby formula startup ByHeart began working on their product long before the current shortage that’s rattled many American parents. It took Ron Belldegrun and his sister Mia Funt six years to research, test and win regulatory approval for their company’s ...

Retirement can loom like a dark cloud for small-business owners. Many invest blood, sweat and tears — and every penny — into building their business but never set cash aside for the future. A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, ...

NEW YORK — In 2020, Kelly Jackson and Davina Arceneaux wanted to leave their company jobs and become business owners. They were looking for something both COVID-proof and recession-resistant. Instead of completely stepping out from under a corporate umbrella, they looked at franchising. ...

WASHINGTON (AP) — Consumers struggling with skyrocketing prices for food, gas, autos and rent got a tantalizing hint of relief last month, when prices didn’t budge at all from June after 25 straight months of increases. With gas prices continuing to fall, inflation is probably slowing ...

Mel Feather, Southern Chautauqua Federal Credit Union board president, has retired from the position. Feather had been involved in the credit union for more than 50 years and served as board president for 21 years. Under Feather’s tenure, the credit union grew from 500 members to more than ...