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FanDuel to stop accepting credit card deposits starting March 2

FanDuel Sportsbook will no longer accept deposits by credit cards beginning March 2, the same step DraftKings Sportsbook took in August. FanDuel issued a statement saying this decision has been in the works. “Over the last few months, FanDuel has been evaluating the payment methods that we offer to customers and made the decision to remove credit cards as an option for our Sportsbook, casino and racing product in the United States,” the sportsbook said. “This change was made to improve the deposit experience for our customers.” Many sports bettors don’t use credit cards ...

Retail sales slow in December as 2025 closes on a lackluster tone

NEW YORK (AP) — Shoppers unexpectedly paused their spending in December from November, closing out the holiday shopping season and the year on a lackluster tone. The report, issued by the Commerce Department on Tuesday, surprised economists who were looking for growth despite mounting concerns about slowing job growth, uncertainty about President Donald Trump’s tariffs and other economic headwinds. And it raised questions about shoppers’ ability to spend after they have remained resilient for months despite souring consumer confidence, economists said. Retail sales were flat in ...

Cleveland-Cliffs reports fourth quarter earnings snapshot

CLEVELAND (AP) — Cleveland-Cliffs Inc. on Monday reported a loss of $243 million in its fourth quarter. On a per-share basis, the Cleveland-based company, which operates a coke plant in Warren, said it had a loss of 44 cents. Losses, adjusted for nonrecurring costs and to account for discontinued operations, came to 43 cents per share. The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 62 cents per share. The mining company posted revenue of $4.31 billion in the period, which fell short of ...

Valley dealers shake off January chill

January’s snow-covered deep freeze stifled sales in the Greater Cleveland Automobile Dealers’ Association’s 21-county area. Despite the conditions, the Mahoning Valley plowed through with positive gains. The association reported last week that new vehicle sales for the month fell 10.6% compared to January 2025. A total of 19,442 new vehicle registrations were recorded in the first month of 2025, compared to 17,370 last month. Used vehicle sales in the region totaled 16,441 in January, a decrease of 4.77% from the same month last year. Dealers in Mahoning, Trumbull and ...

Think gas prices are higher? You’re right

Gas prices are 8 cents higher in Northeast Ohio this week at $2.847 per gallon, according to AAA East Central’s Gas Price Report released Monday. The month of February is bringing slightly higher gas prices as the national average for a gallon of regular is up 3 cents from last week to $2.90. Gasoline demand is down, as fewer drivers hit the road during the recent winter storms. But this is the time of year when pump prices start nudging higher, as spring approaches and refineries start making the switch to summer-blend gasoline production. Current prices remain below what they were ...

Kroger chooses former Walmart executive to be its new CEO

Kroger named former Walmart executive Greg Foran as its chief executive officer on Monday. Foran joins Kroger 11 months after its previous CEO Rodney McMullen abruptly resigned following an internal investigation into his personal conduct. Foran led Walmart’s U.S. division for six years before departing in 2019. While there, he introduced online ordering and pickup and accelerated Walmart’s digital capabilities. Cincinnati, Ohio-based Kroger is the largest standalone U.S. supermarket chain. Walmart is one of its chief competitors, as consumers increasingly pick up their ...