Jobless claims drop to 210,000, GDP outperforms
First time unemployment claims dropped to 210,000 this month. US GDP also slightly outperformed estimates.
First time unemployment claims dropped to 210,000 this month. US GDP also slightly outperformed estimates.
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history.
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history.
EV maker slashes prices as it tries to avoid bankruptcy
California-based electric vehicle startup Fisker slashed the prices of some of its vehicles as it fights to avoid bankruptcy after a potential deal with another automaker fell through.
California-based electric vehicle startup Fisker slashed the prices of some of its vehicles as it fights to avoid bankruptcy after a potential deal with another automaker fell through.
Sam Bankman-Fried to be sentenced
Former crypto mogul Sam Bankman-Fried, facing the potential of decades in prison, waited to hear his fate Thursday as a sentencing proceeding began in a New York court to assess the penalty for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.
Former crypto mogul Sam Bankman-Fried, facing the potential of decades in prison, waited to hear his fate Thursday as a sentencing proceeding began in a New York court to assess the penalty for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.
401(k) hardship withdrawals increase as inflation stays high
A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.
A record number of Americans are dipping into their retirement savings accounts for financial emergencies amid ongoing high inflation.
Baltimore bridge collapse could cost Carnival up to $10M this year, company says
After the Baltimore bridge collapse, Carnival said this week that it could see a "current estimated impact of up to $10 million.”
After the Baltimore bridge collapse, Carnival said this week that it could see a "current estimated impact of up to $10 million.”
Renting is cheaper than buying real estate: report
A new study from Realtor.com shows renters can save more money than buyers in Phoenix due to elevated interest rates.
A new study from Realtor.com shows renters can save more money than buyers in Phoenix due to elevated interest rates.
Biden cancels another $6 billion in student loans, this time for public service workers
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Workers like nurses and teachers are getting forgiveness through fixes to the Public Service Loan Forgiveness program.
Some student loan borrowers are getting refunds on top of loan forgiveness, here’s who qualifies
Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.
Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.
Visa, Mastercard agree to settlement over swipe fees with merchants
The settlement reached between U.S. merchants and Visa and Mastercard could potentially save consumers tens of billions of dollars.
The settlement reached between U.S. merchants and Visa and Mastercard could potentially save consumers tens of billions of dollars.
Consumers spend more than $1 trillion on interest payments, largely due to increasing credit card debt
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Consumers paid over $1 trillion in interest payments, most of which when toward high-interest credit card debt.
Boeing CEO to step down
A major shakeup is underway at Boeing, as the company?s CEO announced he will be stepping down at the end of the year. The planemaker?s board chairman, as well as the CEO of its commercial airplanes division, are also stepping down. This comes as the company is dealing with a number of safety issues involving its 737 MAX airliner.
A major shakeup is underway at Boeing, as the company?s CEO announced he will be stepping down at the end of the year. The planemaker?s board chairman, as well as the CEO of its commercial airplanes division, are also stepping down. This comes as the company is dealing with a number of safety issues involving its 737 MAX airliner.
Housing benefits could lure employees back to office, survey shows
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.
Gas prices rise as spring season approaches: AAA
Although demand is down, gas prices are still rising due to an increase in oil prices.
Although demand is down, gas prices are still rising due to an increase in oil prices.
IRS has 940,000 unclaimed tax refunds from 2020 that will expire soon
The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.
The IRS is warning taxpayers that they may be leaving more than $1 billion on the table.
Boeing CEO Dave Calhoun to step down
Boeing President and CEO Dave Calhoun announced on Monday morning that he is stepping down as CEO at the end of the year.
Boeing President and CEO Dave Calhoun announced on Monday morning that he is stepping down as CEO at the end of the year.
Linda Bean, granddaughter of retailer LL Bean and GOP activist, dies at 82
Linda L. Bean, a granddaughter of famed outdoor retailer L.L. Bean, as well as a philanthropist, entrepreneur, and GOP activist, has died.
Linda L. Bean, a granddaughter of famed outdoor retailer L.L. Bean, as well as a philanthropist, entrepreneur, and GOP activist, has died.
Stellantis announces hundreds of layoffs for white collar workers during 'mass firing' call
While Stellantis said the actions were critical to helping them remain competitive, the fired worker said "tons" of positions had been outsourced to foreign countries.
While Stellantis said the actions were critical to helping them remain competitive, the fired worker said "tons" of positions had been outsourced to foreign countries.
Target doubles employee bonuses after strong profits
Target said the increase only applies to salaried employees.
Target said the increase only applies to salaried employees.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.