Nike to end sales of kangaroo-based sneakers
Nike is launching a new soccer shoe this summer featuring a material that replaces the use of kangaroo leather.
Nike is launching a new soccer shoe this summer featuring a material that replaces the use of kangaroo leather.
2 failed banks, February inflation remaining high put Fed in tough spot
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
The government reported Tuesday that February prices were still elevated, which could drive another interest rate hike. But the collapse of two banks in recent days has the potential to stop it.
Facebook parent Meta to lay off 10K workers
Facebook-parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
Facebook-parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
How the fall of Silicon Valley Bank will impact hundreds of Arizonans
The failure of Silicon Valley Bank sent panic across the tech industry, but how is that threatening jobs in Arizona? For one, there are hundreds of jobs on the line as SVB has had a presence in Tempe since 2012.
The failure of Silicon Valley Bank sent panic across the tech industry, but how is that threatening jobs in Arizona? For one, there are hundreds of jobs on the line as SVB has had a presence in Tempe since 2012.
Silicon Valley Bank items hit eBay days after collapse
One listing is already being auctioned for over $200.
One listing is already being auctioned for over $200.
'I'm feeling helpless and unmoored': Etsy sellers go unpaid after Silicon Valley Bank collapse
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
‘It’s true’: Buffalo Wild Wings sarcastically responds to boneless wings lawsuit
A man is suing Buffalo Wild Wings for deception, claiming its boneless wings are basically chicken nuggets and customers are paying too much money.
A man is suing Buffalo Wild Wings for deception, claiming its boneless wings are basically chicken nuggets and customers are paying too much money.
Good News: Student loan refinance interest rates edge down for 5-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Biden tells US to have confidence in banks after 2 collapse
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
US government says all Silicon Valley Bank clients will have access to funds
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after Friday's historic failure of Silicon Valley Bank, the second-largest bank failure in U.S. history.
BP CEO pay doubles to $12M as energy profits surge
BP's profit doubled to $28 billion as Russia’s invasion of Ukraine sent oil and gas prices soaring.
BP's profit doubled to $28 billion as Russia’s invasion of Ukraine sent oil and gas prices soaring.
Silicon Valley Bank seized by California regulators amid bank run
Silicon Valley, the nation's 16th largest bank, collapsed on mar. 10 as depositors rushed to withdraw their money after the bank revealed a big loss on its bond holdings. The bank is now controlled by California regulators, and officials with FDIC say insured depositors will have access to their money by Monday. This marks the largest failure of a financial institution in the U.S. since Washington Mutual in 2008, during the height of a financial crisis that led to the Great Recession.
Silicon Valley, the nation's 16th largest bank, collapsed on mar. 10 as depositors rushed to withdraw their money after the bank revealed a big loss on its bond holdings. The bank is now controlled by California regulators, and officials with FDIC say insured depositors will have access to their money by Monday. This marks the largest failure of a financial institution in the U.S. since Washington Mutual in 2008, during the height of a financial crisis that led to the Great Recession.
February jobs report brings good news for workers, but also new worries
According to recently released numbers from the February jobs report, employees added more than 300,000 jobs during that month. While that is great news for workers, it could also mean another interest rate hike by the fed, as it tries to tamp down inflation. Reporter Caroline Shively has more.
According to recently released numbers from the February jobs report, employees added more than 300,000 jobs during that month. While that is great news for workers, it could also mean another interest rate hike by the fed, as it tries to tamp down inflation. Reporter Caroline Shively has more.
Silicon Valley Bank seized by regulators
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
More Americans skipping college and turning to jobs that don't require degrees
Americans who came of age during the pandemic are skipping college in large numbers. Many have rejected traditional college paths, turning instead to hourly jobs or careers that don’t require a degree.
Americans who came of age during the pandemic are skipping college in large numbers. Many have rejected traditional college paths, turning instead to hourly jobs or careers that don’t require a degree.
Aldi suffers Easter marshmallow blunder: 'We can’t even defend this one'
An Easter Bunny marshmallow snack from Aldi caught the attention of many Twitter users after a shopper posted a photo, showing the suggestively-shaped snacks.
An Easter Bunny marshmallow snack from Aldi caught the attention of many Twitter users after a shopper posted a photo, showing the suggestively-shaped snacks.
Half of Americans say they're financially worse than last year: survey
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
General Motors offers buyouts for U.S. employees and executives
General Motors is offering salaried employees a voluntary buyout as it seeks to reduce costs by $2 billion over the next two years. "Taking this step now will help avoid the potential for involuntary actions," a company letter said.
General Motors is offering salaried employees a voluntary buyout as it seeks to reduce costs by $2 billion over the next two years. "Taking this step now will help avoid the potential for involuntary actions," a company letter said.
Flipping Girl Scout Cookies: Arizona man sells limited edition offerings online at a much higher price
For 2023, the Raspberry Rally Girl Scout cookie flavor has been a hit, with the limited edition flavor selling out quickly. However, there is now a resale market of sorts for the special cookie.
For 2023, the Raspberry Rally Girl Scout cookie flavor has been a hit, with the limited edition flavor selling out quickly. However, there is now a resale market of sorts for the special cookie.