Peloton cutting over 700 jobs, raising prices on Bike+, Tread

The fitness giant will also reduce its North American retail footprint and eliminate its final mile distribution network.

Economists question whether US is currently in a recession

Economists are questioning if the U.S. could be in a recession after the most recent employment report showed strength in the job market.

Marietta approves ordnance requiring special licenses for adult businesses

The new regulation creates a new, special license for adult establishments. Employees would also have to get a special license from the city to work at the business.

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.

Biden signs bill to boost US chip manufacturing to better compete with China

Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.

US service members eligible for PSLF are short on time to apply under new rules, CFPB warns

Service members could potentially have thousands of dollars in federal student debt forgiven if they apply to have these loans credited under the Public Service Loan Forgiveness (PSLF) program before the October deadline.