How much you need to make to afford a single-family home in most US cities
Housing costs rose to record numbers in 2024.
Credit card debt surges to another record high, New York Fed data shows
Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.
Advance Auto Parts closing over 700 locations following sluggish performance
Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Norfolk Southern makes deal with investors to prevent another fight for control of the railroad
Norfolk Southern announced an agreement Thursday with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
Amazon Haul to compete with Shein, Temu: What to know
Amazon’s new storefront will primarily feature products for consumers at affordable prices. Here's what you need to know.
Nearly half of Americans say debt is affecting their health: Study
A new study reveals that household debt is increasingly becoming a source of stress for many Americans.
Red Lobster's new menu ditches endless shrimp, but fan favorite returns
Red Lobster recently revamped its menu bringing back these popular food items to its restaurants.
Home Depot’s Q3 results top Wall Street as pullback in consumer spending eases a bit
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter.
23andMe announces workforce cut of 40% before the holidays
DNA site 23andMe is now announcing a big cut just before the holidays – the latest setback for the struggling South San Francisco startup.
80,000 pounds of Costco butter recalled for lacking disclaimer about milk
The recalled 46,800 pounds of butter “list cream, but may be missing the Contains Milk statement," according to the FDA.
American Freight closing all stores amid parent company's bankruptcy filing
The furniture and appliance retailer is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.
Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.
American Freight closing hundreds of stores, including Georgia locations
Mega furniture retailer American Freight is closing hundreds of locations nationwide as part of Chapter 11 bankruptcy proceedings filed by its parent company.
Tyson Foods under investigation by Department of Labor over child labor claims
The Department of Labor received two separate tips that minors were possibly working at two Tyson Foods plants in Arkansas.
This Is It! announces closure of Panola Road location due to road improvements
A popular BBQ and seafood restaurant in metro Atlanta has announced it is closing its DeKalb County location near Interstate 20 on Panola Road.
The new Starbucks strategy: Will CEO Brian Niccol’s plan work?
Starbucks' new chief executive announced a series of changes this week aimed at drawing back customers as the company navigates unionization pressures, declining foot traffic, and frequent leadership changes.
TGI Fridays files for bankruptcy, COVID-19 pandemic blamed for financial woes
TGI Friday's has filed for Chapter 11 bankruptcy protection.
IRS increases 401(k), other retirement plan contribution limits for 2025
The IRS has updated its eligibility thresholds and contribution limits for 401(k), IRA and other retirement accounts.
Wendy's closing 140 more restaurants, but will open other locations
The Ohio-based burger chain plans to open more than 200 restaurants this year to offset the closings of the other locations.