Swiss Army Knife maker plans model without a well-known feature

The manufacturer of the classic Swiss Army Knife is developing a new model that will be bladeless to address regulatory barriers hampering access to multitools with knives.

Slaughterhouse cleaning company fined $649K for child workers, some as young as 13

Federal investigations found 24 children, some as young as 13, doing “dangerous" work at slaughtering and meat packing facilities in Iowa and Virginia.

Mortgage rates push higher with no relief in sight: Freddie Mac

The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.

Rue21 files for bankruptcy, will close all stores

Another teen clothing retailer that's been a mall staple for years is shuttering all its stores.

Midtown Atlanta's gas-less QuikTrip set to close Friday

QuikTrip said concerns about crime and declining sales prompted its decision to close its gas-less Midtown Atlanta store for good.

Art Institutes borrowers to get student debt cancellation, Biden says

The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.

What do higher-for-longer interest rates mean for your money?

Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.

Consumers see higher auto payments in exchange for better borrowing rates

Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.

Father-daughter ironworker duo champion the rise of vocational learning

Vocational enrollment is up among younger Americans, and one nurse-turned-union ironworker thinks it's a good opportunity for students to secure their futures.

Walmart closing 51 health centers over lack of profitability

Walmart on Tuesday announced the closure of all its health clinics and related telehealth services, citing a lack of profitability.