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Business

News related to money, including business and finance.

Nearly a million student loan borrowers back in forbearance following servicer billing errors

Nearly a million student loan borrowers back in forbearance following servicer billing errors

The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.

November 21, 2023 3:49pm EST
Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics

Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics

Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.

November 21, 2023 12:11pm EST
OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns

OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns

More than 500 of the artificial intelligence company's roughly 770 workers signed a letter, threatening to follow Sam Altman to Microsoft unless their demands are met.

November 21, 2023 8:07am EST
'Thanks for the great ride!' CEO, co-founder of Cruise steps down from position

'Thanks for the great ride!' CEO, co-founder of Cruise steps down from position

Cruise's co-founder Kyle Vogt resigned as chief executive officer, according to a series of tweets made Sunday evening.

November 20, 2023 5:27pm EST
Microsoft hires OpenAI founder Sam Altman after being ousted

Microsoft hires OpenAI founder Sam Altman after being ousted

Meanwhile, the new head of ChatGPT maker OpenAI said Monday that he would launch an investigation into the firing of Sam Altman -- a corporate shakeup that shocked the artificial intelligence world.

November 20, 2023 7:29am EST
Amazon warns employees: No promotions without following in-office mandate

Amazon warns employees: No promotions without following in-office mandate

Amazon employees who don’t abide by the company’s return-to-office mandate could jeopardize their pursuit of promotions.

November 18, 2023 2:57pm EST
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac

Mortgage rates dip further and could be the break homebuyers need: Freddie Mac

The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.

November 17, 2023 12:02pm EST
US Postal Service records whopping $6.5 billion net loss for 2023

US Postal Service records whopping $6.5 billion net loss for 2023

The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.

November 16, 2023 9:58am EST
Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season

Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season

The holidays are just around the corner, and that means Starbucks is gearing up to offer free drinks for its Red Cup Day promotion. It also means workers at hundreds of the coffee chain's locations will be AWOL. 

November 15, 2023 3:22pm EST
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn

Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn

New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.

November 15, 2023 1:00pm EST
Flat October inflation leaves consumer prices unchanged

Flat October inflation leaves consumer prices unchanged

Consumer prices held steady in October as prices remained the same as the month before, and on an annual basis, prices rose 3.2% in October, a deceleration from the 3.7% growth in September.

November 15, 2023 11:17am EST
Delta employee describes ‘soul-crushing’ experience, racism on the job in letter to bosses

Delta employee describes ‘soul-crushing’ experience, racism on the job in letter to bosses

A Delta employee claimed the company contradicts its own “Equal Justice Initiative" behind the scenes in a letter to her bosses.

November 14, 2023 11:10pm EST
Record number of Americans moving to disaster prone areas

Record number of Americans moving to disaster prone areas

Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.

November 14, 2023 4:07pm EST
Credit card balances grow $48 billion in the third quarter: NY Fed

Credit card balances grow $48 billion in the third quarter: NY Fed

Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.

November 14, 2023 3:53pm EST
Former convict had trouble finding a job, so he started his own: Helping other ex-felons find work

Former convict had trouble finding a job, so he started his own: Helping other ex-felons find work

Ricky Brown says 13 years in federal prison changed his life.

November 13, 2023 10:52pm EST
Homebuying to remain slow through 2023: agent survey

Homebuying to remain slow through 2023: agent survey

High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.

November 13, 2023 1:37pm EST
Alarming number of Americans fall deeper into credit card debt each month: survey

Alarming number of Americans fall deeper into credit card debt each month: survey

Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.

November 13, 2023 1:26pm EST
Halcyon retailers hoping Small Business Saturday brings big crowds

Halcyon retailers hoping Small Business Saturday brings big crowds

Retails at Forsyth County's Halcyon are ready to make holiday shopping a breeze for customers this season.

November 13, 2023 11:03am EST
Chipotle founder opening robot-powered, meat-free restaurants

Chipotle founder opening robot-powered, meat-free restaurants

Each store will be manned by 3 people who will team up with robots to make meat-free burgers, faux chicken sandwiches, salads and acai bowls.

November 12, 2023 10:26am EST
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.

November 10, 2023 3:48pm EST
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Atlanta Journal-Constitution prints final edition after 157 years

Atlanta Journal-Constitution prints final edition after 157 years

Southeast Atlanta seniors fear catastrophe amid constant elevator breakdowns

Southeast Atlanta seniors fear catastrophe amid constant elevator breakdowns

One hospitalized following New Year’s Eve house fire in southeast Atlanta

One hospitalized following New Year’s Eve house fire in southeast Atlanta

Gunman robs man of gaming winnings on Christmas Eve; suspect wanted

Gunman robs man of gaming winnings on Christmas Eve; suspect wanted

Wife of Jill Biden’s ex-husband dies after domestic dispute call: reports

Wife of Jill Biden’s ex-husband dies after domestic dispute call: reports

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Judge dismisses RICO charges against 61 'Stop Cop City' defendants

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Judge denies bond for Bojangles manager in coworker’s father’s death

Multiple new laws for Georgia in 2026 | Here are some big ones

Multiple new laws for Georgia in 2026 | Here are some big ones

Countdown Over ATL: What you need to know about Atlanta's New Year's Eve celebration

Countdown Over ATL: What you need to know about Atlanta's New Year's Eve celebration

Peachtree City wife faces surgery while husband battles rare disease: 'Scared to death'

Peachtree City wife faces surgery while husband battles rare disease: 'Scared to death'

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