CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

Mega Millions lottery jackpot nears $1B ahead of Friday drawing

The Mega Millions lottery jackpot is approaching $1 billion ahead of Friday’s drawing, driving first-time buyers and other hopefuls to stock up on tickets.

Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

Georgia ports had their 2nd-busiest year despite a decline in retail cargo

Georgia’s seaports had their second-busiest year in fiscal 2023 despite a decline in the volume of consumer goods moving across their docks as retailers with full inventories cut back their orders, officials said Tuesday.