Social Security payments could rise 3.2 percent in 2024
The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.
Instacart shares surge in grocery delivery company's stock market debut
Instacart's shares surged Tuesday as the grocery delivery company went from the super market to the stock market.
Victoria's Secret overhauls its racy fashion catwalk in company's move to be inclusive
Victoria’s Secret has been trying to reverse its image built on a man’s vision of sexiness that eventually backfired.
Here's how much workers are demanding to start a new job
The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.
Monthly costs for homebuyers rise nearly 20%
The average rate on 30-year fixed mortgage rose to 6.9% this week.
Bud Light parent company says US market share stabilizing after transgender promotion cost sales
Anheuser-Busch InBev reported a 10.5% drop in U.S. revenue in the second quarter as Bud Light sales plunged amid a conservative backlash over a promotion with transgender influencer Dylan Mulvaney.
Adidas makes $437 million from first Yeezy sale with portion going to anti-hate groups
Adidas is trying to offload the unsold shoes and donate part of the proceeds to groups like the Anti-Defamation League. The sports apparel company ended its partnership with Kanye West.
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
Overstock's website changes to Bed Bath & Beyond domain
The online retailer Overstock.com is dumping its name online and has become Bed & Bath & Beyond, which declared bankruptcy earlier this year.
Retirement account balances rise despite economic turmoil: Fidelity
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
Student loan borrowers not ready to resume payments, unaware of options: survey
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
Century-old San Francisco Anchor Brewing company closing
Anchor Brewing Company officials announced early Wednesday that it will cease operations and liquidate the business -- established in 1896 -- citing economic factors including declining sales since 2016.
Christmas Tree Shops to close all stores after filing for bankruptcy in May
The business, which sells a variety of discounted home goods, filed for Chapter 11 bankruptcy in May.
Negotiations break down between UPS, Teamsters Union, future uncertain
After a marathon overnight session, negotiations have reportedly collapsed between Sandy Springs-based United Parcel Service and the Teamsters Union which represents nearly 340,000 employees.
Twitter adds TweetDeck paywall, following user viewing limits
Twitter announced yet another change on Monday to the TweetDeck app, aimed at restricting use to users who pay the subscription fee to have the Verified blue check status.
Skyrocketing car insurance costs push some drivers to forgo coverage
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Rihanna resigns as CEO of lingerie brand Savage X Fenty
Rihanna became a billionaire because of her Fenty Beauty line, and has since included the Savage X Fenty lingerie, skincare and a fashion brand. Here's who the new CEO will be.
Fewer homes are selling, but they're selling fast: Redfin
Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.
CFPB warns about side effects of using medical credit cards, loans
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.