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.
Martha Stewart warns American economy will 'go down the drain' if people don't return to offices
"You can’t possibly get everything done working three days a week in the office and two days remotely," Martha Stewart said.
Pride becomes minefield for big US companies, but many continue their support
Dozens of big companies are sponsoring LGBTQ+ Pride events and displaying racks of Pride-themed merchandise. But this year, the rainbow has lost some shine.
Rising costs pressure many Americans to make this one retirement mistake: Survey
High costs pushed 25% of cash-strapped Americans to cut retirement savings, according to a recent TIAA Institute survey.
Bud Light buying back unsold, expired beer from wholesalers as sales continue to suffer: report
The Wall Street Journal reported Anheuser-Busch will try to help struggling wholesalers amid Bud Light backlash.
Many Americans eye buy now, pay later to gain more financial flexibility: Survey
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Target CEO: Retail theft may cost company over $1.2B this year
Target said it’s seeing an increasing number of violent incidents at stores, but doesn’t want to close stores because that hurts workers and the community.
Personal loan interest rates edge down for 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Some 14 million jobs won't exist globally in 5 years, report says
Here are the jobs that will be most impacted in the years ahead, according to the new report by the World Economic Forum.
BP reports $5 billion quarterly profit on strong oil, gas trading
BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.