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Category: Economy

GM bought out nearly half of Buick dealers who opt...

General Motors bought out roughly half of its Buick dealerships over the last year after offering voluntary buyouts to dealers opp...

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Electric scooter rental company Bird files for ban...

E-scooter rental company Bird Global filed for Chapter 11 bankruptcy on Tuesday, two years after going public in a deal valued the...

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Popular brand sold at Walmart, Target, Amazon reca...

Empower Brands has recalled more than 300,000 air fryers because of a problem with a U-Channel connector that combines the two fry...

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Texas-based developer accused of targeting Hispani...

Prosecutors said the Houston-area developer served as a "one-stop shop for discriminatory lending."

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Mortgage rate for a typical home loan falls to 6.8...

Mortgage rates are edging down from their highest level in 23 years as inflation around the U.S. continues to cool.

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"Vanilla Gift" card issuer faces lawsuit over card...

Incomm's prepaid cards had "insufficient" security features that made them targets for card draining scams, a recent lawsuit alleg...

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Electric scooter maker Bird files for bankruptcy

Once worth $2.5 billion, the former high-flying startup had pitched itself as a means of helping major cities go green.

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IRS to waive $1 billion in tax penalties. Here's w...

The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.

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Here's when you'll get your 2024 Social Security c...

The nation's 72 million Social Security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflat...

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Recalled applesauce now linked to more than 200 le...

Cinnamon used in the applesauce pouches was contaminated with "extremely high" lead levels.

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13 tons of TGI Friday's brand chicken recalled aft...

Simmons Foods is recalling chicken products that were sold by retailers including Amazon, Kroger, Publix, Target and Walmart.

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Monsanto ordered to pay $857 million over toxic PC...

Case against Monsanto claimed that seven former students and parent volunteers suffered range of ailments due to PCB exposure.

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Over one-third of US companies will not give year-...

Companies are wrapping up the calendar year 2023, and according to a Monday survey, the share of firms with plans to not dole out ...

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Vessels avoiding Red Sea amid ongoing Houthi rebel...

Ongoing attacks against international vessels in the Red Sea by Houthi Rebels in Yemen is forcing major companies to reroute, addi...

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FTX files reorganization plan to end bankruptcy

Cryptocurrency exchange FTX Trading Co. has filed an amended plan to end its bankruptcy and return funds to investors and customer...

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Adobe scraps $20B acquisition of design platform F...

Adobe has abandoned its $20 billion deal to acquire design platform Figma, citing a lack of approval from regulators. Adobe will p...

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What is Rudy Giuliani's net worth in 2023?

Giuliani was once worth more than $50 million, but his attorney has argued the defamation case "will be the end" of him financiall...

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Quaker Oats recalls granola bars, cereals nationwi...

The Quaker Oats Company is recalling dozens of granola bars and other products across the U.S. because they could contain salmonel...

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WeightWatchers launches program for weight-loss dr...

WeightWatchers program aims to help members maintain healthy habits while taking anti-obesity drugs like Ozempic and Wegovy.

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Ivy League consulting can cost up to $750,000 — an...

High-end consultants are helping the children of wealthy families polish their applications — and the work begins in middle school...

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