Credit card debt surges to another record high, New York Fed data shows

Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.

Advance Auto Parts closing over 700 locations following sluggish performance

Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.

23andMe announces workforce cut of 40% before the holidays

DNA site 23andMe is now announcing a big cut just before the holidays – the latest setback for the struggling South San Francisco startup.

American Freight closing all stores amid parent company's bankruptcy filing

The furniture and appliance retailer is shuttering all of its locations and kicking off store closing sales as part of Chapter 11 bankruptcy proceedings by its parent company.

Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'

Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.

Wendy's closing 140 more restaurants, but will open other locations

The Ohio-based burger chain plans to open more than 200 restaurants this year to offset the closings of the other locations.

New rules could make it easier to switch banks

A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.

Inflation gauge falls to lowest level in 3 1/2 years

Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.

Best (and worst) states for jobs in 2024: Here's where NY, NJ, CT ranked

Finding a job can be a lot of work, but in some states, the process of finding employment may be easier, according to a new report. Here's where NY, NJ and CT ranked.