'Career cushioning,' latest workplace trend, has employees trying to protect themselves heading into 2024
A workplace trend known as "career cushioning" has employees setting up Plan B initiatives — so that if they're downsized by their companies, they're prepared for it. Here's what to know.
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Constantine's Delicatessen, a Queens icon, closing after 92 years
Constantine's Delicatessen in Queens is closing its doors after 92 years, due to the changing tastes of residents and the cost of supplies skyrocketing after the pandemic.
Toyota's small car unit Daihatsu suspending vehicle shipments over safety cheating scandal
Toyota said its investigation found 174 new cases of irregularities in safety test and other procedures in 25 test categories involving multiple model vehicles.
Boston Market's owner files for bankruptcy amid legal troubles
Owner Jay Pandya filed for bankruptcy recently amid financial troubles and lawsuits from debtors.
Americans living in these states are worse off financially: survey
Americans nationwide are feeling the lingering impact of inflation on their wallets, but these three states have it the worst, according to a recent WalletHub survey.
Biden forgives another $4.8 billion in federal student loan debt, but alternative relief plan hits a snag
The Biden administration has forgiven a total of $132 billion in federal student loans for more than 3.6 million Americans, and all of it has bypassed the need for congressional approval.
Running for a bonus: Company gives larger cash rewards if workers can run 2 miles a day
The Chinese paper company swapped its year-end bonuses for monthly, exercise-based cash rewards, telling a state-owned newspaper how “a company can last long when its employees are healthy."
Japanese steel company purchasing U.S. Steel in deal worth nearly $15 billion
Nippon Steel said Monday that the deal will bolster its manufacturing and technology capabilities, and also expand the company's production in the U.S. and add to its positions in Japan.
Costco sold $100 million in gold bars last quarter
CFO Richard Galanti said in September that the gold bars are 'typically gone within a few hours.'
Temu accuses Shein of using 'mafia-style intimidation' of suppliers to restrict its growth
A complaint filed in federal court claims Shein called suppliers it believes to be working with Temu to its offices, detaining them for hours, seizing their phones and threatening to impose penalties for doing business with its rival.
12 percent of retired Americans plan to return to the workforce in 2024: survey
Some 12% of Americans said they planned to work again in the New Year, with 61% citing rising costs as the reason, a recent Resume Builder survey said.
Are annual reviews going away? What this means for the workforce
The U.S. job market remains strong, and more employers are looking for ways to give feedback and constructive criticism without doing a full-blown annual performance evaluation.
Toy maker Hasbro to cut 1,100 jobs, prompted by ongoing slowdown in sales
Toy maker Hasbro is cutting about 1,100 jobs, or 20% of its workforce.
Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan
The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.
SmileDirectClub shuts down 'effective immediately,' leaving customers in limbo
SmileDirectClub announced the closure on its website after filing for Chapter 11 bankruptcy in September.
In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024
Starbucks says it’s committed to bargaining with its unionized workers and reaching labor agreements next year. The move Friday is major reversal for the coffee chain after two years fighting the unionization of its U.S. stores.
Gas prices dip lower, an early present for travelers this holiday season: AAA
The national average for a gallon of gas resumed its gradual decline amid falling oil prices. If oil prices stay low, drivers can anticipate a continued drop in pump prices, AAA said.
Here's how high interest rates can help build your savings
The Federal Reserve's efforts to lower inflation have pushed interest rates to an all-time high, which means consumers pay more to borrow but could be earning more on savings, a recent survey by Santander said.
Taylor Swift is Forbes' 5th most powerful woman in the world – see who else made the list
Taylor Swift is in her “power era," outranking dozens of other notable female global figures in politics, media, and business.