Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics
Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.
OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns
More than 500 of the artificial intelligence company's roughly 770 workers signed a letter, threatening to follow Sam Altman to Microsoft unless their demands are met.
Amazon warns employees: No promotions without following in-office mandate
Amazon employees who don’t abide by the company’s return-to-office mandate could jeopardize their pursuit of promotions.
US Postal Service records whopping $6.5 billion net loss for 2023
The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.
Push to cap loan interest fees at 36 percent may leave subprime borrowers without credit, trade groups warn
New legislation seeks to cap interest rates on all consumer loans, but banking groups warn it could do more harm than good.
Record number of Americans moving to disaster prone areas
Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.
Credit card balances grow $48 billion in the third quarter: NY Fed
Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.
Alarming number of Americans fall deeper into credit card debt each month: survey
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Chipotle founder opening robot-powered, meat-free restaurants
Each store will be manned by 3 people who will team up with robots to make meat-free burgers, faux chicken sandwiches, salads and acai bowls.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Gas prices’ steady decline might gain momentum as holidays approach: AAA
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
Planet Fitness considers raising its $10 membership fee
The fitness chain’s interim CEO discussed a potential price hike on memberships, a move the company has not made in years.
Man crushed to death by industrial robot that confused him for a box: police
The victim, a worker in his 40s, was inspecting the robot's sensor at a vegetable-packaging plant this week when the incident took place.
A cup of Joe with a side of kindness: Staten Island café's pay-it-forward post-it tradition
Customers pay it forward by spending $1 dollar for a sticky note that anyone can then rip off and bring to the register to apply to a cup of Joe.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.
Study: Long-term care costs the most in these US states
The study found that nursing home care costs an average of $108,405 annually.
Google faces 2nd antitrust trial, accused of monopolistic practices in play store
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Starbucks increases US hourly wages and adds other benefits for non-union workers
Starbucks said Monday that unionized workers won't be eligible for some of those perks, a sign of the continuing tension between the Seattle coffee giant and the union trying to organize its U.S. stores.
Starbucks CEO rolls out ‘triple shot’ strategy for growth
Narasimhan has been CEO for less than year.