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.
Toddler maimed by Macy’s mannequin, lawsuit claims
Lawsuit claims the Macy's mannequin wasn't properly secured, which allowed it to fall on the boy
Bud Light launches 'biggest summer campaign ever,' giving away $10K weekly amid sales slump
Bud Light’s parent company Anheuser-Busch InBev is tripling its U.S. marketing spending this summer as it tries to boost sales that plummeted after the brand partnered with a transgender influencer.
FTC sues Amazon over Prime cancellation process
The Federal Trade Commission is suing Amazon for what it calls a yearslong effort to enroll consumers without consent into Amazon Prime and making it difficult for them to cancel their subscriptions.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Amazon accused of enrolling consumers into Prime without consent and making it hard to cancel
The Federal Trade Commission is suing Amazon for what it calls a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions.
Bed Bath & Beyond, Party City store closings this month
Nine Party City locations across six states will shutter this month.
Here's why BNPL providers are becoming more selective on who qualifies for zero-interest loans
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Virgin Galactic announces first commercial spaceflights this summer
Virgin Galactic's first commercial spaceflight is scheduled to be a research mission launched June 27, followed by a private astronaut flight in August.
Legislative bill seeks to make expanded child tax credit permanent
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
UPS drivers to get air-conditioned trucks for 1st time under union agreement
UPS has reached a tentative agreement with the Teamsters union on heat safety for drivers in its iconic brown delivery trucks.
Bud Light no longer America's top-selling beer as backlash continues
It's a milestone in Bud Light's months-long sales decline since early April, when critics who were angered by the brewer sending a commemorative can to transgender influencer Dylan Mulvaney vowed to boycott the brand.
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.
Student loan payments will resume in October, Education Department confirms
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Founder of sexuality-focused women's wellness company pleads not guilty in forced labor case
An entrepreneur who promoted group “orgasmic meditation" as a road to women’s well-being has pleaded not guilty to a charge of manipulating traumatized people into debt, undesired sex and underpaid work.
Instant Pot parent files for bankruptcy protection
Instant Brands glassware is filing for Chapter 11 bankruptcy protection after inflationary pressures curtailed consumer spending.
Financial professionals recommend investing your bonus in your 401(k): survey
Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.
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.
Gas prices hold steady despite surge in demand for domestic gasoline: AAA
Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.
Hidden panic buttons installed in NYC bodegas for enhanced security
Small hidden panic buttons are being installed inside bodegas across NYC.