Inflation ticks up again in April, puts interest rate hikes back on the table
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
Auto insurers plan further rate increases this year – Here's how you can get costs under control
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
MTV News forced to close down after 36 years amid Paramount layoffs
The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.
The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.
Tempur Sealy to shell out $4B to buy Mattress Firm
Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.
Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.
Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Gas prices drop amid recession fears, pre-summer lull: AAA
Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.
Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.
California Big Lots managers claim they were fired for chasing down stolen merchandise
A manager at a Big Lots store in California claimed she and her colleague were fired after wrangling back a shopping cart from an alleged shoplifter who made off with a haul of laundry detergent.
A manager at a Big Lots store in California claimed she and her colleague were fired after wrangling back a shopping cart from an alleged shoplifter who made off with a haul of laundry detergent.
Number of new American business applications hits an all-time high
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record.
Yeezy shoes still piled up in warehouses after split with Adidas
Losing the Yeezy brand is "of course hurting us," the CEO of Adidas said.
Losing the Yeezy brand is "of course hurting us," the CEO of Adidas said.
Personal loan interest rates edge down for 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Shell reports $9.6 billion profit as energy prices slip
Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.
Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.
70% of Americans plan to retire, but 42% lack savings: Study
According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.
According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.
Some 14 million jobs won't exist globally in 5 years, report says
Here are the jobs that will be most impacted in the years ahead, according to the new report by the World Economic Forum.
Here are the jobs that will be most impacted in the years ahead, according to the new report by the World Economic Forum.
BP reports $5 billion quarterly profit on strong oil, gas trading
BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.
BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.
Bank deposits fell by more than $76 billion
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Biden asks student loan companies to prepare for end to payment pause
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
First Republic Bank seized by regulators, sold to JPMorgan Chase
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
Thrift shop demand increases in 2023
The owners of Thrift NYC, Nick Norman and Michael Aylward say they are seeing increasing demand. They recently opened their third location in Manhattan.
The owners of Thrift NYC, Nick Norman and Michael Aylward say they are seeing increasing demand. They recently opened their third location in Manhattan.
New chaperone policy begins at Westfield Garden State Plaza Mall
According to the new policy, anyone under the age of 17 must be accompanied by someone 21 or older to enter the mall after 5 p.m. on Fridays and Saturdays.
According to the new policy, anyone under the age of 17 must be accompanied by someone 21 or older to enter the mall after 5 p.m. on Fridays and Saturdays.
Gas prices dip, offering consumers some relief at the pump: AAA
The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.
The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.