Port strike: Dockworkers at East and Gulf Coast ports walk picket lines over wages, automation
Dockworkers at ports from Maine to Texas have started walking picket lines in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.
Private student loan interest rates rise for 5-year terms and dip for 10-year terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Port strike looming: What to know and expect
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
Salt Life brand closing all stores in US after bankruptcy sale
All Salt Life stores in the U.S. are closing after the company was recently purchased in a bankruptcy sale.
UPS hiring 125K seasonal workers: Here's who else is hiring for the holidays
Seasonal hiring is expected to be lighter this year than in 2023. Here's a look at who's hiring for the holidays.
US ready to crack down on cheap shopping site beloved by American bargain hunters
The House Intelligence Committee is requesting a briefing from the FBI and Securities Exchange Commission on Chinese Communist Party-linked e-commerce company Temu and its parent company Pinduoduo (PDD) amid concerns of exploitation of U.S. data.
Red Lobster is officially out of bankruptcy process: Here's what's next
Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.
Could mortgage rates drop even lower if Fed makes anticipated cut?
The average rate on a 30-year mortgage in the U.S. fell to its lowest level in 19 months last week, driven by a decline in Treasury yields ahead of an anticipated interest rate cut from the Federal Reserve.
Tupperware files for bankruptcy: Here’s what to know
Tupperware Brands has filed for Chapter 11 bankruptcy protection amid growing struggles to revitalize its business.
Amazon asks corporate workers to return to the office five days a week
Amazon announces a major policy shift, requiring corporate employees to return to the office five days a week starting January 2025, ending the company's hybrid work model introduced during the pandemic.
Lyft unveils feature to help riders avoid surge pricing
Lyft says driver earnings won't be affected by the launch of the feature.
Target’s car seat trade-in is back: How to get your coupon
Target’s car seat trade-in event has already recycled millions of pounds of materials. Here’s how to participate and what you’ll get.
Aldi to hire 13,000 holiday workers, raising minimum wages up to $23 an hour
Aldi is hiring thousands of workers for the upcoming holiday season and for the opening of new stores in the U.S., while also increasing its minimum wages to $18 and $23 an hour.
Another restaurant chain files for Chapter 11 bankruptcy
BurgerFi International on Wednesday joined the group of restaurant chains that have filed for Chapter 11 bankruptcy protection this year.
Big Lots files for bankruptcy, announces sale to investment firm
Big Lots previously expressed "substantial doubt" about its ability to continue operating.
LL Flooring, hardware store once known as Lumber Liquidators, to close all 400 stores in bankruptcy proceeding
The hardware company filed for bankruptcy last month but has failed to find a buyer.
Boeing Starliner capsule returns to Earth without two NASA astronauts
After months of turmoil over its safety, Boeing’s new astronaut capsule is set to depart the International Space Station on Friday without its crew.
David Rubenstein’s new book, “The Highest Calling," offers insights into presidential history
David Rubenstein is well known as the founder of the Carlyle Group, for giving millions of dollars to repair, maintain, and improve D.C. landmarks like the Washington Monument, and most recently, is the new owner of the Baltimore Orioles. But the billionaire philanthropist is also an author. His new book about the American presidency called "The Highest Calling," includes some of the interviews that he conducted with current and former U.S. presidents.
Red Lobster may exit bankruptcy protection soon
Red Lobster is set to exit Chapter 11 bankruptcy protection after a judge approved its reorganization plan. The seafood chain plans to operate 544 locations and will introduce a new CEO, Damola Adamolekun, as it looks to stabilize its business following financial struggles and restaurant closures.
Verizon to buy Frontier in $20B deal
Verizon is acquiring Frontier Communications in the massive deal to boost its network, while helping its efforts in artificial intelligence.