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Business

News related to money, including business and finance.

Target warns of weak holiday season, CEO says consumers stressed

Target warns of weak holiday season, CEO says consumers stressed

Inflation dipped slightly in October but has been running near a 40-year high for months, causing consumers to pull back on some spending to prioritize items like food and gas.

November 17, 2022 2:22pm CST
Frontier Airlines launches unlimited 'all-you-can-fly' annual pass

Frontier Airlines launches unlimited 'all-you-can-fly' annual pass

This could be a frequent flyers dream come true!

November 17, 2022 7:00am CST
Good news: Private student loan interest rates tumble for 5- and 10-year loans

Good news: Private student loan interest rates tumble for 5- and 10-year loans

The latest private student loan interest rates from the Credible marketplace, updated weekly.

November 16, 2022 5:05pm CST
Amazon begins mass layoffs among its corporate workforce

Amazon begins mass layoffs among its corporate workforce

Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.

November 16, 2022 4:53pm CST
Judge extends federal student loan forgiveness block

Judge extends federal student loan forgiveness block

A federal appeals court extended its block on President Biden's student loan forgiveness plan. Here's what that means for you.

November 16, 2022 4:50pm CST
Musk tells remaining Twitter staff to go "hardcore" or leave

Musk tells remaining Twitter staff to go "hardcore" or leave

Musk fired much of Twitter's full-time workforce by email early this month.

November 16, 2022 3:36pm CST
Rail strike could close plants, upend economy, chemicals industry warns

Rail strike could close plants, upend economy, chemicals industry warns

It’s looking increasingly likely that Congress will have to step in to settle a dispute between railroads and unions because the economic stakes are so high.

November 16, 2022 11:38am CST
Caterpillar fined $145K after worker falls into pot of molten iron, OSHA says

Caterpillar fined $145K after worker falls into pot of molten iron, OSHA says

The employee fell into an 11-foot-deep pot of molten iron heated to more than 2,000 degrees Fahrenheit and was "immediately incinerated," OSHA said.

November 16, 2022 7:00am CST
Subway tests out premade sandwiches in smart vending machines

Subway tests out premade sandwiches in smart vending machines

The global fast-food restaurant franchise announced Monday it is expanding its brick-and-mortar presence with smart vending machines in an effort to better serve its “on-the-go” guests.

November 15, 2022 12:16pm CST
Tyson CFO apologizes for drunken arrest on earnings call

Tyson CFO apologizes for drunken arrest on earnings call

Tyson Foods Chief Financial Officer John Tyson was arrested in the early hours of Nov. 6 after police say they discovered him asleep in a stranger's home.

November 15, 2022 5:48am CST
Personal loan interest rates continue trending down for 3-year fixed-rate loans

Personal loan interest rates continue trending down for 3-year fixed-rate loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

November 14, 2022 6:01pm CST
Student loan refinance interest rates edge up for 5- and 10-year loans

Student loan refinance interest rates edge up for 5- and 10-year loans

The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.

November 14, 2022 5:36pm CST
Mortgage rates rise as Fed fights inflation: Freddie Mac

Mortgage rates rise as Fed fights inflation: Freddie Mac

Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.

November 14, 2022 5:13pm CST
Steve Jobs' old, worn-out Birkenstocks sell for more than $200,000

Steve Jobs' old, worn-out Birkenstocks sell for more than $200,000

More than a decade after Steve Jobs' passing, a pair of worn-down, old Birkenstocks owned by the late Apple co-founder sold for an astounding $218,750 on Sunday.

November 14, 2022 3:11pm CST
Amazon plans to lay off 10,000 employees: report

Amazon plans to lay off 10,000 employees: report

Amazon reportedly plans to lay off 10,000 corporate and technology employees as soon as this week. The move would mark the largest job cut in Amazon's history.

November 14, 2022 2:17pm CST
FedEx to furlough drivers just as Christmas season begins

FedEx to furlough drivers just as Christmas season begins

The FedEx Freight furloughs will last around three months. During this time, workers will still receive health benefits and may file for unemployment.

November 14, 2022 1:15pm CST
After FTX bankruptcy, Binance proposing fund to save crypto from future failures

After FTX bankruptcy, Binance proposing fund to save crypto from future failures

The proposal is an effort to stave off the cascading effects of last week's implosion of FTX, the world's third-largest crypto exchange.

November 14, 2022 12:57pm CST
FTX bankruptcy filing: What's happening at the crypto exchange?

FTX bankruptcy filing: What's happening at the crypto exchange?

FTX is struggling to account for money that went missing hours after it filed for bankruptcy. Billions of dollars are unaccounted for right now.

November 13, 2022 6:17pm CST
Dolly Parton awarded $100 million from Jeff Bezos to give to charities of her choice

Dolly Parton awarded $100 million from Jeff Bezos to give to charities of her choice

Jeff Bezos awarded Dolly Parton his Courage and Charities Award for $100 million.

November 13, 2022 2:11pm CST
Milwaukee Winter Farmers Market kicks off 14th season: 'Pure joy'

Milwaukee Winter Farmers Market kicks off 14th season: 'Pure joy'

The Milwaukee Winter Farmers Market returned for its 14th season Saturday Nov. 12. It's located at 53rd and Capitol and has a variety of products.

November 12, 2022 4:13pm CST
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