Ex-Theranos executive Sunny Balwani sentenced to 13 years

Former Theranos chief operating officer Sunny Balwani was sentenced to 13 years in prison after being convicted of fraud for his role in the failed blood testing company.

Walmart may raise prices, close stores if rise in shoplifting continues, CEO says

“Theft is an issue. It is higher than what it has historically been,” Walmart's CEO said, warning that a lack of prosecution for shoplifting could ultimately mean higher prices for shoppers. “If that’s not corrected over time, prices will be higher, and/or stores will close.”

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

Recession is expected in Q1 2023: Bank of America

Bank of America economists expect a recession to emerge in the beginning of 2023. Here’s how to keep your finances on track.

Olive Garden launches matching family pajamas

The design features Olive Garden’s signature never-ending salad and breadsticks, spaghetti and meatballs and of course, the after-dinner Andes mint.

Facebook parent Meta threatens to remove news from social media site

Facebook's parent company says it will be “forced to consider” removing news content from its platform if Congress passes legislation requiring tech companies to pay news outlets for their material. Meta said it would rather pull news from its social media site rather than "submit to government-mandated negotiations."

Tesla delivers its first electric Semi trucks promising 500 miles of range

Tesla has started production of its electric Semi, which has a range of up to 500 miles per charge and the ability to recharge to 70% in a half-hour.

Taylor Swift fans sue Ticketmaster over concert ticket fiasco

The Swift fans' lawsuit alleges Ticketmaster engaged in antitrust violations, deceptive practices, fraud, and price-fixing during the ticket sale fiasco.

Starbucks fans furious over new 'awkward' tipping system

Starbucks' new tipping system requires customers to select the amount they would like to tip the cashier.

Fannie Mae, Freddie Mac to back mortgages over $1M

The FHFA announced higher mortgage loan limits surpassing $1 million, giving borrowers access to larger loan amounts without taking out a jumbo mortgage.

Supreme court to hear arguments on Biden's student loan forgiveness plan next year

The Supreme Court will rule over the legality of Biden's student loan forgiveness plan, but private loan borrowers won't qualify if it gets approved. Here's what to do if you can't get student loan relief.