Target CEO: Retail theft may cost company over $1.2B this year
Target said it’s seeing an increasing number of violent incidents at stores, but doesn’t want to close stores because that hurts workers and the community.
3M fires executive over inappropriate conduct weeks after promotion
3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday.
Amazon to increase delivery speed while cutting costs
Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Mortgage rates dip on positive inflation data: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.
Gas prices decrease amid market uncertainty: AAA
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.
Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
McDonald's found liable for hot chicken nugget that burned child's leg
The jury heard two days of testimony and arguments about the 2019 episode that left the 4-year-old girl with a burned upper thigh.
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).
Today's mortgage rates fall, keeping 15-year terms as the day's lowest | May 11, 2023
Check out the mortgage rates for May 11, 2023, which are trending down from yesterday.
Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023
Check out the mortgage rates for May 10, 2023, which are mixed from yesterday.
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.
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.
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.
Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023
Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.
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.
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.
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.