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Business

News related to money, including business and finance.

Adidas figuring out what to do with all their Yeezy shoes after split with Ye

Adidas figuring out what to do with all their Yeezy shoes after split with Ye

The company's CEO said Wednesday that selling the popular line of shoes would mean paying royalties to Ye. He says destroying them could raise "sustainability issues,” while restitching them for resale “is not very honest.”

March 8, 2023 2:26pm EST
Do you suffer from ‘bankxiety,’ ‘scamxiety’ or other modern anxieties plaguing Americans?

Do you suffer from ‘bankxiety,’ ‘scamxiety’ or other modern anxieties plaguing Americans?

A recent poll found that millions of Americans suffer from modern anxieties.

March 8, 2023 2:12pm EST
CSX train derails in West Virginia after hitting rockslide, injuring 3

CSX train derails in West Virginia after hitting rockslide, injuring 3

No hazardous materials were being transported and there was no danger to the public, CSX said.

March 8, 2023 2:05pm EST
Americans feeling most pessimistic about financial future since 2010, survey shows

Americans feeling most pessimistic about financial future since 2010, survey shows

Just 31% of Americans expect their personal financial situation to improve over the next year.

March 8, 2023 1:58pm EST
Feds launch investigation into Norfolk Southern rail accidents

Feds launch investigation into Norfolk Southern rail accidents

Federal investigators have announced a special investigation into railroad Norfolk Southern.

March 8, 2023 1:50pm EST
SoFi Bank files lawsuit to stop Biden's student loan payment pause

SoFi Bank files lawsuit to stop Biden's student loan payment pause

In a federal lawsuit filed Friday in Washington, SoFi Bank N.A. asked a federal judge to overturn President Joe Biden’s latest extension of the payment pause.

March 8, 2023 1:18pm EST
Savings window opens: Today's mortgage rates edge down across all terms | March 7, 2023

Savings window opens: Today's mortgage rates edge down across all terms | March 7, 2023

Check out the mortgage rates for March 7, 2023, which are down from yesterday.

March 7, 2023 6:40pm EST
'Bare Minimum Mondays' are the new workplace trend

'Bare Minimum Mondays' are the new workplace trend

First came "quiet quitting;" now comes "bare minimum Monday" – the latest workplace trend receiving more and more support from the U.S. labor force.

March 7, 2023 10:26am EST
Student loan refinance interest rates edge up for both 5- and 10-year loans

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

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

March 6, 2023 7:34pm EST
Victoria’s Secret to bring back fashion show after 4-year hiatus

Victoria’s Secret to bring back fashion show after 4-year hiatus

Victoria’s Secret executives said on a recent earnings call that a "new version" of its fashion show will come later this year.

March 6, 2023 6:55am EST
'No evidence' of hazardous spill in Ohio's latest train derailment

'No evidence' of hazardous spill in Ohio's latest train derailment

Officials confirmed Sunday afternoon that no hazardous materials were involved in the derailment.

March 5, 2023 6:29pm EST
20 cars of Norfolk Southern cargo train derail in Ohio, less than a month after East Palestine wreck

20 cars of Norfolk Southern cargo train derail in Ohio, less than a month after East Palestine wreck

"I was right there and I was playing on my phone and then I heard a loud bang. And when I heard the loud bang, I started recording," Shawn Heaton said. "When I heard the bang, there was all kinds of debris and metal shoot out from under the cars and that's when I started recording and you could see them start jumping off the tracks."

March 4, 2023 11:14pm EST
Costco answers whether it is raising membership fee: 'Question of when, not if'

Costco answers whether it is raising membership fee: 'Question of when, not if'

Currently, the Annual Costco Gold Star membership costs $60, and Executive membership is $120 per year.

March 4, 2023 4:52pm EST
Lowe's Foundation invests $50M to address 'critical' tradespeople worker shortage

Lowe's Foundation invests $50M to address 'critical' tradespeople worker shortage

The construction industry will need an estimated 546,000 more workers "on top of the normal pace of hiring in 2023 to meet the demand for labor," analysts say.

March 4, 2023 9:05am EST
Americans with poor longevity literacy at greater risk of outliving retirement savings: Survey

Americans with poor longevity literacy at greater risk of outliving retirement savings: Survey

Sixty-three percent of American adults are working with inaccurate longevity measures when they plan for retirement, according to the most recent TIAA Institute-Global Financial Literacy Excellence Center (GFLEC) Personal Finance Index survey.

March 3, 2023 6:33pm EST
Mortgage rates rise, may reverse a recovering housing market: Freddie Mac

Mortgage rates rise, may reverse a recovering housing market: Freddie Mac

Mortgage rates increased once again this week after rates in the beginning of the year raised optimism for a recovering housing market. But you can still find the right deal by shopping around, Freddie Mac data shows.

March 3, 2023 6:20pm EST
Computer chip makers must provide child care, other benefits if they want federal funding

Computer chip makers must provide child care, other benefits if they want federal funding

The Commerce Department is opening the application process for computer chip manufacturers to access $39 billion in government support to build new factories and expand production.

March 3, 2023 5:00pm EST
Good news: Personal loan interest rates fall for 3-year fixed-rate loans

Good news: Personal loan interest rates fall for 3-year fixed-rate loans

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

March 2, 2023 2:39pm EST
In-N-Out has 2nd-healthiest fast-food cheeseburger in America, study says

In-N-Out has 2nd-healthiest fast-food cheeseburger in America, study says

California's quintessential burger chain In-N-Out ranked second in the US, and was beat by Texas' beloved Whataburger for the top spot. Fries not included!

March 2, 2023 1:31pm EST
Biden's student loan forgiveness aside, Fresh Start gives borrowers in default a clean slate

Biden's student loan forgiveness aside, Fresh Start gives borrowers in default a clean slate

Despite the uncertainty over where the U.S. Supreme Court will land on the student loan forgiveness plan, $34 billion of defaulted loans have already been marked as current under the Biden administration's Fresh Start program.

March 2, 2023 12:15pm EST
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Latest News

NJ propane shortage: State of Emergency declared

NJ braces for propane shortage: State of Emergency declared

Bucks County man arrested in El Salvador brought back to US to face child sex assault charges

Bucks County man arrested in El Salvador brought back to US to face child sex assault charges

Who is Tayvine Jones?: Inside accused Philadelphia gang hitman's violent past

Who is Tayvine Jones?: Inside accused Philadelphia gang hitman's violent past

Trump's management of the economy hits its lowest point, poll finds

Trump's management of the economy hits its lowest point, poll finds

City to add second trash pick-up day in North Philadelphia in 2026

City to add second trash pick-up day in North Philadelphia in 2026

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Customers locked out of Store Space Self Storage in Philly due to power outage: 'Extremely frustrated'

Customers locked out of Store Space Self Storage in Philly due to power outage: 'Extremely frustrated'

Philadelphia weather: Measurable snow expected this weekend with bitter cold temps

Philadelphia weather: Measurable snow expected this weekend with bitter cold temps

Abandoned puppy found in box outside Pennsylvania SPCA

Abandoned puppy found in box outside Pennsylvania SPCA

93-year-old man found dead in North Philadelphia; police search for missing car

93-year-old man found dead in North Philadelphia; police search for missing car

Funeral arrangements announced for fallen Philly Police Officer Andy Chan

Funeral arrangements announced for fallen Philly Police Officer Andy Chan

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