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  • Business

    Peloton shares fall after posting wider-than-expected loss, falling sales due to Bike recall, seasonality

    by August 24, 2023
    August 24, 2023

    Peloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it…

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  • Business

    Truck purchases are driving up the average cost of car payments. Some buyers pay over $1,000 a month

    by August 24, 2023
    August 24, 2023

    Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are driving…

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  • Business

    S&P downgrades multiple U.S. banks on growing liquidity worries

    by August 23, 2023
    August 23, 2023

    S&P Global followed Moody’s in cutting its credit ratings and outlook on multiple U.S. regional…

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  • Business

    UPS workers overwhelmingly approve new contract, ending strike threat

    by August 23, 2023
    August 23, 2023

    UPS workers ratified the Teamsters-negotiated labor deal reached nearly a month ago, allowing the next…

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  • Business

    The 30-year mortgage rate hits 7.48%, the highest level since 2000

    by August 22, 2023
    August 22, 2023

    Mortgage interest rates continue to climb, putting homeownership further out of reach for many potential…

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  • Business

    Over 1.5 million dehumidifiers recalled due to fire and burn hazards

    by August 19, 2023
    August 19, 2023

    Gree Electric Appliances, Inc., is recalling 1.56 million dehumidifiers sold between 2011 and 2014 under…

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  • Business

    Walmart and Target face similar problems — but only one is thriving

    by August 19, 2023
    August 19, 2023

    Target and Walmart are both catering to thriftier shoppers, but the two big-box retailers have seen very different…

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  • Business

    Several Buy Buy Baby and Harmon stores to reopen after buyers scored deals on the bankrupt brands

    by August 19, 2023
    August 19, 2023

    Bed Bath & Beyond may never return to its brick-and-mortar heyday, but the doors at former…

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  • Business

    Fed officials see ‘upside risks’ to inflation, possibly leading to more rate hikes, minutes show

    by August 18, 2023
    August 18, 2023

    Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation…

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  • Business

    ‘Lazy girl jobs’ are trending in rally against burnout culture

    by August 18, 2023
    August 18, 2023

    “Lazy girl jobs” — a viral term that refers to well-paying, flexible jobs that allow…

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