Fewer homes are selling, but they're selling fast: Redfin

Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.

Cava is now a publicly traded company

The D.C.-based Mediterranean restaurant's shares started trading on the New York Stock Exchange Thursday morning.

Legislative bill seeks to make expanded child tax credit permanent

House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.

Ex-Starbucks manager awarded $25.6 million in suit over firing after 2018 arrests of 2 Black men

Jurors in federal court have awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018.

Bud Light no longer America's top-selling beer as backlash continues

It's a milestone in Bud Light's months-long sales decline since early April, when critics who were angered by the brewer sending a commemorative can to transgender influencer Dylan Mulvaney vowed to boycott the brand.

CFPB warns about side effects of using medical credit cards, loans

Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.

Student loan payments will resume in October, Education Department confirms

Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.

Instant Pot parent files for bankruptcy protection

Instant Brands glassware is filing for Chapter 11 bankruptcy protection after inflationary pressures curtailed consumer spending.

Financial professionals recommend investing your bonus in your 401(k): survey

Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.

Gas prices hold steady despite surge in demand for domestic gasoline: AAA

Gas prices decreased slightly for the week ending June 8, AAA said. Despite an increase in gasoline demand, fluctuating oil prices have limited increases at the pump.