Digital mortgages to enter a new, faster (and cheaper) era in year ahead

As the housing market slows, lenders will look to use more time investing in technology and making mortgages faster, easier and cheaper, according to one mortgage expert.

Americans shopping for auto insurance to save money, TransUnion report

While auto insurance shopping is down overall, more Americans are looking for new insurance in order to reduce costs, rather than as a result of a car purchase, TransUnion’s report showed.

Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report

Total household debt increased by more than $300 billion across credit cards, mortgages and more in the second quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt.

Starbucks workers strike at more than 100 US stores

The walkouts on Thursday coincide with Starbucks’ annual Red Cup Day, which workers say is often one of the busiest days of the year.

Elizabeth Holmes faces judgment day for her Theranos crimes

A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.

Amazon begins mass layoffs among its corporate workforce

Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.

Judge extends federal student loan forgiveness block

A federal appeals court extended its block on President Biden's student loan forgiveness plan. Here's what that means for you.

Rail strike could close plants, upend economy, chemicals industry warns

It’s looking increasingly likely that Congress will have to step in to settle a dispute between railroads and unions because the economic stakes are so high.

Caterpillar fined $145K after worker falls into pot of molten iron, OSHA says

The employee fell into an 11-foot-deep pot of molten iron heated to more than 2,000 degrees Fahrenheit and was "immediately incinerated," OSHA said.

Tyson CFO apologizes for drunken arrest on earnings call

Tyson Foods Chief Financial Officer John Tyson was arrested in the early hours of Nov. 6 after police say they discovered him asleep in a stranger's home.

Mortgage rates rise as Fed fights inflation: Freddie Mac

Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.

Amazon plans to lay off 10,000 employees: report

Amazon reportedly plans to lay off 10,000 corporate and technology employees as soon as this week. The move would mark the largest job cut in Amazon's history.

FedEx to furlough drivers just as Christmas season begins

The FedEx Freight furloughs will last around three months. During this time, workers will still receive health benefits and may file for unemployment.

FTX bankruptcy filing: What's happening at the crypto exchange?

FTX is struggling to account for money that went missing hours after it filed for bankruptcy. Billions of dollars are unaccounted for right now.