Major retailers closing doors amid inflation, lower consumer demand
Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.
Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.
Mortgage rates drop for third week in a row, but home buyers remain reluctant
Mortgage rates dropped to 6.87% for 30-year mortgages, but homebuying sentiment also decreased.
Mortgage rates dropped to 6.87% for 30-year mortgages, but homebuying sentiment also decreased.
Fort Worth man offered $200M to buy Virgin Orbit. He had less than $1 in his bank account, SEC claims
The SEC claims the North Texas man actually had less than $1 in his bank account when he made the offer, falsely claimed he had an SMU law degree and lied about having investments "in over 13 space companies."
The SEC claims the North Texas man actually had less than $1 in his bank account when he made the offer, falsely claimed he had an SMU law degree and lied about having investments "in over 13 space companies."
Medical debt may come off credit reports soon, helping Americans qualify for more financial products
Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.
Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.
Most student loan borrowers will struggle to pay at some point: survey
Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.
Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.
Rite Aid to close over two dozen stores amid bankruptcy proceedings
Rite Aid filed a “notice of additional closing stores" identifying 27 locations in Michigan and Ohio that it has added to the chopping block.
Rite Aid filed a “notice of additional closing stores" identifying 27 locations in Michigan and Ohio that it has added to the chopping block.
Iconic American companies that aren't in America anymore
Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.
Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.
Waffle House will raise wages for tipped workers amid labor advocacy efforts
Waffle House is increasing pay for its U.S. workers - and menu prices are going up.
Waffle House is increasing pay for its U.S. workers - and menu prices are going up.
Rhode Island has the highest car accident costs, here are the other states with high costs
Drivers are struggling to deal with high car repair costs, with Rhode Island, Georgia and Connecticut facing the highest costs.
Drivers are struggling to deal with high car repair costs, with Rhode Island, Georgia and Connecticut facing the highest costs.
Millennials most likely to unlock low mortgage rate to move: Freddie Mac
Millennials are among the generational segments that have locked in on low mortgage rates, but life circumstances are more likely to pressure this group to unlock low rates to move, a recent Freddie Mac report said.
Millennials are among the generational segments that have locked in on low mortgage rates, but life circumstances are more likely to pressure this group to unlock low rates to move, a recent Freddie Mac report said.
Iconic American brand closing its last remaining US factory
The iconic American brand is closing its last remaining manufacturing plant in the South Carolina this fall, which will result in more than 100 employees losing their jobs.
The iconic American brand is closing its last remaining manufacturing plant in the South Carolina this fall, which will result in more than 100 employees losing their jobs.
These are the industries with the happiest hourly workers, according to survey
Many hourly employees report feeling happy in their daily grind – depending on what kind of shift work they do and even where they live.
Many hourly employees report feeling happy in their daily grind – depending on what kind of shift work they do and even where they live.
Mortgage rates on the decline while applications rise: Freddie Mac
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.
Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates
New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.
New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.
Inflation levels remain unchanged in May, brings 2 percent target into focus
Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.
Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.
Inflation levels remain unchanged in May, brings 2 percent target into focus
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
50 percent of Americans saving for college don't know about a 529 savings plan: survey
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Buy now, pay later products to be treated like credit cards, CFPB says
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
Chick-fil-A location's summer camp for kids draws criticism, sparks debate
Facebook users sound off about Louisiana-based Chick-fil-A camp as some defend it.
Facebook users sound off about Louisiana-based Chick-fil-A camp as some defend it.
These US cities have the biggest inflation problems, study finds
High inflation continues to impact the economy, and these cities are feeling it the most.
High inflation continues to impact the economy, and these cities are feeling it the most.