Red Lobster reportedly closing dozens of US restaurants: See the closure list

Red Lobster has closed at least 48 locations across the U.S. as the seafood restaurant chain faces financial trouble, according to a restaurant liquidator who is holding an online auction.

Snoop Dogg's 'Gin & Juice' drink brand to sponsor college football bowl game

The Snoop Dogg Arizona Bowl Presented by Gin & Juice By Dre and Snoop will be played at Arizona Stadium in Tucson on Dec. 28. It's expected to feature teams from the Mountain West Conference and Mid-American Conference.

What is ‘ghost debt’? Buy now, pay later plans more popular than ever

A new form of debt looping a lot of Americans is being referred to as “ghost debt” or “phantom debt” – stemming from the popular buy now, pay later apps.

US regulators investigate credit card rewards 'bait and switch' schemes

U.S. authorities have already taken action against American Express and Bank of America in a "bait and switch" credit card rewards investigation.

More Americans to qualify for Social Security under new SNAP rule

The Social Security Administration has expanded the definition of a public assistance household to include SNAP recipients, broadening eligibility and potentially increasing benefits for more Americans.

Social Security fund gains extra year of solvency – benefits will begin to be reduced in 2035

Social Security trust funds will not run out of money until 2035, at which point Seniors can expect their benefits to be reduced by 17% unless Congress takes steps to shore up the program.

Microsoft closes four Bethesda gaming studios, including Arkane Austin

The closures of four Bethesda and ZeniMax game studios were announced in an internal email from Matt Booty, president of Game Content and Studios.

Mortgage rates push higher with no relief in sight: Freddie Mac

The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.

Art Institutes borrowers to get student debt cancellation, Biden says

The president and Education Secretary Miguel Cardona described the Art Institutes as "predatory" and said the new handouts would help students who were victims of their actions.

What do higher-for-longer interest rates mean for your money?

Americans will be forced to adapt to a new normal where savers benefit from higher rates, but borrowers face steeper debt payments on everything from credit cards to mortgages to student loans.

Consumers see higher auto payments in exchange for better borrowing rates

Car loan terms have shortened as buyers with better credit seek cheaper rates for higher monthly payments, a recent Experian report said.