Negotiations break down between UPS, Teamsters Union, future uncertain

After a marathon overnight session, negotiations have reportedly collapsed between Sandy Springs-based United Parcel Service and the Teamsters Union which represents nearly 340,000 employees.

What is Threads? Meta's new app that's taking on Twitter

Threads is billed as a “text-based conversation app" that is linked to Instagram, with the listing teasing a Twitter-like microblogging experience.

Walgreens expects to close 150 US stores, CFO says

The store closings are expected to happen by 2024 in a cost-saving effort by the company.

Recession expected by end of 2023: Fannie Mae

A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.

Record number of Americans expected to travel this 4th of July: AAA

More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.

Apple is now the first publicly traded company valued at $3 trillion

Apple is now the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits.

Supreme Court strikes down Biden's student loan forgiveness plan – what's next?

The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.

'Job-leaving agents' help people escape awkwardness of quitting in Japan

In Japan, a nation known for loyalty to companies, people who job-hop are often viewed as quitters -- which is considered shameful. Enter “taishoku daiko," or “job-leaving agents."

Online retailer Overstock to rebrand itself as Bed Bath & Beyond

The online retailer Overstock is dumping its name. Here's how Bed Bath & Beyond will live on for consumers in the U.S. and Canada.

Borrowers may see credit scores change once federal student loan payments resume

Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.

Caution: boomerang kids could be bad for parents' financial health, survey says

Forty-one percent of parents said they have a so-called boomerang child currently living at home with them, according to a recent survey by asset manager Thrivent.

Yamaha will stop making snowmobiles after 50+ years

The company announced Wednesday, "it will be difficult to continue a sustainable business in the snowmobile market."

Here's where homes face the biggest risk for natural disaster

Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.

Costco cracks down on its membership sharing polices

The retailer revealed it will tighten its membership polices in response to its self-service checkout expansion.