Volkswagen CEO says automaker weighing 50,000 additional job cuts
Volkswagen’s leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an...
Category : Business
More Americans are relying on credit cards to buy groceries, new study finds
American families are increasingly being pushed past their financial limits at the grocery checkout counter, turning to credit card debt just to keep food on...
MagSafe battery chargers recalled after reports of fires, burn injuries
More than 1,000 MagSafe battery chargers have been recalled over burn risks following reports of the power banks catching fire and causing burn injuries. Flaunt is...
Delta CEO Ed Bastian says airline fares will stay elevated even if jet fuel prices fall
Delta Air Lines sees higher fares staying in place for consumers amid higher costs for fuel and other expenses, even if oil prices return to...
Consumers shouldn’t expect prices to fall anytime soon, top economist warns
American consumers hoping for a swift end to years of inflationary pressures are facing a harsh reality check. While recent relief at the gas pump...
California city pushes for drive-thru ban after neighbors sounded alarm over burger chain’s proposed addition
A California city is weighing a ban on drive-throughs after some residents expressed concern that a proposed In-N-Out could hurt air quality, worsen traffic and...
Mortgage rates tick slightly higher but remain near 6.5%
Mortgage rates moved slightly higher this week but have remained relatively steady in recent weeks, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest...
PetSmart’s only San Francisco store set to close as online shopping and same-day delivery reshape pet retail
San Francisco pet owners are set to lose access to one of the pet care industry’s biggest brands with the upcoming closure of the city’s...
Costco makes payment change that could speed up checkout for members
Costco rolled out a new change to its payment system, allowing customers to use their phones to make checkout times faster. The warehouse club has...
Fed policymakers’ inflation worries weighed on rate cut outlook at Warsh’s first meeting
Federal Reserve policymakers are increasingly concerned about inflation, and the uncertainty about the direction it may take was reflected in the minutes of the Fed’s...