Credit card debt hits a new record while delinquencies also rise
Credit card debt smashed another record at the end of September as American consumers continued to rely on their cards to pay for everyday necessities.
Uber bets on holiday travel demand to forecast strong fourth quarter
San Francisco-based ride-hailing company Uber Technologies on Tuesday forecast fourth-quarter gross bookings and adjusted core profit above market expectations.
401(k) hardship withdrawals are surging as high inflation squeezes Americans
More Americans are making hardship withdrawals from their 401(k) retirement plans to cover emergency expenses as they struggle with chronic inflation.
Some holiday shoppers are buying for themselves instead of gift-giving
A new survey suggests retailers could see some consumers make purchases for themselves that they won’t use for gift-giving while participating in two popular holiday shopping days.
Microsoft's Xbox developing generative AI tools for game creators
Microsoft-owned Xbox announced it has entered a multiyear partnership with Inworld AI to build artificial intelligence-powered tools for game developers.
US accounting giant to lay off more of its workforce
Grant Thornton LLP, one of the largest accounting firms in the United States, will lay off 200 employees over recession fears. The latest round follows 300 this summer.
Credit card debt set to hit a fresh record
New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.
OpenAI unveils customized AI bots; offers cheaper, more powerful models
OpenAI's ChatGPT users can now build customized bots to handle specific tasks, the artificial intelligence lab said at its first developer conference on Monday.
Back-to-office mandates are pushing some Americans to sell homes at a loss
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
NYC's downtown recovery post-COVID ranked among worst in US: study
New York City's business districts, Midtown and Lower Manhattan, are still struggling to recover post-pandemic and the Big Apple's downtown recovery rate is among the worst in the U.S.
This week's personal loan rates lower for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today's mortgage rates fall for 15- and 30-year terms
Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.
Bumble CEO Whitney Wolfe Herd steps down
Bumble Inc.’s Whitney Wolfe Herd is stepping down as the company's chief executive officer of the female-focused dating app company she founded nearly a decade ago.
People ‘expect too much’ from Magnificent Seven stocks: Sylvia Jablonski
Defiance ETFs CEO and CIO Sylvia Jablonski reacts to S&P 500 and NASDAQ having the best week in a year and Apple sales tumbling for the fourth consecutive quarter on ‘Making Money.’
What's ahead for Sam Bankman-Fried?
Sam Bankman-Fried's conviction on fraud and conspiracy charges means the FTX founder faces a long time behind bars. A former U.S. attorney weighs in on the fallen crypto king's future.
Dallas woman joins dozens across the nation in sex assault lawsuit against Uber
A Dallas woman is one of nearly two dozen women nationwide alleging sexual assault by Uber drivers.
Elon Musk's chatbot modeled after sci-fi cult series claims one key difference from others
Billionaire Elon Musk's artificial intelligence startup xAI announced the launch of its Grok AI assistant, which is in a beta phase and will be incorporated into X for premium subscribers.
Sam Bankman-Fried's trial and verdict in pictures
The trial of FTX founder Sam Bankman-Fried shed light on the complex world of cryptocurrencies as well as layering in the celebrities that got caught up in SBF's web.
'Mika' becomes world's first AI human-like robot CEO
One Polish drinks company is taking a futuristic approach to its business strategy by appointing the world's first A.I.-powered robot CEO.
Target makes low-cost Thanksgiving meal an option for customers
Retail giant Target has put together a deal to help shoppers prepare a low-cost Thanksgiving meal and began offering it to customers Nov. 1.