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People aren’t boosting their savings much even as wages rise and inflation slows. Households socked away about 3.9% of their disposable income as of...
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Business
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.”...
Business
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to...
Business
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary’s leader. Andrew Witty stepped...
Business
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were sentenced to...
Business
Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for thousands of flight cancellations as the carrier struggled to recover...
Business
Federal Reserve fines Walmart-linked Green Dot Corp $44 million after customers lost access to funds
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by...
Business
A software failure in the web that makes up the global supply chain threatens to disrupt daily commerce for an indefinite period, showing how...
Business
A fault with an update issued by cybersecurity company CrowdStrike led to a cascading effect among global IT systems Friday, with industries ranging from...
Business
Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros. Discovery is considering...
Business
Ticketmaster and its parent company, Live Nation, are offering a promotion through the end of July that lets users buy four tickets for $80...
Business
Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the...
Business
This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Retirement has not been what...
Business
DETROIT — Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an...
