US Postal Service records whopping $6.5 billion net loss for 2023

The U.S. Postal Service has posted a $6.5 billion net loss for fiscal year 2023 with operating revenue falling by $321 million.

Record number of Americans moving to disaster prone areas

Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.

Credit card balances grow $48 billion in the third quarter: NY Fed

Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to the New York Fed.

Chipotle founder opening robot-powered, meat-free restaurants

Each store will be manned by 3 people who will team up with robots to make meat-free burgers, faux chicken sandwiches, salads and acai bowls.

Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.

Gas prices’ steady decline might gain momentum as holidays approach: AAA

Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.

Planet Fitness considers raising its $10 membership fee

The fitness chain’s interim CEO discussed a potential price hike on memberships, a move the company has not made in years.

Retirement crisis: Great Recession takes its toll on younger Boomers

The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.

Auto loans much more expensive for drivers with bad credit: report

Borrowers are spending more to finance car purchases across the board, but poor credit ratings can drive the cost up by up to $12,000, a recent report by Jerry said.

Google faces 2nd antitrust trial, accused of monopolistic practices in play store

Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.

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.

Child care costs are highest in these cities, data reveals

Child care costs in the United States have risen over 30% since 2019, new data by Bank of America shows.