BUSINESS
Revenue From 'Buy Now, Pay Later' Plans Rose 21 Percent on Cyber Monday Compared to 2020
One major credit card company said that about six of every 10 of its customers in the U.S. began a buy now, pay later plan for the first time this year.
Phoenix Hottest Market in U.S., September Numbers Show as Home Prices Continue Rising
"Housing prices continued to show remarkable strength in September, though the pace of price increases declined slightly," said Craig Lazzara of S&P Dow Jones.
Charities Struggling to Grant Kids' Christmas Wishes Amid Supply Chain Squeeze
"Our biggest fear is we're not going to get the quality of gifts that we want, or we're not going to have enough in general," Kristyn Begari said.
Woman Awarded $2.1M After Walmart Demands $200 Settlement Over Dismissed Shoplifting Case
Lesleigh Nurse accused the retailer of sending a series of threatening emails demanding the settlement.
Avoiding Cyber Monday, Giving Tuesday Online Scams
Some scammers have used advertisements for holiday-themed advent calendars to dupe shoppers, the Better Business Bureau warned.
9 Black Friday Tips From Jean Chatzky and The NRF On How to Get The Best Deals and Offers
Get the most out of Black Friday with these top shopping tips, from price tracking to setting a budget and more.
FedEx Investigates After Hundreds of Packages Found in Alabama Ravine
FedEx has struggled with hiring workers and rerouting packages to ensure timely delivery during the busy holiday season.
Large Ice Cream Manufacturer Faces Boycotts for Raising Wage of Vaccinated Workers
Chapman's Ice Cream Company is offering a $1-per-hour raise for employees that get vaccinated by the end of the month.
Do We Get Paid Early for Thanksgiving? How the Federal Holiday Affects Your Paycheck
Many banks, including the Federal Reserve, are closed on federal holidays. Does this mean workers get paid early for Thanksgiving?
New U.S. Unemployment Claims at Lowest Number Since 1969, Now Less Than 200K
The shift could signal that the U.S. job market is bouncing back from when the COVID-19 pandemic slammed the economy last year and many people lost work.
Boeing Had No Board Committee on Safety, Contributing to Deadly MAX Crashes, Author Says
"Boeing used to be a company ruled by engineers, but the chief engineer on the MAX reported to a business unit manager. When engineers at Boeing sought more sophisticated flight controls that might have prevented the tragedies, they were turned down."
Boeing Missteps on 737 MAX Went Beyond Deadly Crashes That Killed 346, new Book Reveals
"To the families involved in planning the event, it began to feel like a commemoration of the BP oil spill stage-managed by BP."
Best Buy Says Theft is a Reason for Profit Decline as Organized Robberies Increase in U.S.
Retailers have seen an increased amount of thefts, with several smash-and-grabs just in the past week. Companies like Best Buy say it's affecting their profits.
DOJ Sues to Stop U.S. Sugar From Buying Rival, Cites 'Already Cozy Sugar Industry'
The Justice Department filed a lawsuit to stop U.S. Sugar from acquiring one of its biggest competitors, an example of recent antitrust crackdowns.
Kellogg's Will Permanently Replace Some Striking Workers as Negotiations Break Down Again
Kellogg's workers have been hitting the picket lines since October 5 to demand changes to a wage system which results in lower pay for newer employees.
Mexico Sues U.S. Gunmakers, Says Trafficked Weapons Linked to 17,000 Homicides
The Mexican government sued a host of U.S. gun manufacturers, saying 70 percent of weapons trafficked into the country have come from the U.S.
FAA Issues Over $161K in Fines to 8 Airline Passengers, Largest One Over $40K
Most of the 5,000-plus incidents of rowdy passengers reported to the FAA were mask-related, with nearly 300 involving intoxicated passengers.
St. Louis, Omaha Newspapers Among Those Eyed for Purchase by Alden Capital Hedge Fund
Alden Global Capital, one of the country's largest newspaper owners known for cutting costs, has offered to buy local newspaper chain Lee Enterprises.
U.S. Median Home Price Climbs Again to $359K, Midwest Sees Highest Growth in Sales
"It looks like the housing market is remaining strong, resilient and one may even say, [had] something like a mini-surge...," the NAR's chief economist said.
Target Closing Stores on Thanksgiving Permanently, Extending Practice Started Amid COVID
Many retailers saw strong sales last year after being forced to rethink the traditional kickoff to the holiday shopping season by offering extended sale events.
The Secret Is, 'Everybody Gets Rich Except the People Who Put Money In'
How hedge funds and private equity firms exploit workers' retirement savings.
NYC Wants to Ban Employers From Using Automated Hiring Tools to Curb Discrimination
"I believe this technology is incredibly positive, but it can produce a lot of harms if there isn't more transparency," Pymetrics CEO Frida Polli said.