Business

The U.S. Department of Education plans to fix an error in how financial aid will be calculated for students starting their post-secondary education next year. However, financial aid experts say implementing the fix to the…

EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equal to about 1,000 full-time jobs, as the tech industry continues to downsize to start 2024. The stock rose more than 3%…

U.S. regulators have barred TurboTax maker Intuit Inc. from advertising its services as ‘free’ unless they are free for all customers, or if eligibility is clearly disclosed. In an opinion and final order issued Monday, the Federal…

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program ‘Raw’ starting next year, in Netflix’s first major foray into live sports. The 10-year deal is valued at more than $5…

Workers at America’s largest private employer will soon be getting raises. Walmart announced last week that the average salary for store managers will go from $117,000 to $128,000 a year — a 9.4% increase. They…

The CEO of Alaska Airlines said new, in-house inspections of the carrier’s Boeing 737 Max 9 planes in the wake of a near-disaster earlier this month revealed that “many” of the aircraft were found to…

Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units, according to the National Association of Realtors. Sales were 6.2% lower than in…

Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy department store moves to trim costs and turn around slowing sales. The move will affect approximately…

American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some had come to call a ‘vibes-cession,’ where, despite decades-low unemployment and falling inflation,…

Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers of management and reduce costs, it announced Friday.  The company plans to lay…