Business

The explosion of “Buy Now, Pay Later” services has set off alarms that consumers are desperate, rushing into the largely unregulated installment loans after running out of mainstream credit options. While that’s the case for…

On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run. On its face, Target’s announcement…

Southwest Airlines and its pilots’ union have reached a new preliminary labor agreement, ending months of tense negotiations and becoming the last of the largest U.S. airlines to strike a deal that is set to give…

Approximately 13 tons of TGI Fridays-branded chicken sold at major U.S. grocery stores is being recalled after consumers complained of finding pieces of plastic in the product. The U.S. Department of Agriculture said Friday that…

Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed. The recall covers 2020 through 2022 model year…

The Internal Revenue Service announced Tuesday that some tax filers who faced late-pay penalties for tax years 2020 and 2021 will have those penalties waived. The waiver will apply to filers with assessed tax bills of…

Social Security recipients and others on fixed incomes will soon see a slight increase in their monthly benefit checks from the U.S. government. Starting in January, the estimated average monthly retirement benefit will increase by…

Processing times for U.S. passport applications have returned to pre-pandemic levels, the State Department announced Monday. Routine passport applications are currently processed within six to eight weeks, while expedited service, which costs an additional $60,…

BP has become the latest firm to pause travel through the Suez Canal following a series of attacks on vessels by Houthi militants from Yemen. In a statement Monday, the oil major said the safety of its workers…

The Census Bureau says U.S. companies broke ground on a surprisingly high number of houses in November. The agency says housing starts rose 9% from a year ago, primarily because of an 18% increase in…