Spirit Airlines files for bankruptcy

Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday.

Credit card debt surges to another record high, New York Fed data shows

Americans' debt balances grew across the board, but Fed researchers voiced 'concerning' growth in auto and credit card delinquencies.

Advance Auto Parts closing over 700 locations following sluggish performance

Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

Inland Empire teen makes history after scoring NIL deal with adidas

Southern California teen Kaleena Smith became the first women's basketball student-athlete to sign an NIL deal with adidas.

Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.

CVS workers ratify new contract

The deal includes higher pay, better health benefits and more.

Nissan to cut 9K jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'

Nissan President and CEO Makoto Uchida volunteered to immediately begin forfeiting half of his monthly compensation, and other executive committee members also volunteered to take pay cuts.

Wendy's closing 140 more restaurants, but will open other locations

The Ohio-based burger chain plans to open more than 200 restaurants this year to offset the closings of the other locations.

New rules could make it easier to switch banks

A new banking rule would make it easier to switch banks or lenders, but it’s already facing pushback from the financial industry.

Inflation gauge falls to lowest level in 3 1/2 years

Inflation has improved over the past two years after supply chains recovered from disruptions from the pandemic and the Federal Reserve raised its key interest rate.