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Business

News related to money, including business and finance.

Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics

Gen Z attitude toward 9-to-5 job sparking debate about the difference in generational work ethics

Research shows Gen Z has different priorities when it comes to their workday. But, experts argue it's less about their willingness to work and more about their approach to work.

November 21, 2023 9:11am PST
OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns

OpenAI's employees revolt, threaten to quit unless board reinstates Sam Altman and resigns

More than 500 of the artificial intelligence company's roughly 770 workers signed a letter, threatening to follow Sam Altman to Microsoft unless their demands are met.

November 21, 2023 5:07am PST
Amazon warns employees: No promotions without following in-office mandate

Amazon warns employees: No promotions without following in-office mandate

Amazon employees who don’t abide by the company’s return-to-office mandate could jeopardize their pursuit of promotions.

November 18, 2023 11:57am PST
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac

Mortgage rates dip further and could be the break homebuyers need: Freddie Mac

The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.

November 17, 2023 9:02am PST
West Hollywood staple The Abbey announces ownership change

West Hollywood staple The Abbey announces ownership change

The owner of The Abbey Food & Bar and The Chapel agreed to sell the West Hollywood staple to the next generation.

November 15, 2023 1:38pm PST
Record number of Americans moving to disaster prone areas

Record number of Americans moving to disaster prone areas

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

November 14, 2023 1:07pm PST
Credit card balances grow $48 billion in the third quarter: NY Fed

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.

November 14, 2023 12:53pm PST
Homebuying to remain slow through 2023: agent survey

Homebuying to remain slow through 2023: agent survey

High mortgage rates and home prices may keep homebuyers on the sidelines through 2023, a survey found. But you can still find the best mortgage rate by comparing your options.

November 13, 2023 10:37am PST
Alarming number of Americans fall deeper into credit card debt each month: survey

Alarming number of Americans fall deeper into credit card debt each month: survey

Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.

November 13, 2023 10:26am PST
Chipotle founder opening robot-powered, meat-free restaurants

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.

November 12, 2023 7:26am PST
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs

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.

November 10, 2023 12:48pm PST
Gas prices’ steady decline might gain momentum as holidays approach: AAA

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.

November 10, 2023 12:32pm PST
Planet Fitness considers raising its $10 membership fee

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.

November 10, 2023 8:08am PST
Man crushed to death by industrial robot that confused him for a box: police

Man crushed to death by industrial robot that confused him for a box: police

The victim, a worker in his 40s, was inspecting the robot's sensor at a vegetable-packaging plant this week when the incident took place.

November 10, 2023 3:49am PST
Back-to-office mandates are pushing some Americans to sell homes at a loss

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.

November 6, 2023 2:00pm PST
Child care costs are highest in these cities, data reveals

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.

November 2, 2023 11:14am PDT
Six Flags, Knott's Berry Farm theme parks to merge

Six Flags, Knott's Berry Farm theme parks to merge

Cedar Fair and Six Flags are merging to create an expansive amusement park operator with operations spread across 17 U.S. states and three countries.

November 2, 2023 10:30am PDT
A quarter of student loan borrowers said they'd boycott repayment

A quarter of student loan borrowers said they'd boycott repayment

25% of Americans said they’ll boycott student loan payments after the pause. But defaulting on student loans can be severe even with Biden’s student loan safety net programs.

October 31, 2023 12:11pm PDT
Legendary Laker Earvin ‘Magic’ Johnson is now a billionaire, Forbes reports

Legendary Laker Earvin ‘Magic’ Johnson is now a billionaire, Forbes reports

Earvin “Magic" Johnson is equally iconic in the world of business as he is in the world of sports.

October 31, 2023 5:58am PDT
GDP surges past expectations in Q3, recession less likely

GDP surges past expectations in Q3, recession less likely

An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.

October 27, 2023 11:41am PDT
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Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

Stimulus payment December 2025, IRS direct deposit relief payment & tariff dividend fact check

Baby born in a Waymo in San Francisco, autonomous vehicle company says

Baby born in a Waymo in San Francisco, autonomous vehicle company says

Dept. of Education reaches deal to end SAVE plan: What this means for student loan borrowers

Dept. of Education reaches deal to end SAVE plan: What this means for student loan borrowers

Immigration officer sexually assaulted, robbed women in Chicago suburbs, feds say

CPB officer sexually assaulted, robbed women in suburbs: feds

Stockton birthday party shooting: Sheriff addresses whether this was gang related

Sheriff addresses whether Stockton birthday party shooting was gang related

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These new California laws go into effect in 2026

These new California laws go into effect in 2026

Howard's Appliances unexpectedly closes all stores amid holiday shopping season

Howard's Appliances unexpectedly closes all stores amid holiday shopping season

Anti-semitic tirade caught on video at Burbank post office

Anti-semitic tirade caught on video at Burbank post office

Alhambra police officer Alec Sanders laid to rest

Alhambra police officer Alec Sanders laid to rest

Encampment threatens West LA business as city makes new push to fight homelessness

Encampment threatens West LA business as city makes new push to fight homelessness

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