Chevron to buy Hess for $53 billion as biggest US oil companies get even bigger

The Chevron-Hess deal wasn't even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.

CVS pulls popular cold medicines from store shelves

The move will impact certain common oral cough and cold products. It comes after an FDA advisory panel determined that a main active ingredient doesn't work.

Credit card delinquency rates and balances are on the rise

Credit card delinquency rates and balances increased in Q2 2023 amid a high interest-rate environment. But there are many ways to pay off debt quickly.

Costco CEO to step down from popular wholesaler after 11 years at the helm

Costco COO Ron Vachris has been tapped take over. Vachris started with the company over 40 years ago as a forklift driver and has worked his way up into management.

Social Security COLA 2024 may impact your taxes in a big way

The 2024 Social Security cost of living adjustment (COLA) increase aligns with early estimates based on inflation figures for the previous three months.

Rite Aid files for bankruptcy amid falling sales, opioid-related lawsuits

In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids.

Goodbye to more DVDs? Best Buy plans to phase out sales of physical movies in the coming months

Best Buy is saying goodbye to movie-watching with physical discs. The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early 2024 — with physical movies set to be sold in-stores and online as they are today through the holidays.

Mortgage rates headed to 8 percent territory if Fed keeps up hike pace: Freddie Mac

The average 30-year fixed-rate mortgage increased to 7.57% for the week ending Oct. 12, according to Freddie Mac's latest Primary Mortgage Market Survey.

Microsoft’s AI tool coming soon to Outlook, writing email replies for you

Microsoft 365 Copilot will become generally available for corporate customers on Nov. 1 across its programs like Word, Excel, PowerPoint, Outlook and Teams, the company said.

Chipotle plans to raise menu prices again

Chipotle is raising its prices for the fourth time in the last two years.

IRS: Microsoft may owe nearly $30 billion in back taxes

The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest.

Home insurance prices increased nearly 25 percent: Policygenius

Home insurance costs have increased due to natural disasters and inflation pressures. But there are ways to save on homeowners insurance policies.