Peloton to offer rear safety guard for recalled Tread+ treadmill

Owners of Peloton’s Tread+ were told to stop using the product after a 2021 recall linked to a child’s death and other injuries.

Demand for used cars likely to grow as consumer seek affordability: Edmunds

Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.

Wendy's to test underground robot delivery for mobile orders

Instead of requiring employees to bring out mobile food orders, the robotic system is designed to transport the orders underground "in seconds," the fast food chain said.

Target CEO: Retail theft may cost company over $1.2B this year

Target said it’s seeing an increasing number of violent incidents at stores, but doesn’t want to close stores because that hurts workers and the community.

Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.

3M fires executive over inappropriate conduct weeks after promotion

3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday.

Amazon to increase delivery speed while cutting costs

Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.

Biden administration approves $42B in student loan forgiveness under updated PSLF program

The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

McDonald's found liable for hot chicken nugget that burned child's leg

The jury heard two days of testimony and arguments about the 2019 episode that left the 4-year-old girl with a burned upper thigh.

MTV News forced to close down after 36 years amid Paramount layoffs

The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.