Peloton cutting over 700 jobs, raising prices on Bike+, Tread
The fitness giant will also reduce its North American retail footprint and eliminate its final mile distribution network.
The fitness giant will also reduce its North American retail footprint and eliminate its final mile distribution network.
Elon Musk sells $7B in Tesla shares ahead of Twitter fight
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.
Inflation and recession risk mean buy now, pay later isn't going anywhere: report
Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.
Consumers are continuing to use buy now, pay later to make purchases, even as recession risk grows, according to a new report.
Biden signs bill to boost US chip manufacturing to better compete with China
Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.
Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.
US service members eligible for PSLF are short on time to apply under new rules, CFPB warns
Service members could potentially have thousands of dollars in federal student debt forgiven if they apply to have these loans credited under the Public Service Loan Forgiveness (PSLF) program before the October deadline.
Service members could potentially have thousands of dollars in federal student debt forgiven if they apply to have these loans credited under the Public Service Loan Forgiveness (PSLF) program before the October deadline.
Toys R Us reopens in 9 states, more locations 'coming soon'
All Toys R Us locations across the U.S. will be complete in time for holiday shopping season.
All Toys R Us locations across the U.S. will be complete in time for holiday shopping season.
Job growth surged in July, recovering all employment lost during pandemic
The employment report from July showed job gains were significantly higher than economists expected.
The employment report from July showed job gains were significantly higher than economists expected.
Massachusetts brewery forced to cut jobs due to CO2 shortage: 'Huge threat to our business'
Auto fuel is not the only gas in short supply.
Auto fuel is not the only gas in short supply.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Older Americans more concerned with inflation, cut back on spending: report
Older Americans are concerned with inflation and cutting back on spending, a new report claims. Here are a few ways you could save.
Older Americans are concerned with inflation and cutting back on spending, a new report claims. Here are a few ways you could save.
Walmart announces layoffs amid lower profit forecasts
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
Today’s mortgage rates: Look to shorter terms for greater interest savings | August 3, 2022
Check out the mortgage rates for August 3, 2022, which are up from yesterday.
Check out the mortgage rates for August 3, 2022, which are up from yesterday.
This is how much home prices grew in the second quarter
Home prices surged in the second quarter, nearing a record high, according to Fannie Mae. Here's how homeowners can tap into their home's value.
Home prices surged in the second quarter, nearing a record high, according to Fannie Mae. Here's how homeowners can tap into their home's value.
Democratic lawmakers urge Biden to extend student loan payment pause
Lawmakers have urged the Biden administration to extend the current student loan payment pause past the end of August.
Lawmakers have urged the Biden administration to extend the current student loan payment pause past the end of August.
New crypto oversight legislation arrives as industry shakes
Crypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.
Crypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.
Minnesota company develops key component for the James Webb Space Telescope
Sheldahl, a company based out of Northfield, Minnesota, has a decades-long history of developing flexible materials for space. Most recently, it designed and manufactured a key component of the James Webb Space Telescope.
Sheldahl, a company based out of Northfield, Minnesota, has a decades-long history of developing flexible materials for space. Most recently, it designed and manufactured a key component of the James Webb Space Telescope.
BP earnings triple to $8.5 billion as prices soared during Russia-Ukraine war
The good news for the London-based BP was bad news for consumers, as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world.
The good news for the London-based BP was bad news for consumers, as soaring energy prices contribute to the cost-of-living crisis in Britain and around the world.
Minneapolis' West Bank businesses beginning to see resurgence
An immigrant community in the heart of the Cedar-Riverside neighborhood in Minneapolis is home to dozens of small businesses. More than two years since the start of the pandemic and the death of George Floyd, the boards are beginning to come down for most.
An immigrant community in the heart of the Cedar-Riverside neighborhood in Minneapolis is home to dozens of small businesses. More than two years since the start of the pandemic and the death of George Floyd, the boards are beginning to come down for most.
Minneapolis' West Bank businesses beginning to see resurgence
An immigrant community in the heart of the Cedar-Riverside neighborhood in Minneapolis is home to dozens of small businesses. More than two years since the start of the pandemic and the death of George Floyd, the boards are beginning to come down for most.
An immigrant community in the heart of the Cedar-Riverside neighborhood in Minneapolis is home to dozens of small businesses. More than two years since the start of the pandemic and the death of George Floyd, the boards are beginning to come down for most.
Personal loan interest rates tick up: Still lower than this time last year
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.