Macy’s stock took a significant hit on Monday following the announcement that the department store chain has ended buyout discussions with Arkhouse Management and Brigade Capital Management. The decision has left investors questioning the future […]
Toyota’s U.S.-based financing arm, Toyota Motor Credit Corporation (TMCC), has been fined $60 million by the Consumer Financial Protection Bureau (CFPB) for a series of illegal practices, including preventing auto buyers from canceling unwanted add-ons […]
Costco has announced an increase in its annual membership fees for the first time since 2017. The new fees will take effect on September 1, impacting around 52 million memberships in the United States and […]
Farmers Direct Property and Casualty Insurance, a subsidiary of Farmers Insurance, has announced its decision to cease offering insurance in California. This move follows a trend of major insurers exiting the state due to increasing […]
A class action settlement involving the popular online tax preparation service, TaxAct, is currently underway. This settlement concerns users of TaxAct’s online federal tax filing service from the past two to six years, with a […]
JetBlue has announced changes to its baggage fees, introducing new perks for Blue Basic fliers. Starting September 6, 2024, Blue Basic ticket holders will be able to carry on a bag and store it in […]
Inflation cooled markedly last month, as revealed by the June Consumer Price Index (CPI) report. This development has increased the likelihood that the Federal Reserve might cut interest rates more than once before the end […]
Wells Fargo (WFC) stock experienced a notable decline of over 6% at the start of trading on Friday, despite the bank surpassing analysts’ expectations for its second-quarter earnings. The drop was primarily attributed to the […]
JP Morgan Chase (JPM) has reported second-quarter earnings that surpassed analysts’ expectations, despite a slight dip in early trading. The financial giant’s robust performance is marked by significant revenue and net income growth, alongside strategic […]
Delta Air Lines (DAL) stock experienced a decline of over 5% in early trading on Thursday. This came after the airline company met analysts’ expectations for its second quarter but provided a less optimistic outlook […]
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