Container Store plans layoffs, sales expected to decline further despite Bed Bath & Beyond closures

Even with rival Bed Bath and Beyond closing its doors, The Container Store expects a sales…

Manchester United stock jumps on improved Sheikh Jassim offer

Sheikh Jassim Bin Hamad Al Thani is locked in a takeover battle with British billionaire Sir…

Tesla’s Elon Musk expects ‘a year of difficulty’ for the global economy

Tesla Inc. Chief Executive Elon Musk said late Tuesday he foresees "a year of difficulty" for…

Uber and Lyft drivers in Washington state gain access to unemployment and paid leave under newly signed law

Tens of thousands of ride-hailing drivers in Washington state will be the first in the nation…

NYSE suspends shares of radio-station owner Audacy due to low price

Audacy shares were down 13% to 9 cents before a mid-afternoon trading halt for pending news.

IRS explores offering a free tax-filing service. What could go wrong?

The IRS is examining if it can pull off a free, online tax-preparation service.

Credit-card debt failed to decline in first quarter — for first time in over 20 years, New York Fed says

Credit-card debt failed to drop in the first quarter for the first time in more than…

14 million mortgages were refinanced during ‘pandemic boom.’ That makes life very difficult for home buyers.

Low interest rates during the pandemic led to a refinance boom among homeowners, according to the…

Horizon shares sink on report that FTC will sue to block takeover by Amgen

Shares of Horizon Therapeutics Inc. plunged 15% in extended trading Monday after Bloomberg News reported the…

RBA Remains Vigilant to Resurgence in Inflation

The Reserve Bank of Australia remains vigilant to the risk of a resurgence in inflation, warning…

Ex-CEO of Silicon Valley Bank says no bank could have survived a run ‘of that velocity and magnitude’

The former chief executive of Silicon Valley Bank plans to tell lawmakers Tuesday he did the…

China’s central bank keeps key policy rates unchanged

China's central bank kept its key policy rates unchanged Monday as the nation's banks started to…