66% of American workers are worse off financially than a year ago due to inflation, report finds
As the cost of living keeps rising, more Americans are struggling financially. Nearly three-quarters have less in savings than last year.
Spirit shareholders approve takeover by JetBlue after long battle for discount airline
Spirit Airlines shareholders have approved a takeover by JetBlue Airways, ending a six-month battle to create the country’s fifth-largest carrier.
Millions at risk of losing health insurance if U.S. ends Covid public health emergency in January
When the public health emergency does end, HHS estimates up to 15 million people will be disenrolled from Medicare and the Children’s Health Insurance Program.
IRS: Here are the new income tax brackets for 2023
The IRS has released higher federal tax brackets and standard deductions for 2023 to adjust for inflation. Here’s what filers need to know.
Jeff Bezos is the latest to warn on the economy, saying it’s time to ‘batten down the hatches’
Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy.
Why Amazon employees near Albany were divided about joining a union
Workers who voted in favor argued employees should have greater say in company policies, while others expressed skepticism abuot joining a ‘startup’ union.
Procter & Gamble’s earnings beat as higher pricing offsets drop in volume
Shares of Procter & Gamble have fallen 21% this year, dragging its market value down to $306.4 billion.
Mortgage demand drops to a 25-year low, as interest rates climb
Demand for mortgages to buy a home and to refinance fell again, as interest rates kept rising.
Netflix’s message to shareholders: Focus on revenue and profit, not subscriber adds
Netflix will no longer forecast customer additions each quarter.
