Volkswagen sees sales decline in China, pledges recovery this year
Volkswagen sold 14.5% fewer vehicles in China, the world’s largest car market. Chinese auto rivals are developing new electric and hybrid vehicles at competitive prices and competing with foreign brands.
70% of Americans plan to retire, but 42% lack savings: Study
According to the survey, over half of respondents said they do not have a 401K or have or know what an IRA is.
Airbnb renews push for renting single rooms costing average of $67 per night
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
United planning to hire 15K workers ahead of expected summer travel surge
The hiring sign is out at United Airlines. The airline said Wednesday that it plans to add 15,000 workers this year, and hired 7,000 in just the past four months.
How the latest Fed interest rate hike could impact credit card debt, auto loans
The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans.
Feds raise key interest rate to highest level in 16 years
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
Here’s why consumers' credit scores got a boost in March: Report
Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit
Today's biggest mortgage rate decrease? 30-year terms plummet | May 3, 2023
Check out the mortgage rates for May 3, 2023, which are trending down from yesterday.
Inflation drives Manuel's Tavern owner to ‘hit the nuclear button’ on menu
“We have been eating those cost for so long, and now it was clear that we couldn’t eat them any longer,” the Manuel's Tavern owner Brian Maloof told FOX 5.
Today's mortgage rates are rising, but 15-year terms are below 6 percent | May 2, 2023
Check out the mortgage rates for May 2, 2023, which are trending up from yesterday.
Bank deposits fell by more than $76 billion
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Biden asks student loan companies to prepare for end to payment pause
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
Today's best mortgage deal? Back to 15-year terms | May 1, 2023
Check out the mortgage rates for May 1, 2023, which are mixed from Friday.
Georgia begins issuing second year of income tax refunds
Georgia Gov. Brian Kemp announced Monday that the first of a projected $1 billion of state income tax refunds have been issued.
First Republic Bank seized by regulators, sold to JPMorgan Chase
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
Manuel's Tavern raises prices to compete with inflation
"It is not about padding our pockets, but ensuring our future survival," the tavern's owner said in an open letter posted online.
Several explosives seized after pipe bomb used to rob ATM in DeKalb County
Police say they seized several improvised explosives during the arrest.
Former Apple employee ordered to serve jail time, pay restitution for fleecing the company
Dhirendra Prasad’s sentencing for two charges — conspiracy to commit mail fraud and wire fraud and conspiracy to defraud the U.S. — stemmed from an alleged plot that lost Apple over $17 million.
Zimbabwe launching a gold-backed digital currency
The digital push is an effort to stem the hyperinflation of the Zimbabwean dollar.
New home listings plunge over 22% in April, Redfin says
The drop in home listings this month was one of the biggest declines since the pandemic gripped the world in 2020, according to a new Redfin report.