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CFPB sues America's largest banks for 'allowing fraud to fester' on Zelle

Bank of America, JPMorgan and Wells Fargo are accused of implementing "shoddy safeguards" on the electronic payments platform, which have cost Americans.
Zelle Application As Banks Plan Online-Shopping Wallet
Zelle Application As Banks Plan Online-Shopping Wallet

Party City to close all of its stores, report says

Competition in the party goods and costume space has grown in recent years, including Spirit Halloween’s continued rise within and outside of the spooky season.
Image: Party City
Image: Party City
1d ago

From Nike to Intel, CEO departures at U.S. companies hit a record this year

Turnover included CEOs at U.S. companies that have long dominated their industries — like Boeing and Starbucks.
Pat Gelsinger
Pat Gelsinger

OpenAI is done with Shipmas and staring down daunting challenges for 2025

Most notably, there’s co-founder Elon Musk, who now runs rival startup xAI, and is in the midst of a heated legal battle with OpenAI CEO Sam Altman.
OpenAI CEO Sam Altman, during an event in Seoul, South Korea
OpenAI CEO Sam Altman, during an event in Seoul, South Korea
1d ago

Key Fed inflation measure shows 2.4% rate in November, lower than expected

The personal consumption expenditures price index, the Fed’s preferred inflation gauge, showed an increase of just 0.1% from October.
Some Food Items See Rise In Prices Again As Fed Set To Make Next Interest Rate Announcement
Some Food Items See Rise In Prices Again As Fed Set To Make Next Interest Rate Announcement
1d ago

Nuna Baby Essentials recalls more than 600,000 RAVA car seats due to harness issue

Nuna will provide owners with a free kit to remedy the problem, which is related to the possibility of debris causing the harness to be too loose.
Nuna Rava Car Seat
Nuna Rava Car Seat
1d ago

Tesla recalls nearly 700,000 vehicles over tire pressure light issue

The recall involves certain 2024 Cybertruck, 2017-2025 Model 3 and 2020-2025 Model Y vehicles.
Tesla Cybertruck
Tesla Cybertruck
1d ago

How a government shutdown could affect Social Security payments

A shutdown could happen this weekend if a new funding bill isn’t passed and signed. Here’s how a shutdown would affect Social Security and other programs.
A view of a Social Security Administration building in Flushing, Queens in New York.
A view of a Social Security Administration building in Flushing, Queens in New York.

Trump transfers all his DJT shares to his revocable trust, SEC filings show

President-elect Donald Trump didn't receive any money for the gift of the 114,750,000 shares to the Donald J. Trump Revocable Trust on Tuesday, according to an SEC filing.
Donald Trump speaks during a campaign rally
Donald Trump speaks during a campaign rally

NBC News is measuring how hard it is to buy a home right now

Home prices, interest rates, availability and more factor into our new metric, updated monthly, that gauges how difficult it is to buy a home where you live.

Big Lots initiates going-out-of-business sales at remaining locations

A previously announced deal to sell itself to a private equity group fell through.
Big Lots Furniture Store.
Big Lots Furniture Store.

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