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Economy

  • Economy

    Capital One acknowledges ‘outage’ as users report issues accessing deposits

    by January 16, 2025
    by January 16, 2025

    Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits.…

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  • Economy

    Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

    by January 16, 2025
    by January 16, 2025

    This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt…

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  • Economy

    Citibank customers report fraud alerts and account access issues

    by January 16, 2025
    by January 16, 2025

    Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports…

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  • Economy

    JPMorgan Chase posts record profit as the bank’s massive scale pays off

    by January 16, 2025
    by January 16, 2025

    JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most…

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  • Economy

    Disney wins the 2024 box office as year-end receipts offer a welcome boost

    by January 16, 2025
    by January 16, 2025

    Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales…

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  • Economy

    There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

    by January 15, 2025
    by January 15, 2025

    The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an…

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  • Economy

    Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    by January 15, 2025
    by January 15, 2025

    Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed…

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  • Economy

    USDA documented insects and slime at Boar’s Head plants, records show

    by January 15, 2025
    by January 15, 2025

    Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year…

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  • Economy

    Southwest Airlines pauses corporate hiring, most summer internships to cut costs

    by January 15, 2025
    by January 15, 2025

    Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events…

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  • Economy

    Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

    by January 14, 2025
    by January 14, 2025

    Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with…

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