Bitcoin approaches new all-time high after surpassing $65,000
The price of bitcoin soared past $65,000 Monday, putting it within striking distance of its all-time high reached in November 2021. The cryptocurrency has gained 48% in 2024 and is…
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Boeing is in talks to reacquire fuselage maker Spirit Aerosystems after spate of quality defects
Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out…
A year after Silicon Valley Bank failed, another regional lender flashes warning signs
Regional lender New York Community Bank finds itself in an apparently worsening predicament, just as the anniversary of last year’s banking turmoil nears. Shares of the troubled lender plunged 25% Friday to below $4 apiece…
GM expands North America recall for potentially faulty tailgates to 820,000 trucks
General Motors has expanded an earlier recall of its trucks over a faulty tailgate to include 820,000 vehicles sold in the U.S. and Canada. In a recent letter posted on…
Walmart-linked Green Dot Bank receives proposed Federal Reserve order over allegedly faulty consumer practices
Green Dot Bank, best known for partnering with Walmart to provide basic digital banking services to customers, said it has received a proposed consent order from the Federal Reserve over…
Chrysler recalling 338,000 Jeep Grand Cherokees over potentially faulty steering part
Chrysler is recalling more than 338,000 recent-model Jeep Grand Cherokees because they may have faulty steering components. In a letter posted Tuesday on the National Highway Traffic Safety Administration’s website,…
Forget a new bathroom, just fix the faucet: Consumers take a break from home renovations
Households are hitting pause on their tub-to-shower conversion plans and buying new shower curtains instead. After a pandemic-era renovation craze, the nation’s two largest home improvement retailers say customers are…
Former FTX chief Sam Bankman-Fried seeks no more than six years in prison as sentencing trial awaits
Lawyers for Sam Bankman-Fried, the former head of the collapsed cryptocurrency exchange FTX, have requested a sentence of just five to six years in prison in the wake of his…
TSA PreCheck travelers don’t have to show physical IDs at some airports
If you’re a TSA PreCheck member traveling on United Airlines via Chicago’s O’Hare or Los Angeles international airports, life just got a bit easier. United recently updated its website to…
Kellogg CEO faces backlash for suggesting people eat ‘cereal for dinner’ to save money
WK Kellogg CEO Gary Pilnick’s cost-saving suggestion of eating cereal for dinner has yet to win over consumers who are feeling the strain of grocery prices. Pilnick posed buying cereal for…