People aren’t boosting their savings much even as wages rise and inflation slows. Households socked away about 3.9% of their disposable income…
Business News
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Business News
Delta cancels hundreds more flights as its recovery from global CrowdStrike-Microsoft outage lags
Delta Air Lines CEO Ed Bastian apologized and offered frequent flyer miles to travelers for thousands of flight cancellations as the carrier struggled…
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Business News
Federal Reserve fines Walmart-linked Green Dot Corp $44 million after customers lost access to funds
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44…
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A software failure in the web that makes up the global supply chain threatens to disrupt daily commerce for an indefinite period,…
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A fault with an update issued by cybersecurity company CrowdStrike led to a cascading effect among global IT systems Friday, with industries…
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Business News
With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray
Netflix’s second-quarter earnings report contained no bombshells, and that’s just fine for the company and its investors. In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner…
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Business News
Ticketmaster offers four tickets for $80 to selected shows amid summer concert slowdown
Ticketmaster and its parent company, Live Nation, are offering a promotion through the end of July that lets users buy four tickets…
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Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday,…
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Business News
Savings drained and living off $2,400 a month, a Florida retiree misses out on her ‘golden years’
This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Retirement has not…
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Business News
Ford to spend $3 billion to expand large truck production to a plant previously set for EVs
DETROIT — Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted…