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Jersey Mike's sandwich chain acquired by private equity firm Blackstone
The transaction is “intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market,” the companies said Tuesday.
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Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.
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Here are some tips to start emergency savings as report shows 25% of Americans have none
Do you have money saved for a rainy day? Putting aside an emergency fund can be an essential element of larger savings goals so that when unplanned expenses and emergencies hit, you’re ready for them. But for many Americans, that’s easier said than done. Madeline Spencer-Orrell is working hard to cover her bills and make ends meet. But the...
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Report shows 1 in 4 people have no emergency savings
Having money set aside for unplanned expenses or emergencies is important, but it’s easier said than done.
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‘Immense opportunities ahead of us': Biden celebrates lower interest rates
President Joe Biden commended the Federal Reserve’s lowering of federal interest rates during a speech at the Economic Club of Washington, D.C., on Thursday, but warned that there was still more work to do to curb inflation. “Let’s be clear: the Fed lowering interest rates isn’t a declaration of victory,” Biden said. “It’s a declaration of...
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What is the federal interest rate, and how does it impact me?
The Federal Reserve sets the federal interest rate, which can impact everything from from your mortgage to your car loans. Here’s what you need to know.
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Roblox went public 3 years ago — here's how much a $1,000 investment would be worth now
The immersive online gaming platform made its stock market debut in 2021. Here’s how much a $1,000 investment would be worth now.
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All eyes on Wall Street after stocks tumble
All eyes will be on Wall Street on Tuesday morning after a massive stock tumble on Monday.
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Rough day on Wall Street: What experts are saying
Wall Street had its worst day in two years Monday, with the Dow Jones Industrial Average dropping just over 1,000 points. While the market has many concerned, experts are urging patience. “I think you’ve got a case where the market has been on a significant run for the last 18 months or so without any major eruption, and you’ve hit…
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Stocks tumble as Dow closes out worst day since 2022
The Dow Jones Industrial Average fell more than 1,000 points Monday.
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U.S. stock exchanges say markets are operating normally, not impacted by CrowdStrike outage
A massive IT outage that is causing global disruptions apparently won’t hold up business as usual in financial markets.
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Could your buy now, pay later loans affect your credit score? Here's what you need to know
Up until now, buy now, pay later loans have been hard to track, making it easier for more households to get in over their heads. That may be about to change.
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Mass. Congress members have ‘growing concerns' about Steward Health crisis
All 11 members of the Massachusetts delegation to D.C. signed onto a letter Thursday to Cerberus Capital Management, the private equity firm that owned Steward Health Care’s hospitals from 2010 until 2021, seeking information amid “growing concerns” about the financial plight Steward now finds itself in. “We are particularly concerned about the extent to which Cerberus and its affiliates literally…
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Mass. keeping tabs on Steward Health Care system
Health officials say they are preparing for hospital closures if the beleaguered Steward Health Care system continues to run into trouble.
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Mint, the popular budgeting app, is about to shut down
A popular budgeting app with millions of users will soon disappear. On Jan. 1, Mint will no longer be available. It’s been known as one of the best budgeting apps on the market, but users will soon have to find a replacement. The app allows users to link all their financial accounts — including credit cards, investments and loans —…
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Budgeting app Mint is shutting down
Mint will no longer be available after the end of the year.
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Tips to avoid overspending this holiday season
It can be difficult to balance the gift-giving and festivities of the holiday season with keeping a manageable budget, but financial educator and the founder of ‘Shewolfeofwallstreet’ has you covered. Amanda Wolfe sits down with Hannah to share some pointers about how to avoid overspending during the holidays.
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Free weekly credit reports now permanent
During the pandemic, the credit bureaus allowed consumers to access free credit reports weekly instead of annually; they have now made weekly reports the standard.
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Salary transparency is focus of bill that targets gender and racial wage gaps in Mass.
Many Massachusetts employers would need to provide an estimated salary range in job postings under newly moving legislation that top lawmakers pitched as a way to close gender and racial wage gaps. The Labor and Workforce Development Committee on Monday advanced a redrafted bill that would require businesses with at least 25 employees to include a projected pay range in…
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Women will accept $66,000 a year to take a new job — while men hold out for more than $90,000
For women, the lowest wage they would be willing to accept for a new job is $66,068, on average. For men, the minimum acceptable salary offer is $91,048.