Southwest reports $159 million 1Q loss on meltdown effects
The airline said Thursday, however, that it made money in March and expects to be solidly profitable in the April-through-June quarter that includes the start of the peak summer travel season.
The airline said Thursday, however, that it made money in March and expects to be solidly profitable in the April-through-June quarter that includes the start of the peak summer travel season.
Mortgage rates rise, add to affordability issues
The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.
The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.
These jobs are safe from the AI revolution — for now
Jobs involving manual or outdoor labor or specialized knowledge are less likely to be replaced by AI-informed automation.
Jobs involving manual or outdoor labor or specialized knowledge are less likely to be replaced by AI-informed automation.
Home price growth continues to slow down: Fannie Mae
Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.
Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
Elon Musk says owning Twitter is 'painful' but needed to be done
Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful" but that the social media company is now roughly breaking even after he acquired it late last year.
Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful" but that the social media company is now roughly breaking even after he acquired it late last year.
More Americans taking 'side hustles' to make ends meet
In today's expensive world, many Americans are turning to side hustles to make ends meet. From pet-sitting to food delivery, people are taking on extra work to pay for unexpected expenses and to gain disposable income.
In today's expensive world, many Americans are turning to side hustles to make ends meet. From pet-sitting to food delivery, people are taking on extra work to pay for unexpected expenses and to gain disposable income.
Are robot waiters the future? Some in restaurant industry think so
Many think robot waiters are the solution to the industry’s labor shortages. But others note how they can’t yet take orders, and many restaurants have steps that they can’t adapt to.
Many think robot waiters are the solution to the industry’s labor shortages. But others note how they can’t yet take orders, and many restaurants have steps that they can’t adapt to.
Homebuyers find opportunity in declining mortgage rates: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.32% for the week ending March 30, according to Freddie Mac's Primary Mortgage Market Survey.
The average rate for a 30-year fixed-rate mortgage dropped to 6.32% for the week ending March 30, according to Freddie Mac's Primary Mortgage Market Survey.
McDonald's temporarily shuts US offices, prepares layoff notices: report
McDonald's said in an internal email last week to U.S. employees and some international staff that they should work from home from Monday through Wednesday, so it can deliver staffing decisions virtually, the report said.
McDonald's said in an internal email last week to U.S. employees and some international staff that they should work from home from Monday through Wednesday, so it can deliver staffing decisions virtually, the report said.
Apple Pay Later launches after a six-month delay
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Spirit Airlines bringing in 4,000 pilots, flight attendants, other team members this year
Spirit Airlines said it will hold five recruitment events in cities across the U.S. in April, and that the hiring announcement is not related to JetBlue's acquisition of the low-cost airline.
Spirit Airlines said it will hold five recruitment events in cities across the U.S. in April, and that the hiring announcement is not related to JetBlue's acquisition of the low-cost airline.
Starbucks' Howard Schultz grilled by Senate over anti-union actions
Longtime Starbucks CEO Howard Schultz insisted the coffee chain hasn't broken labor laws and is willing to bargain with unionized workers during an often testy, two-hour appearance before the Senate Health, Education, Labor and Pensions Committee.
Longtime Starbucks CEO Howard Schultz insisted the coffee chain hasn't broken labor laws and is willing to bargain with unionized workers during an often testy, two-hour appearance before the Senate Health, Education, Labor and Pensions Committee.
US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.
'I'm feeling helpless and unmoored': Etsy sellers go unpaid after Silicon Valley Bank collapse
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Etsy said it will have to delay payments to its sellers after the Silicon Valley Bank collapse, but its words are of little comfort to those in need.
Good News: Student loan refinance interest rates edge down for 5-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Savings window opens: Today's 30-year mortgage rates fall to lowest levels in 26 days | March 13, 2023
Check out the mortgage rates for March 13, 2023, which are down from last Friday.
Check out the mortgage rates for March 13, 2023, which are down from last Friday.
Biden tells US to have confidence in banks after 2 collapse
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.
Lawsuit: Transgender Wells Fargo teller says managers ‘laughed’ as customers mocked her
The former teller said customers abused and bullied her while her managers stood by, laughing or “playing silent.”
The former teller said customers abused and bullied her while her managers stood by, laughing or “playing silent.”
Home price gains lose momentum in December, but rate of decline slows: CoreLogic
On an annual basis, home prices increased by 6.9% in December compared to 8.6% in November and a historical high of 20% gained last spring.
On an annual basis, home prices increased by 6.9% in December compared to 8.6% in November and a historical high of 20% gained last spring.