First Citizens to acquire troubled Silicon Valley Bank, FDIC says

First Citizens to acquire troubled Silicon Valley Bank, FDIC says

Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.

Customers of Silicon Valley will automatically become customers of First Citizens, which is headquartered in North Carolina.

Disney World, union reach tentative deal for minimum wage increase

Disney World, union reach tentative deal for minimum wage increase

After months of back-and-forth negotiations, The Walt Disney Co. and the unions in Florida just reached an agreement on a pay raise.

After months of back-and-forth negotiations, The Walt Disney Co. and the unions in Florida just reached an agreement on a pay raise.

Gender pay gap in US hasn’t changed much in two decades, report finds

Gender pay gap in US hasn’t changed much in two decades, report finds

New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.

New analysis from Pew Research finds that despite women earning more now than they did over 30 years ago, the disparity in pay for them compared to men has been stagnant.

Federal Reserve raises key interest rate by quarter-point

Federal Reserve raises key interest rate by quarter-point

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

The Fed also warned that the financial upheaval stemming from the collapse of two major banks is “likely to result in tighter credit conditions" and “weigh on economic activity, hiring and inflation."

More people are delaying paying up front

More people are delaying paying up front

An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.

An increasing number of shoppers are leaning on buy now, pay later services -- with many using it to foot the bill for groceries.

Amazon to cut 9,000 more jobs amid 'uncertain economy'

Amazon to cut 9,000 more jobs amid 'uncertain economy'

Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.

Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.

Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse

Study finds 186 banks vulnerable to Silicon Valley Bank-like collapse

A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.

A new study says that, depending on certain market conditions, nearly 200 U.S. banks could be vulnerable to the same fate as Silicon Valley Bank.

Disney workers rally for a raise in march outside Florida parks

Disney workers rally for a raise in march outside Florida parks

Dozens of workers at Walt Disney World Resort marched and chanted outside the Florida theme parks on Thursday, rallying for a raise.

Dozens of workers at Walt Disney World Resort marched and chanted outside the Florida theme parks on Thursday, rallying for a raise.

Florida's January job report showed unemployment at 2.6%

Florida's January job report showed unemployment at 2.6%

With service-related jobs topping employment gains, Florida’s unemployment rate dipped slightly as 2023 began.

With service-related jobs topping employment gains, Florida’s unemployment rate dipped slightly as 2023 began.

Silicon Valley Bank seized by regulators

Silicon Valley Bank seized by regulators

Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.

Silicon Valley Bank, known as SVB, is the largest bank failure since the height of the 2008 financial crisis.

To tip or not to tip? 'Tipflation' changing culture of gratuities

To tip or not to tip? 'Tipflation' changing culture of gratuities

When it comes to dining out, getting a haircut, or grabbing a cup of coffee, the big question is: to tip or not to tip, and how much?

When it comes to dining out, getting a haircut, or grabbing a cup of coffee, the big question is: to tip or not to tip, and how much?

Powell signals increased interest rate hikes if economy stays strong

Powell signals increased interest rate hikes if economy stays strong

Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.

Chair Jerome Powell's comments raise the possibility that the Fed will increase its key interest rate by a half-percentage point at its next meeting, after having carried out a quarter-point hike in February.

Housing affordability is at the lowest level in over a decade

Housing affordability is at the lowest level in over a decade

Home prices are finally falling after hitting an all-time high in 2022, but ownership is still out of reach for many Americans. 

Home prices are finally falling after hitting an all-time high in 2022, but ownership is still out of reach for many Americans.