UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:20
Travelers hoping to enjoy one last summer fling over Labor Day weekend should expect lots of company
If you're squeezing in one last summer trip over the Labor Day weekend, expects lots of company
2023-08-31 12:20
US intel: Ukraine war caused 'one of the most disruptive periods' for global food security
Russia's invasion of Ukraine caused deep disruptions in the global food supply, raising prices and increasing the risk of food insecurity in poorer nations in the Middle East and North Africa, America's top spy agency said in an unclassified report released by Congress on Wednesday.
2023-08-31 05:21
Biden cancels $72 million in student loan debt for borrowers who went to for-profit Ashford University
Even though President Joe Biden's student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.
2023-08-31 04:26
New York AG's office alleges Trump inflated his net worth by as much as $2.2 billion in 1 year
Donald Trump inflated his net worth by as much as $2.2 billion in one year, lawyers for the New York attorney general's office alleged as part of their civil fraud lawsuit against the former president, his adult sons and the Trump Organization.
2023-08-31 03:45
Millions of salaried workers would get overtime pay under Biden administration proposal
Some 3.6 million salaried workers would newly qualify for overtime pay under a proposed rule unveiled by the US Department of Labor on Wednesday. It would guarantee overtime pay of at least time-and-a-half for most salaried workers earning less than $1,059 a week, or about $55,000 a year.
2023-08-31 03:27
Hollywood's working class turns to nonprofit funds to make ends meet during the strike
Hollywood crew members are turning to nonprofits like the Entertainment Community Fund for assistance as they have also lost work during the writer and actors strikes
2023-08-31 01:45
It's not just crime: What's really going on with SF's shrinking retail district
In many ways, San Francisco's downtown is in dire straits. The city's once bustling Union Square neighborhood, once teeming with shoppers, diners, and tourists, has suffered declining foot traffic and closing stores.
2023-08-31 00:53
Bring some happy vibes home with fall's 'dopamine decor' trend
The biggest trend in home decorating this fall is an emphasis on happiness, self-expression, color and creativity
2023-08-30 23:28
Rising labor costs are making AI stocks even more attractive
About 300 million full-time jobs across the globe could be lost (or greatly diminished) due to the recent boom in artificial intelligence, Goldman Sachs estimates.
2023-08-30 20:21
Edmunds: Best used electric vehicles under $25,000
Electric vehicle tax credits aren’t just for new EVs anymore
2023-08-30 19:21
Troubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity crisis which some fear could spread to China's wider economy and even spill over abroad.
2023-08-30 14:49