Business

When did everything get to be so expensive and will prices ever come down again? The good news is that price increases have already drifted downward from the heights we experienced just last summer. At…

Americans increasingly turned to their credit cards to make ends meet heading into the summer, sending aggregate balances over $1 trillion for the first time ever, the New York Federal Reserve reported Tuesday. Total credit…

Southwest Airlines on Tuesday said it will appeal a Texas federal judge’s unusual order requiring three of its senior lawyers to attend “religious liberty training” by a prominent conservative Christian legal group. The airline in a…

The U.S. just lost as much as 15% of its small-batch trucking capacity — and consumers are likely to feel the effects in higher prices as the holiday season rolls around. On Monday, Yellow, a…

Disney posted mixed results for the fiscal third-quarter despite ongoing streaming woes and massive restructuring costs from pulling content from its platforms. Subscriber losses continued over the last three months, with the company reporting 146.1 million…

Disney is raising prices on almost all of its streaming offerings as it looks to accelerate profitability for the business. Commercial-free Disney+ will cost $13.99 per month, a 27% increase, beginning Oct. 12. Disney+ with ads…

Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces. In a Monday announcement, the two companies said they had entered an agreement for Campbell’s to acquire Sovos for $23 per…

Tesla’s chief financial officer, Zach Kirkhorn, stepped down from his position, effective Aug. 4, the automaker announced Monday morning in a regulatory filing. Tesla’s chief accounting officer Vaibhav Taneja was appointed as the new CFO…

ESPN is launching an online sportsbook, putting its brand on a gambling platform for the first time. In a release Tuesday afternoon, the Disney-owned property said it would partner with the sports betting group Penn…

The hunger is real. Subway announced Tuesday that nearly 10,000 individuals said they would legally change their name to ‘Subway’ to receive free sandwiches for life from the quick-serve chain — and did so within…