WeWork Inc. said late Monday it was skipping some interest payments so it can discuss its options with its lenders and preserve some of its liquidity.
The Fed: Fed’s biggest question is how long to keep interest rates high, Barr says
The central bank must decide how long to keep interest rates high to make sure inflation is tamed.
: Visa to invest $100 million in AI fintech startups focused on payments
Visa said in the extended session Monday it was launching a $100 million generative AI ventures initiative.
: Jabil to restructure its business, lay off workers
The electronics maker will embark on a restructuring that includes “headcount reductions” and cost about $200 million to implement.
: Court strikes down federal rule that sharply increased prescription costs for many patients
Drugmakers’ copay assistance is at issue in patient-advocacy groups’ lawsuit.
The Human Cost: $24 billion in pandemic-era funding for child care just expired. Will it impact your family?
More than 70,000 child-care programs could eventually close now that pandemic-era federal funding has expired.
Market Extra: Utilities stocks suffer worst day since 2020 as Treasury yields resume climb
The S&P 500 utilities sector falls to its lowest since June 2020 as Treasury yields resume their climb.
: The price of a new car has risen 33% in 5 years. Read these tips to avoid being ripped off.
There’s an awful lot you can do before you set foot in a car dealership, experts say.
: Why home insurance prices in the U.S. went up 21% between 2022 and 2023
‘New buyers are often not aware of how high insurance premiums can be.’
: Student-loan borrowers waiting hours on hold and receiving incorrect information as payments resume
‘This is very frustrating’: Confusion reigns as millions of borrowers go back to paying their student loans.
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