More than 15 million Toshiba laptop adapters recalled due to fire hazards
The firm formerly known as Toshiba is recalling 15.5 million AC laptop adapters due to the potential for burn and fire risks. The firm, now called Dynabook, said it had…
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Capital One-Discover merger could put a bigger squeeze on credit card users, experts warn
Capital One’s $35.3 billion deal to buy Discover is a long way from being completed. But consumer advocates and some lawmakers are already raising questions about how the proposed merger…
American Airlines raises bag fee by $10 for luggage checked at the airport
If you’re checking a bag for an American Airlines flight, expect to pay more. The carrier has announced it is raising its checked bag fee by $10, from $30 to…
Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal
Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a…
Dow tumbles 500 points, posts worst day since March 2023 after hot inflation report
Stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able to cut rates several times this year,…
Target unveils new items costing $10 or less — and some under $1
As consumers continue to struggle with persistently high inflation, Target is unveiling a low-price, in-house brand it’s calling dealworthy. Target’s dealworthy products will start at less than $1, with most…
Young adults are getting used to living on a financial cliff
Young adults’ wealth is growing, but they’re still living and spending in the here and now. Many feel they don’t have a choice. The net worth of Americans ages 18-39…
Federal regulators are probing whether Cash App leaves door open to money launderers, terrorists
Federal financial regulators are exploring allegations by two whistleblowers that Cash App, the popular mobile payment platform, and entities providing transaction services to its users performed inadequate due diligence on…
Don’t freak out about the stock market’s inflation freakout
Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not be coming soon. But don’t freak out. Markets…
Don’t freak out about the stock market’s inflation freakout
Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not be coming soon. But don’t freak out. Markets…