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What is Chapter 11 bankruptcy protection?
Chapter 11 bankruptcy provides a procedure by which an individual or a business can reorganize its debts while continuing to operate.
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Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year
Warren Buffett shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end of the year. Previously the 94-year-old investor has always said he had no plans to retire. But Abel has been...
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Lawmakers debate over card ‘swipe fees' in Austin
A debate in Austin may impact where you can use your credit card and the amount of rewards points you earn in return. It’s part of a business-on-business battle over “swipe fees.” NBC 5’s Phil Prazan has details.
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Lawmakers look at trade-offs over ‘swipe fees' that generate rewards points
A business-on-business battle in Austin could impact your credit card, your debit card, and popular rewards and points programs. It’s a debate over “swipe fees” and how much Texas stores should be paying.
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The US Postal Service wants to hike prices. Here's what to expect
The proposed changes, including raising the price of “forever” stamps to 78 cents, would increase the cost of mailing services by 7.4%.
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How to prepare for a possible recession, according to an expert
Columbia Business School professor Rita McGrath shares how to spot signs of a looming recession and gives advice on preparing for the worst.
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Hooters files for bankruptcy to enable founder-led buyout
Hooters says it intends to stay open and resolve its troubles within four months. A group of the company’s original founders plans to buy and operate more of the restaurants.
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What is a recession in the economy?
An economic recession is defined as a significant and widespread decline in economic activity for multiple months.
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Changes coming for Social Security payments and direct deposit. What to know
The Social Security Administration has updated the changes they are making to identity verification measures, delaying the start date for the new requirements and adding some exceptions.
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Changes coming for Social Security payments and direct deposit. What to know
Will you need to prove your identity for Social Security payments after the department soon changes its protocols?
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DoorDash and Klarna partner on ‘buy now, pay later' loan option
The new arrangement, announced on Thursday, allows customers to defer payment of DoorDash orders and has received backlash on social media.
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The salary you need to be considered middle class in every US state
A six-figure salary might seem like a lot, but the upper range of middle-class earnings exceeds $100,000 in every U.S. state.
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Changes coming for Social Security payments and direct deposit. What to know
Changes are coming from the Social Security Administration surrounding direct deposit for many recipients or applicants.
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S&P 500 closes in correction territory Thursday as stocks tumble again on Trump tariff threats: Live updates
Investors digested the latest tariff threat from President Donald Trump, while they pored through new U.S. inflation figures.
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Wall Street falls again as losses wipe out all post-election gains for the S&P 500
Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500.
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If you stayed at one of these popular hotels, you may be eligible for some money
Those who stayed at a number of popular hotels in Las Vegas and other cities, whose data was potentially compromised in one of two data incidents in recent years, could be eligible for part of a multi-million dollar class-action settlement.
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Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.
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South Dallas sees renewed investment in business growth and financial literacy
With $200,000 in grants and new financial resources, efforts to support businesses in South Dallas are growing. From banking education to pop-up shops, local entrepreneurs are finding new ways to thrive. NBC 5’s David Goins has the story.
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DebtRedemption.com shares how they can help you resolve $50,000 to $300,000 in high-interest debt and help you earn your financial freedom.