Behind on your retirement savings? Here's one feature that can help workers catch-up

Behind on your retirement savings? Here's one feature that can help workers catch-up

Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study

Automatic enrollment into a workplace savings plan could help close the gap for Black and Latino employees that might otherwise have lower plan participation rates, according to a recent Voya Financial study

Americans are not exploring their own cities like they used to, study says

Americans are not exploring their own cities like they used to, study says

The MIT-led study found a 15% to 30% decrease in the number of visits residents were making to areas that are socioeconomically different than their own.

The MIT-led study found a 15% to 30% decrease in the number of visits residents were making to areas that are socioeconomically different than their own.

Cava files for IPO as leader of Mediterranean fast-casual restaurants

Cava files for IPO as leader of Mediterranean fast-casual restaurants

The D.C.-based Mediterranean chain restaurant Cava has officially filed for an initial public offering with the Securities and Exchange Commission. 

The D.C.-based Mediterranean chain restaurant Cava has officially filed for an initial public offering with the Securities and Exchange Commission. 

Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power

Shopping for cheaper insurance hits a new high as Americans seek relief from rising rates: J.D. Power

The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.

The rate at which drivers were given new auto insurance quotes increased by 13.1% in the first quarter of 2023 – the highest rate since June 2021. And the switch rate increased by 4.1%, according to J.D. Power report.

America's debt hits new record of more than $17 trillion: NY Fed

America's debt hits new record of more than $17 trillion: NY Fed

Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.

Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.

Peloton to offer rear safety guard for recalled Tread+ treadmill

Peloton to offer rear safety guard for recalled Tread+ treadmill

Owners of Peloton’s Tread+ were told to stop using the product after a 2021 recall linked to a child’s death and other injuries.

Owners of Peloton’s Tread+ were told to stop using the product after a 2021 recall linked to a child’s death and other injuries.

Demand for used cars likely to grow as consumer seek affordability: Edmunds

Demand for used cars likely to grow as consumer seek affordability: Edmunds

Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.

Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.

Wendy's to test underground robot delivery for mobile orders

Wendy's to test underground robot delivery for mobile orders

Instead of requiring employees to bring out mobile food orders, the robotic system is designed to transport the orders underground "in seconds," the fast food chain said.

Instead of requiring employees to bring out mobile food orders, the robotic system is designed to transport the orders underground "in seconds," the fast food chain said.

Target CEO: Retail theft may cost company over $1.2B this year

Target CEO: Retail theft may cost company over $1.2B this year

Target said it’s seeing an increasing number of violent incidents at stores, but doesn’t want to close stores because that hurts workers and the community.

Target said it’s seeing an increasing number of violent incidents at stores, but doesn’t want to close stores because that hurts workers and the community.

Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns

The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.

The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.

Amazon to increase delivery speed while cutting costs

Amazon to increase delivery speed while cutting costs

Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.

Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.