Fewer Americans are willing to move for work, survey finds

Job seekers may be in the market for a new opportunity, but this doesn't mean they will necessarily accept the position if offered based on a recent survey.

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.

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.

Mortgage rates rise amid interest rate environment uncertainty: Freddie Mac

The average rate for a 30-year fixed-rate mortgage rose to 6.39% for the week ending May 18, 2023, according to Freddie Mac’s latest data. Still, some experts have said they believe mortgage rates may come down if the Fed loosens up monetary policy.

Atlanta pre-check passengers can now use app
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The Transportation Security Administration (TSA), in partnership with the State of Georgia and Apple, has implemented a new technology that allows passengers to use their Georgia-issued mobile driver's license or ID card stored in Apple Wallet for identity verification during airport security screening at Hartsfield-Jackson Atlanta International Airport (ATL). Beginning this week, individuals who possess driver's licenses or state IDs issued by the State of Georgia can add a digital version of their license or ID to Apple Wallet. They can then present this digital identification at the T-South security checkpoint at ATL if they are enrolled in TSA PreCheck? and are using a designated checkpoint lane. FOX 5 Atlanta's Brooke Zauner reports on the latest on LiveNOW From FOX.

Disney pulls plug on $1 billion FL project
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Amid an ongoing feud with Florida Governor Ron DeSantis, Disney has decided not to move forward with a project that would have brought some 2,000 jobs to Central Florida near Orlando. Josh D'Amaro, chairman of Disney Parks, Experiences and Products, told employees in a letter provided to FOX Business that the company is no longer moving forward with its office development in Lake Nona, citing "new leadership and changing business conditions."

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.

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.

Many Americans eye buy now, pay later to gain more financial flexibility: Survey

Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.

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.

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.