In a reversal, Starbucks proposes restarting union talks and reaching contract agreements in 2024

Starbucks says it’s committed to bargaining with its unionized workers and reaching labor agreements next year. The move Friday is major reversal for the coffee chain after two years fighting the unionization of its U.S. stores.

Gas prices dip lower, an early present for travelers this holiday season: AAA

The national average for a gallon of gas resumed its gradual decline amid falling oil prices. If oil prices stay low, drivers can anticipate a continued drop in pump prices, AAA said.

Homebuying demand dries up even as mortgage rates drop: Freddie Mac

The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.

Here's how high interest rates can help build your savings

The Federal Reserve's efforts to lower inflation have pushed interest rates to an all-time high, which means consumers pay more to borrow but could be earning more on savings, a recent survey by Santander said.

Social Security: COLA increasing but Medicare costs rising too in 2024

Social Security checks are increasing next year thanks to the annual cost of living adjustments (COLA). However, the standard monthly cost of Medicare Part B will increase by $9.80, or 6%, to $174.70 in 2024, according to the Centers for Medicare and Medicaid Services (CMS).

Spotify to cut 17% of workforce in third round of layoffs this year

“We now find ourselves in a very different environment," Spotify CEO Daniel Ek said. "And despite our efforts to reduce costs this past year, our cost structure for where we need to be is still too big."

Apple, Paramount reportedly eye streaming deal

The Wall Street Journal reported that the talks between Apple and Paramount were preliminary in nature.

Companies are cutting worker benefits to offset the sting of high inflation

Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees — and the problem may soon get worse.

Gas prices’ downward trend continues – for now: AAA

Nationwide gas prices continue to fall. Lower gas demand has been a main contributor in limiting pump price increases amid rising oil prices, according to AAA.

Homeowners could save tens of thousands in damages by using smart devices

Homeowners may miss out on significant insurance discounts by overlooking the benefits of smart home devices, according to a Nationwide study.

Elon Musk tells advertisers: "Go f--- yourself"
video

Elon Musk had some harsh words for advertisers who are fleeing the platform "X". "Go f--- yourself," Musk said during an appearance at The New York Times DealBook Summit.

US third quarter GDP estimate revised upwards on second reading

Real GDP increased at an annual rate of 5.2% for the July-through-September period after rising 2.1% in the second quarter this year, according to the BEA's second estimate released Thursday.