A batch of Xanax XR is being recalled nationwide after the manufacturer found it may not release the medication in the body as intended. Viatris, Inc. initiated the voluntary recall for ALPRAZolam extended-release tablets, 3 mg, distributed in 60-count bottles under lot number 8177156 with an expiration date of Feb.…

Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing infrastructure for artificial intelligence (AI). The San Francisco-based company said it will execute a $50 million convertible financing agreement with an institutional investor to begin acquiring graphics processing units (GPUs), which can be used to…

American retirees who are receiving Social Security will see an annual cost of living adjustment (COLA) next year, and a new report projects that next year’s benefit increase may be smaller than many retirees expect. A new analysis by The Senior Citizens League (TSCL) predicts that Social Security’s 2027 COLA…

Mortgage rates fell this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.3% from last week’s reading of 6.37%. The average rate on a 30-year loan was 6.83% a year ago.…

Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports.  The low-cost carrier, which filed for Chapter 11 bankruptcy protection in late 2024, has been working toward a financial overhaul aimed at…

Snap on Wednesday announced plans to lay off roughly 1,000 employees, as the tech company adopts artificial intelligence (AI) and looks to streamline its operations. The parent company of Snapchat will also close over 300 open roles as part of its workforce restructuring, which comes after Irenic Capital Management pushed…

Outstanding mortgage payments reached a new high at the end of last year when the typical mortgage holder’s monthly payment exceeded $2,000 for the first time. While the average monthly payment for new homebuyers crossed the $2,000 threshold in September 2022, the rise in the average monthly payment for all…

Americans are facing a midnight deadline to file their 2025 tax return, but the refunds that await the majority of taxpayers are larger on average than a year ago – with taxpayers in certain states receiving higher refunds, according to a new report. An analysis by Upgraded Points of how…

The tax filing deadline for 2025 tax returns is here, with taxpayers having until just before midnight on April 15 to file their returns or request an extension. Last-minute tax filers racing against the clock to get their return filed ahead of the IRS deadline will want to be systematic…

The White House released a study on Monday that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth. The authors of the report used federal data broken down by industry, state and year to track the representation of Black, Hispanic and…