[ad_1] Shoppers may be eager to find the best deals on Black Friday, but in doing so they could overlook an area where they may get dinged: Product returns. Six of 10 retailers are changing their returns policies this holiday season, according to a recent survey of 500 retailers by goTRG, a return management provider. … Read more
[ad_1] As consumers gear up for their holiday shopping this year, some may turn to “buy now, pay later” loans to fund gift purchases, especially young and low-income consumers who may not have ready access to traditional credit. But financial experts are cautioning shoppers to be aware of hidden financial risks with these popular loans. … Read more
[ad_1] The number of Americans applying for unemployment benefits rose to the highest level since August, although it remains low by historic standards. Some 240,000 people applied for jobless aid last week, up by 17,000 from the week before, the Labor Department reported Wednesday. The four-week moving average of claims, which smooths out week-to-week volatility, … Read more
[ad_1] The company tasked with locking down assets of the failed cryptocurrency exchange FTX Trading said it has recovered $740 million in assets so far, a fraction of the potential billions of dollars likely missing from FTX’s coffers. Cryptocurrency custodial company BitGo disclosed the figure on Wednesday in court filings. FTX hired BitGo hours after the … Read more
[ad_1] The judge who sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison has recommended she serve out her term at a minimum-security women’s facility in Texas. Judge Edward Davila of the Northern District of California recommended Holmes serve at Federal Prison Camp at Bryan, Texas, according to a court filing last … Read more
[ad_1] Americans looking to get a jump-start on their holiday shopping Thursday have fewer options than before the pandemic, with more retailers now closing their doors on Thanksgiving Day. The practice by major retail chains of launching in-store Black Friday sales on Thanksgiving came to an abrupt end in 2020, when COVID-19 made going to crowded … Read more
[ad_1] Cases of Budweiser that were meant to be sold during the FIFA World Cup in Qatar will instead go to fans of whichever country wins the global soccer tournament, the beer brand’s parent company announced this week. The World Cup kicked off on Sunday with fans cheering on their favorite teams from living room … Read more
[ad_1] Fashion brand Balenciaga has apologized for an advertising campaign that critics say sexualizes children. The ads, which ran on Instagram, depict children holding teddy bear bags outfitted in what appears to be bondage gear and also includes documents that appear to be a court ruling about child pornography. The company said it is taking … Read more
[ad_1] About 16 million borrowers who had applied for the Biden administration’s student loan forgiveness program received letters staring last weekend letting them know that they’ve been approved for debt relief. However, the letter states that a number of lawsuits “have blocked our ability to discharge your debt at present.” The approvals come after two … Read more
[ad_1] U.K.-based street and performance artist Banksy is accusing clothing maker Guess of stealing his work and is calling on people to shoplift from the retailer’s store on Regent Street in London. “Attention all shoplifters,” Banksy wrote in a recent Instagram post. “Please go to Guess on Regent Street. They’ve helped themselves to my artwork … Read more