An 80-year-old family-owned furniture company — which says it is the largest furniture manufacturer in the world — is cutting hundreds of jobs while restructuring a Texas plant. Earlier this month, Ashley Furniture filed a Worker Adjustment and Retraining Notification (WARN) with the Texas Workforce Commission, indicating that 266 employees…

Mortgage rates jumped this week to the highest level in nearly four months, 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 rose to 6.22% from last week’s reading of 6.11%. The average rate on…

Four Delta Air Lines flight attendants were injured on Friday after a flight bound for Australia experienced what the airline described as “brief turbulence.” The flight, carrying 245 passengers and 15 crew members, was headed from Los Angeles, California, to Sydney, Australia, when the turbulence began.The Airbus A350 was hit…

The CEO of Kohl’s signaled that the company isn’t planning on closing additional stores this year after it shuttered more than two dozen locations last year. Kohl’s closed 27 stores in 15 states in 2025 as the department store chain looked to get on better financial footing amid declining sales, and the…

Bizarre footage has captured the chaotic moment a service robot appeared to spin out of control at a restaurant near San Jose, California, violently striking a customer’s food and tableware without warning before abruptly breaking into a series of erratic dance moves.  The wild incident was captured in a viral…

Nearly 90,000 bottles of children’s ibuprofen have been recalled over the potential presence of a foreign substance, according to the Food and Drug Administration. Strides Pharma, Inc., headquartered in India, recalled about 89,592 bottles of its 100-milligram Children’s Ibuprofen Oral Suspension, the FDA said. The affected product was manufactured for Taro…

A University of Pennsylvania Wharton professor published a paper that claims Zillow users don’t know who they’re being connected with when they select an agent, alleging that Zillow-affiliated agents drive users to Zillow’s home mortgages.  Professor Jerry Wind’s study showed only 0.3% of users understood they would not be connected…

“Shark Tank” star Kevin O’Leary predicted which nations will control the Strait of Hormuz once the Middle East conflict subsides as Iran continues its restriction of the vital trade passage. Joining “The Claman Countdown” Thursday, O’Leary analyzed the market impact of the Middle East conflict and how investors should navigate…

Rivian and Uber on Thursday announced a partnership worth up to $1.25 billion to accelerate the two companies’ plans for autonomous vehicles and deploy up to 50,000 fully autonomous robotaxis in the years ahead. Under the agreement, Uber will invest up to $1.25 billion in Rivian through 2031, subject to achieving…

A new tax break is available this filing season for taxpayers who have car loans on vehicles that meet certain specifications. The One Big Beautiful Bill Act (OBBBA), which was passed through Congress by Republicans using the reconciliation process and signed into law last year by President Donald Trump, included a provision…