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CBSN Business News
Latest Business Updates from CBSN - Read Today's All Business News
Spirit Airlines said Monday that it's filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and failed attempts to sell itself to other carriers.
America's seniors will pay more for their health care in the new year, as the Centers for Medicare and Medicaid Services (CMS) has announced that premiums for its Part B plan will increase by about 6% in 2025.
The Federal Reserve on Thursday announced its second interest rate cut of 2024, trimming its benchmark rate by 0.25 percentage points amid cooling inflation. The expected move by the U.S. central bank provides additional relief to millions of Americans grappling with high borrowing costs.
Election Day 2024 is expected to bring out tens of millions of people to their polling places, and many may also want to know what's open or closed if they need to run errands, like shopping or getting to the post office.
Restaurant chain TGI Fridays filed for bankruptcy protection Saturday, saying it is looking for ways to "ensure the long-term viability" of the casual dining brand after closing many of its branches this year.
Starbucks is looking to turn its business around by being less of a fast-food chain and more of a neighborhood coffee house.