Xanax XR recall issued nationwide over release issue

Markets

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…

Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan

News

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…

Is Debt Consolidation A Good Idea? Consider The Pros & Cons

Mortgage

Key takeaways Debt consolidation can simplify your finances and potentially lower your interest rate. There may be upfront costs that can offset potential savings. People with good credit may qualify for better loan terms, making consolidation a good option. Debt consolidation involves combining several debts — such as credit cards,…

Snap lays off roughly 1,000 employees as tech firm restructures workforce

Markets

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…

Average mortgage payment tops $2,000 for first time, Realtor.com says

News

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…